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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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OPEC said the global economic growth outlook for 2019 is slightly lower than for 2018, and could potentially have ramifications for global oil demand next year. (Shutterstock)
December 9th, 2018 - 03:19 GMT

OPEC, Non-OPEC to Slash Oil Output by 1.2 Million Barrels

The project plans to expand the output of the Bled El-Hadba phosphate mine in the eastern region of Tebessa from 1 million tonnes annually to 10 million tonnes. (Shutterstock)
December 9th, 2018 - 03:14 GMT

Algeria Partners With China to Build $6 Billion Phosphate Plant

In 2018, Egyptian companies invested about $ 876 million in projects in COMESA states. (Shutterstock)
December 9th, 2018 - 03:10 GMT

Report: Egyptian Companies Ranked Most Active in the COMESA With $4.4 Billion Investments

One-year bills worth about $1.15 billion are due to mature on the same day. The average yield on those bills was 3.495 percent. (Shutterstock)
December 9th, 2018 - 03:05 GMT

Egypt Confirms $1 Billion One-Year Dollar T-Bills Auction on Monday

n the handicraft sector, losses are estimated at 3 million 650 thousand dinars, according to a report from the National Tourist Office presented at a meeting of the Regional Tourism Council at the headquarters of the governorate on Friday. (AFP)
December 9th, 2018 - 03:01 GMT

Nabeul Floods Cost Tunisia 13 Million Dinars

The third edition of the France-Arab Countries Forum aims to foster the economic relations between France and all Arab countries. (Shutterstock)
December 9th, 2018 - 02:55 GMT

Tunisia Stresses on Franco-Arab Co-Operation in Industrial Sector

The UAE, which is ranked 19th at the global level, also retains its second place globally on the economy index. (TA)
December 6th, 2018 - 11:13 GMT

UAE Leads Arab Nations in Global Knowledge Index

There are fears that VAT will have negative implications for businesses and individuals in Bahrain. (Shutterstock)
December 6th, 2018 - 11:02 GMT

Grasping the Essentials From VAT Implementation in Bahrain

Khashoggi, a Saudi journalist and columnist for The Washington Post, went missing after entering the consulate. (AFP)
December 6th, 2018 - 10:48 GMT

Sean Penn Begins Work on Khashoggi Murder Documentary

It is designed to form the cornerstone of the Duqm Special Economic Zone, Oman's next industrial center. (Shutterstock)
December 6th, 2018 - 10:41 GMT

Oman’s Duqm Refinery to Receive $ 4.6 Billion in Loan Agreements

Qatar has emerged as the best performing stock market this year with a rise of more than 24 percent till date. (AFP)
December 6th, 2018 - 10:33 GMT

Despite Blockade, Qatari Stocks to Attract $5 Billion in Foreign Funds

The two neighboring states hold longstanding economic ties, through joint industrial projects, and trades of goods. (Shutterstock)
December 6th, 2018 - 10:25 GMT

Iraq Eager to Strengthen Ties With Iran

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