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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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Almost one million foreign workers left KSA between March and November 2013 ahead of Saudi's major labor deportations at the end of last year (File Archive)
March 25th, 2014 - 01:45 GMT

Report: KSA policy forces over half of contracting firms to shut their doors....for good

Al Bawaba
March 25th, 2014 - 09:55 GMT

China to provide new loans to Sudan

Al Bawaba
March 25th, 2014 - 08:58 GMT

Business tourism in Dubai expected to grow in line with Expo 2020

“This sector is beginning to make waves in the U.K. but needs to be nurtured from alternative investment to major league player,” Heaton said.
March 25th, 2014 - 03:47 GMT

Feigning devotion: UK focuses efforts on halal investing

In a statement to The Jordan Times on Monday, the bank said the employees, who resigned in October 2013, have withdrawn the money from other banks' ATMs.
March 25th, 2014 - 02:38 GMT

Jordan's Bank al Etihad reveals JD207,000 embezzlement case by former employees

The Middle East is a big market for technology and the growth of mobile in the region poses huge potential for us,” she said.
March 25th, 2014 - 02:34 GMT

Yahoo Maktoob 'reinvents itself', adopts FIFA theme for Middle East audience

Al Bawaba
March 24th, 2014 - 02:00 GMT

New Audi A8 L rolls in with style to Bahrain market

Saudi Arabia's IT market is the largest in the GCC (File Archive/Shutterstock)
March 24th, 2014 - 01:00 GMT

Thank to IT, this MENA country is projected to be the most competitive economy by 2020

There will be four cruise companies operating in Dubai next season (File Archive)
March 24th, 2014 - 11:00 GMT

Dubai is diving in to new cruise deals, expects to attract one million cruise tourists by 2020

The park will rely entirely on solar energy without using the public electricity connection to operate its lights and integrated irrigation network
March 24th, 2014 - 08:55 GMT

Dubai to have its first solar-powered park soon

Al Bawaba
March 24th, 2014 - 08:55 GMT

Modest, but at least positive: Egypt's growth rate reaches 1.4%

Many people are coming from Dubai and buying in Muscat
March 24th, 2014 - 07:55 GMT

Oman's $600m real estate dreams come true

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