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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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There are 15,090 active projects worth $795.4 billion in the UAE as of November end 2018. (Shutterstock)
December 20th, 2018 - 08:12 GMT

UAE Leads GCC Countries With Projects Worth $272.7 Billion Under Construction

The Repo Rate applicable to borrowing short-term liquidity from CBUAE against Certificates of Deposits has also been increased by 25 basis points. (Shutterstock)
December 20th, 2018 - 08:05 GMT

Interest Rates Soars in UAE Following US Federal Reserve Decision

The message directs receivers to a malicious website. (Pixabay)
December 20th, 2018 - 07:59 GMT

UAE Central Bank Warns Residents From Opening a WhatsApp Message

The government aims to boost spending by about 7 percent in 2019. (Shutterstock)
December 19th, 2018 - 10:36 GMT

Saudi Arabia to Boost Spending Despite Budget Deficit

He discovered that his registered SIM card number was replaced with another one. (Shutterstock)
December 19th, 2018 - 09:50 GMT

Expat Loses $1 Million From Bank Account in UAE

Some economists accuse mainstream political parties of contributing to the problem by hiring their supporters to government agencies in order to maintain political influence and improve their chances at election time.(Shutterstock)
December 19th, 2018 - 09:44 GMT

Lebanon Should Lay off Redundant Government Employees, Experts Say

When the report was first introduced in 2006, Jordan was 93rd globally. (Shutterstock)
December 19th, 2018 - 09:36 GMT

Jordan's Ranking Drops in the Global Gender Gap Index Report

By reducing operational costs, secure storage and speedy transactional processing; a greater uptake of this technology is assured. (Shutterstock)
December 19th, 2018 - 09:14 GMT

Opinion: How Could Energy Sectors Deploy Blockchain Effectively

Suspension of operations at the oilfield has reportedly reduced crude oil production by some 315,000 barrels per day. (Shutterstock)
December 19th, 2018 - 09:08 GMT

Libya's Halted Oil Field Costs the Economy $32.5 Million per Day

Israel can be of immense assistance to Muscat, especially in the agriculture and the high-tech sectors. (Shutterstock)
December 19th, 2018 - 09:03 GMT

Is Oman Eyeing Stronger Relations With Israel to Boost Its Non-Oil Economy?

UAE has made progress on the parameters of number of women finding roles as legislators, senior officials and managers, as well as in raising the healthy life expectancy of women vis-a-vis men. (Shutterstock)
December 19th, 2018 - 08:56 GMT

UAE Ahead of Other GCC Countries in Gender Equality

The destructive fallout from Arab Spring uprisings could serve as a deterrent to some. (Shutterstock)
December 19th, 2018 - 08:32 GMT

The Middle East Economy to Face More Struggles in 2019 as Wars Subside

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