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BUSINESS

BUSINESS latest

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt
June 26th, 2026 - 04:15 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt

ALBAWABA- Major Gulf oil producers are rapidly ramping up crude exports as regional shipping routes recover, with Saudi Arabia restarting loadings at its critical Ras Tanura terminal after a nearly four-month suspension, while Kuwait and Qatar also boost output amid improving security conditions in the Strait of Hormuz. Saudi Aramco resumed crude shipments on Friday at Ras Tanura, one of the world’s largest oil export hubs on the Gulf coast ...
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The UAE, Saudi Arabia and Bahrain have raised their interest rates today. Kuwait's interest rate remains unchanged. (File photo)
December 14th, 2017 - 01:03 GMT

UAE, Saudi Arabia, Bahrain Follow US With Interest Rate Hike

King Salman on Thursday issued a decree allocating SR72 billion ($19.2 billion) of stimulus funds to support the private sector in 2018. (AFP/ File)
December 14th, 2017 - 11:12 GMT

Saudi Arabia Unveils $19 Billion 'Stimulus' for Private Sector

Farid Faraidooni, Deputy CEO at du
December 14th, 2017 - 10:06 GMT

du Participates in Energy Digitalisation Summit Middle East 2017

Visitors can enjoy the entertainment on December 15 and 16.
December 14th, 2017 - 09:57 GMT

Mall of the Emirates, City Centre Invite Families to Celebrate Bahrain National Day

Mohamed Talaat, Vice President, Saudi Arabia, Egypt, Libya and Levant at Dell EMC
December 14th, 2017 - 09:37 GMT

Dell EMC Enables Saudi Arabia to Accelerate Digitization as Envisaged in Vision 2030

Linda Celestino, Etihad Airways Vice President Guest Experience and Delivery, and Dr. Nadia Bastaki, Etihad Aviation Group Vice President Medical Services (centre), accept the recognition from the Department of Health
December 14th, 2017 - 09:28 GMT

Etihad Airways Recognised for Commitment to Travellers’ Health

Residents and visitors are invited to visit Dubai Safari free of cost for the first two weeks since the soft opening.
December 14th, 2017 - 09:22 GMT

Dubai Safari Soft Opening Draws 14,000 Visitors During the First Two Days

Talal Al Gaddah, CEO of MAG Lifestyle Development
December 14th, 2017 - 08:57 GMT

MAG Rebrands Its Property Development Division

The awards include "Achievement in Fixed-Mobile Convergence", "Best Smart Home Network" and "Best Consumer 1Gbps Service".
December 14th, 2017 - 08:51 GMT

Huawei Wins Three Awards at Broadband World Forum 2017

December 15 marks Royal Jordanian’s 54th anniversary. Happy Anniversary!
December 14th, 2017 - 08:20 GMT

Royal Jordanian Honors Employees on Its 54th Anniversary

"Given this year’s apparent increase in cyberattacks, we recommend businesses to stay alert during the Christmas season." - Alessio Aceti, Manager at Kaspersky Lab
December 14th, 2017 - 08:00 GMT

Kaspersky Lab Urges Retailers to 'Stay Alert During Christmas Season'

 LG OLED TVs have been dominating the TV rating slots, earning the title “the king of TV.”
December 14th, 2017 - 07:52 GMT

LG Bets High on Premium TV Market With Industry Leading OLED Technology

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