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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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The projects aim to improve local government services and the quality of life of local residents. (Shutterstock)
December 6th, 2018 - 09:33 GMT

Abu Dhabi to Revitalise Al Dhafra Region With $1.1 Billion Infrastructure Development Projects

This fund will last for three years and benefit around 20,000 students. (Shutterstock)
December 6th, 2018 - 08:59 GMT

Al Ghurair Launches $27 Million Education Fund for Refugees

Saudi Arabia’s major cities and business hubs continue to suffer from a lack of the high-quality grade A stock most sought-after by private and public companies. (Shutterstock)
December 6th, 2018 - 07:25 GMT

Saudi Arabia’s Office Rents Still Dragging Behind

There has been some global resistance to cuts in OPEC oil production, with US President Donald Trump pushing Saudi Arabia to pump more oil to keep fuel prices low for Americans. (Shutterstock)
December 6th, 2018 - 03:58 GMT

Will OPEC+ Countries Cut Their Oil Output?

"Examining the reasons for Qatar’s exit from OPEC is a necessity,” Zanganeh said, adding that “OPEC has big problems from some oil producers which Qatar is not a part of.” (Shutterstock)
December 6th, 2018 - 03:46 GMT

Iran Wants to Dig Deeper Into Qatar's OPEC Exit

President Hassan Rouhani has reaffirmed that the United States will not be able to stop Iran’s oil sales. (AFP)
December 5th, 2018 - 11:29 GMT

Rohani Threatens to Stop All Oil Exports Through Arabian Gulf If US Targets Iran’s Crude Exports

Bitcoin surged to a record $19,511 in December 2017; now it’s nosedived around 82%. (Shutterstock)
December 5th, 2018 - 10:05 GMT

Is Bitcoin Facing a Boom-And-Bust Phenomenon?

The World Cup deals between Britain and Qatar are part of a rise in trade between the two countries which totalled £3.39bn in 2017, an increase of 70% over the last five years. (Shutterstock)
December 5th, 2018 - 09:54 GMT

UK Firms Bag £1.5 Billion Deals From Qatar for World Cup 2022

Iran's reliance on oil revenues in the next Iranian year's budget is no more than 25%. (Shutterstock)
December 5th, 2018 - 09:47 GMT

Can Iran Really Afford to Manage Country's Economy Without Reliance on Oil Exports?

H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah. (Pinterest)
December 5th, 2018 - 09:21 GMT

272 Commercial Establishment in RAK Exempted From 50 Percent Renewal Fees, Fines

The pavilion is themed as ‘The Crosspoint for the Future’. (MEConstruction)
December 5th, 2018 - 09:11 GMT

Japan Unveils Its Pavilion Design for Expo 2020 Dubai

Crude oil is not among the list of products facing import duties, but traders said the positive sentiment of the truce also moved crude markets. (Shutterstock)
December 5th, 2018 - 07:44 GMT

Saudi-Russian Agreement Lifts Oil Prices by 5 Percent

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