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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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Al Bawaba
April 17th, 2014 - 03:34 GMT

Dubai's "Tourism Dirham" gets good feedback

Al Bawaba
April 17th, 2014 - 03:09 GMT

New priorities? Abu Dhabi families spend more on phones than on education, survey says

Al Bawaba
April 17th, 2014 - 02:09 GMT

Around 573 new hotels to be built in Middle East/Africa region, report says

Saudi Weddings 2014, is the perfect one-stop wedding festival for future weds to see, touch, hear, compare wedding jewelry, dresses, cosmetics and fragrances according to the latest trends.
April 17th, 2014 - 02:55 GMT

Bring on the matrimonial spirit! International Wedding Exhibition makes it to Riyadh

Dimian noted that the annual meeting between Egypt and the IMF will be scheduled after the presidential elections, slated to take place in May.
April 17th, 2014 - 02:55 GMT

Third time's a charm? Egypt gives stimulating economy with UAE money another shot

 The kingdom's banking sector remains very resilient and requirements to enhance the liquidity and reserves under Basel III will further bolster it, Rasheed Al Maraj was quoted as saying.
April 16th, 2014 - 08:07 GMT

Moving forward: Bahraini banks to adopt Basel III standards

The growth rate is more than double a recent estimate from the International Air Transport Association, or Iata, that passenger demand will increase 5.8 per cent this year on a global basis
April 16th, 2014 - 04:34 GMT

Etihad airways smashes expectations and posts double expected profits

Al Bawaba
April 16th, 2014 - 12:23 GMT

Optimism for Abu Dhabi as "Consumer Confidence" grows

Al Bawaba
April 16th, 2014 - 11:55 GMT

Going green: Qatar to invest $182 billion in eco-friendly infrastructure

Al Bawaba
April 16th, 2014 - 10:27 GMT

Expat workers still banned in Oman

Al Bawaba
April 16th, 2014 - 10:11 GMT

World Bank approves loan for Lebanon as part of Reform Project

Al Bawaba
April 16th, 2014 - 09:39 GMT

Eight out of 10 people will buy a car in the Middle East, survey says

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