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Strategic Oil Reserves
March 14th, 2026 - 12:53 GMT
Osama Ali

Osama Ali

Japan announces major oil reserve release amid Iran war market shock

ALBAWBA - As part of an international effort to calm the world's energy markets after the conflict with Iran caused substantial price hikes, Japan announced intentions to release a significant amount of its strategic oil reserves. After initially expressing reluctance, European nations have decided to take part in a coordinated release of oil reserves, according to Japanese Industry Minister Ryosei Akazawa on Saturday. After Japan had earlier assisted in easing ...
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Etisalat is acquiring a 53 percent stake in Maroc Telecom (File Archive)
April 28th, 2014 - 10:00 GMT

Top UAE Telecom signs multi-currency deal to fund Maroc Telecom acquisition

Al Bawaba
April 28th, 2014 - 07:12 GMT

Viceroy to add two more luxury hotels under its belt in Dubai

Al Bawaba
April 28th, 2014 - 06:30 GMT

To the last drop: Iran suffering serious water-shortage

Al Bawaba
April 28th, 2014 - 02:55 GMT

The boycott fear? Israel expanding trade offices in Asia, Africa at the expense of Europe

Al Bawaba
April 28th, 2014 - 01:10 GMT

A very different "Borg Al-Arab": construction of government subsidized housing almost complete in Alexandria

Iran-Russia trade currently totals $5 billion a year, but economists say the two countries can at least quadruple the volume of their trade exchanges.
April 28th, 2014 - 12:50 GMT

Partners in...sanctions? Russia, Iran $10 billion power deal gaining momentum

Upon completion, it is expected to provide 40,000 housing units across four districts that will house 200,000 to 250,000 people
April 28th, 2014 - 12:41 GMT

Emirati Bloom to house 250000 Iraqis through Shores of Karbala Project

Al Bawaba
April 27th, 2014 - 11:21 GMT

Supply and demand? Oman registers more than 2,000% increase in fake products

Al Bawaba
April 27th, 2014 - 11:00 GMT

Diamonds are forever?! Inshallah, says KSA after Riyadh captures seven percent of global trade

Bahrain has also been in the process of implementing reforms for expatriate worker rights (File Archive/AFP)
April 27th, 2014 - 09:35 GMT

Beware of Bahrain's new blacklist! Employers hiring illegal workers to face new penalties under new policy

“The size of the Lebanese banks in Iraq maybe too small compared to the huge Iraqi market. Iraq’s seven state-owned banks have 80 percent of assets and 90 percent of total deposits in the country. However, we are going to the Iraqi market to serve new clients,” Bassil said.
April 27th, 2014 - 02:55 GMT

Misery loves company? Lebanese banks announce their intention to pursue Iraq's banking sector

Rouhani's first attempt at implementing subsidy reform was a disaster.
April 27th, 2014 - 02:55 GMT

The litmus test for Rouhani's popularity? Iranians rush to gas stations in anticipation of unprecedented price hike

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