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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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Abu Dhabi is planning to award $50 billion worth of new projects in 2014 (File Archive)
February 4th, 2014 - 04:00 GMT

Abu Dhabi must have one nice Sugar Daddy with plan to spend $346 billion by 2020

Al Bawaba
February 4th, 2014 - 03:14 GMT

Private sector DISinterest in GCC rail goes public, but govts. still keen on 2018 deadline

Tawdheef features thousands of job opportunities across more than 100 government and private sector organisations
February 4th, 2014 - 09:55 GMT

6000 opportunities waiting for Emiratis to grab

The Saudi Arabian diesel generators market has witnessed a significant growth due to increase in construction and industrial activities
February 4th, 2014 - 09:49 GMT

Saudi demand for diesel generators rises amid growth

The funds raised will support the international promotion and marketing of the emirate
February 4th, 2014 - 08:11 GMT

Dubai to charge tourism fee from Mar 31

Economy Minister and Jewish Home leader Naftali Bennett said Israel would not "give its country up over economic threats".
February 4th, 2014 - 01:28 GMT

Talk about a twist of fate, Israeli ministers backlash at Kerry's threat of boycott

First opened in July 2014 with an investment of $1.8 million, the plant began exporting last November and has since sold 10,000 computer monitors in Slovakia and the Netherlands.
February 3rd, 2014 - 07:01 GMT

A brighter tomorrow: Egypt poised to become Samsung's regional hub

Annual trade between Iran and China may reach $38 billion by the end of the current Iranian calendar year
February 3rd, 2014 - 06:34 GMT

And another, even bigger win: Iran, China to draw "economic roadmap" for future cooperation

The Palm Jumeirah continued to be the most expensive area to rent a villa, the report found
February 3rd, 2014 - 04:47 GMT

Dubai's rents are up 50% and it's certainly about to get worse

Arabtec hopes that its hiring campaign can help mitigate growing youth unemployment in the region (File Archive)
February 3rd, 2014 - 11:08 GMT

Time for MENA youth to 'build' their CVs: Arabtec launching massive, region-wide hiring campaign

Following November's nuclear deal, the EU Council suspended part of its sanctions against Iran (File Archive/AFP)
February 3rd, 2014 - 11:00 GMT

All EU Eyes on Iran: Europe muscling for investments with Tehran

Al Bawaba
February 3rd, 2014 - 09:03 GMT

Doing better than Doha? Over 70% of new Muscat airport complete

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