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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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Currently there are 350 taxi vans exclusively deployed in Dubai airports to serve arriving passengers around the clock
February 10th, 2014 - 08:09 GMT

Dubai Airport to operate only family-size taxis

Al Bawaba
February 10th, 2014 - 03:55 GMT

The benevolent destroyer: US to advise Iraq on oil infrastructure

Al Bawaba
February 10th, 2014 - 03:55 GMT

The benevolent destroyer: US to advice Iraq on rebuilding oil industry

Al Bawaba
February 10th, 2014 - 12:41 GMT

Iran to introduce 'new generation' of oil contracts

Al Bawaba
February 10th, 2014 - 12:23 GMT

A blessing in disguise? Jordan's ballooning fuel prices increase hybrid cars by sixfold!

Saudi Arabian Airlines signed an agreement with Boeing that will allow the two aviation companies to collaborate on defense and commercial air initiatives in the future (File Archive)
February 9th, 2014 - 01:00 GMT

No missed connection here: Saudia-Boeing sign partnership deal for defense, commercial aviation

Al Bawaba
February 9th, 2014 - 01:00 GMT

Money to be made on Saudi mortgages? How KSA's new law is planned to boost markets

UAE companies’ foray into international markets is in fact following international trends
February 9th, 2014 - 10:55 GMT

UAE companies looking to expand internationally

Saudi Arabia has invested more than $8 billion in Turkey's economy (File Archive)
February 9th, 2014 - 10:22 GMT

Despite Turkey's spiralling economy, KSA is still investing "big" in Ankara--$8 billion "big"!

2014 to be expected another positive year for real estate sector in the UAE, Dubai in particular
February 9th, 2014 - 09:41 GMT

Apparently it's not just about luxury residences, but office space demand in Dubai is also booming!

Bahrain and Jordan are the only two countries that have fully liberalised their telecom sectors according to World Bank standards (File Archive)
February 9th, 2014 - 09:40 GMT

Guess who! Only two MENA countries have answered the call to liberalise their telecom sectors

It said that last year, GDP in Palestine grew by 1.5 percent.
February 9th, 2014 - 03:55 GMT

Emotional blackmail? IMF says peace talks are crucial for Palestine's economy

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