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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 6th, 2014 - 07:55 GMT

Climbing up the property ladder: India largest foreign investor in Dubai real estate

Omani exporters wishing to access EU markets should be aware of the existing special requirements of their trading partners
April 6th, 2014 - 06:55 GMT

Two heads are better than one: Oman, EU seek to boost bilateral trade, investment

The IMF official said growth increased to about 3 per cent in 2013
April 6th, 2014 - 05:52 GMT

IMF to disburse $264m to Jordan under a Stand-By Arrangement in April

Iran says US sanctions have prevented it from renewing its fleet, forcing it to use sub-standard Russian aircraft and to patch up jets that have long since exceed their normal years of service. Iran says US sanctions have prevented it from renewing its fleet, forcing it to use sub-standard Russian aircraft and to patch up jets that have long since exceed their normal years of service.
April 6th, 2014 - 02:55 GMT

200 accidents later, Boeing,GE to sell spare airplane parts to Iran

According to SFD sources, around 50 companies were referred to the Public Prosecution last year. Altogether 84 cases were registered during the same time.
April 4th, 2014 - 07:41 GMT

Going Saudi-style? Qatar cracks down on migrant workers

Al Bawaba
April 3rd, 2014 - 11:55 GMT

Abu Dhabi's LED lights help reduce consumption

Rental rates for prime two-bedroom apartment on Abu Dhabi Island now average Dh200,000 per year
April 3rd, 2014 - 09:55 GMT

Here comes the 'Dubai avalanche'? apartment sale prices in Abu Dhabi on the rise

Al Bawaba
April 3rd, 2014 - 06:50 GMT

You know things are bad when....Turkey goes asking for Gulf money

Al Bawaba
April 3rd, 2014 - 02:58 GMT

Halal expansion: Zain Telecom secures $250 million islamic loan

New features of the device include dust and water resistance, and fingerprint and heartbeat scanners.
April 3rd, 2014 - 02:55 GMT

Take that, Apple: Samsung Galaxy S5 market price revealed

He said Saudi Arabia required at least 10 more universities within the next five years to meet the requirements of its growing population.
April 3rd, 2014 - 02:47 GMT

Quantity vs. quality: Saudi Arabia establishes 3 new public universities

ICT spending in the Middle East is expected to reach $211.1 billion this year
April 2nd, 2014 - 10:40 GMT

Middle East ICT spending to reach $211.1 billion in 2014

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