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Shipping & Logistics
April 24th, 2026 - 01:19 GMT
Osama Ali

Osama Ali

Giant oil tankers power economies while carrying Billion-Dollar spill risks

ALBAWABA - Massive oil tankers continue to be an essential part of the world's energy supply chain, carrying millions of barrels of crude oil across oceans and guaranteeing the survival of economies and businesses all over the world. But despite their strategic significance, these ships also pose serious operational and environmental dangers, especially in the case of mishaps or deliberate interruptions. In order to reduce the possibility and damage of ...
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Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry. (AFP)
January 9th, 2019 - 08:15 GMT

UAE: OPEC Doesn't Control Oil Prices, the Market Does

Remittances of Egyptian expatriates in Jordan hit  $539,000 in December. (Shutterstock)
January 9th, 2019 - 08:04 GMT

Remittances of Egyptian Expats in Jordan Exceed $500,000

Many FSIs have started embracing cloud technology and artificial intelligence (AI) to improve their own agility. (Shutterstock)
January 8th, 2019 - 12:14 GMT

How AI Is Transforming the Financial Services Industry

Dubai’s futuristic vision is shared globally. (Shutterstock)
January 8th, 2019 - 12:01 GMT

Dubai Aims at Becoming the World's First Smart City

Based on the report, Iran ranks first in the Middle-East region in nanoscience and nanotechnology. (Shutterstock)
January 8th, 2019 - 11:50 GMT

Report: Iran Ranks First in Middle East in Nanotechnology

The airline said this decision has been taken after a careful review of customer feedback and operational considerations. (File/Photo)
January 8th, 2019 - 09:44 GMT

Emirates Cancels the Chauffeur Service for These Passengers

The Minister of Commerce announced 35,000 jobs for Saudis around the Kingdom. (Shutterstock)
January 8th, 2019 - 09:34 GMT

Saudization Continues, 35,000 Jobs Announced for Saudis Only

Analysts say that the coming weeks could witness heavy volatility due to concerns regarding US government shutdown, Brexit uncertainty and flat global economic growth. (Shutterstock)
January 8th, 2019 - 09:15 GMT

Uncertainty Dominates the Oil, Equity Market Despite the Positive Momentum

Market likely to hit the bottom in a few months and pick up before Expo 2020. (Shutterstock)
January 8th, 2019 - 09:06 GMT

Dubai Real Estate Prices to Drop Down by 10 Percent

The phased growth plan will triple the scale of the financial hub. (Shutterstock)
January 8th, 2019 - 09:02 GMT

DIFC 2.0: Major Contributor to Shaping the Future of the World's Economy

The country is unlikely to make its debt sustainable through fiscal adjustment because that would require a sharp decline in interest rates or substantial economic growth. (Shutterstock)
January 8th, 2019 - 08:51 GMT

Would Restructuring the Debt Help Lebanon Avoid a Financial Crisis?

Kim, who had served in the role since 2012, announced on Monday that he would leave his post well ahead of his term's expiration at the end of 2021, reports CNN. (Shutterstock)
January 8th, 2019 - 08:08 GMT

World Bank President Resigns to Join Private Firm

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