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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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The  Bank of Israel fears that the slowdown will worsen in the coming months, and it prefers to act now.
February 26th, 2014 - 03:55 GMT

In ominous move, Bank of Israel shows that it's expecting the worst for the economy

Al Bawaba
February 25th, 2014 - 05:47 GMT

Why KSA is investing in this tiny country

Al Bawaba
February 25th, 2014 - 04:51 GMT

Natural gas deposits may be on this unexpected MENA shore...

Al Bawaba
February 25th, 2014 - 04:00 GMT

The 500 Club: Subway reaches market milestone in the Middle East

Bilateral trade between Iran and China amounted to $36 billion in 2012.
February 25th, 2014 - 03:00 GMT

It seems that the US is the only one missing out! Iran, China finalize roadmap to double bilateral trade

Al Bawaba
February 25th, 2014 - 02:38 GMT

Dubai steps up its green campaign with construction of "eco-friendly communities"

Pakistani companies should open retail shops in the country to capture more market share
February 25th, 2014 - 10:17 GMT

Pakistan satisfies the UAE's appetite with $1.2 billion worth of food exports

Moroccan trade has been traditional dominated with countries in Europe, despite the economic crisis that has continued to unfold over the last six years
February 25th, 2014 - 09:59 GMT

Morocco looks to the Gulf as it steps away from Europe

Turkey will also import at least 5 million tons (100,000 barrels per day) of Iranian crude in 2014, the same amount that it purchased last year,
February 25th, 2014 - 03:55 GMT

Business and friends don't mix: Iran refuses to lower gas price for Turkey, despite complain

He added that sales in the region are growing by 15 per cent year on year.xx
February 25th, 2014 - 03:55 GMT

Kit Kat invasion? Nestle Middle East aims to triple sales by 2020

Al Bawaba
February 25th, 2014 - 01:05 GMT

Exactly what Egyptians need: Saudi's Aujan Coca-cola compnay to build $100m soft drink factory in Egypt

Five years ago we had no users, no product,” said Koum.
February 25th, 2014 - 12:38 GMT

Is Mark already going at it? Whatsapp to launch free voice calls

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