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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
February 18th, 2014 - 07:55 GMT

Oman's natural gas consumption rises 3.2% in 2013

It is expected that the GCC Railway project will be completed by 2018.
February 18th, 2014 - 07:15 GMT

Price tag put on GCC's massive railway project

Pressure on French energy giant Total to pay more for liquefied natural gas that it ships from Yemen has intensified.
February 18th, 2014 - 03:55 GMT

Yemen's energy troubles weighing hard on French Total

Al Bawaba
February 18th, 2014 - 03:24 GMT

Middle East Airlines treatment of disabled woman sparks outrage, lawsuit

Morsi's legal monthly wage is LE44,516, which means that the remaining payments totaling nearly LE260,000 are tainted with violations, Geneina said.
February 18th, 2014 - 03:10 GMT

Egypt's top auditing authority, once accused of covering up for Mubarak, reveals Morsi's financial scandals

Oumran added that Egypt is not currently facing any hindrances in its plan to produce renewable energy through wind and solar energy.
February 17th, 2014 - 10:20 GMT

Hefty goals? Egypt can reach '80% renewable energy usage by 2025'

The builder of the world’s tallest tower posted a quarterly profit of AED 756m ($206m), compared with AED 512m in the corresponding period of 2012
February 17th, 2014 - 08:42 GMT

Going beyond expectations: Dubai's Emaar dazzles everyone with 48% profit jump

Al Bawaba
February 17th, 2014 - 01:00 GMT

This MENA country is ranked in top five most attractive education destinations in world

Al Bawaba
February 17th, 2014 - 11:00 GMT

Shocking? New report says percentage of Jordan female entrepreneurs exceeds int'l average

Lebanese banks make up the largest national grouping on the eastern Mediterranean island
February 17th, 2014 - 07:34 GMT

Misery loves company: Lebanon and Cyprus strengthen bank ties

“This would be a fair decision to protect homebuyers,” Awamleh continued, noting that there are 2,700 companies registered at JHDA
February 17th, 2014 - 03:43 GMT

Jordan's government considers banning non-Jordanian developers from real estate sector

The decision aims to achieve social and economic goals reflected in the provision of education fees that are acceptable to students and parents.
February 17th, 2014 - 03:37 GMT

Good news for parents: Dubai authorities pass desicion to cap school price increase

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