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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 biggest problems the region faces is lack of infrastructure. "We have a plan to build a free zone in Turkey's southern province Kilis," Mustafa said. (Shutterstock)
November 22nd, 2018 - 05:53 GMT

Turkish-Liberated Syrian Region Boats 4,000 Functioning Firms

This came in the OIC's report to be presented to the 34th session of the Organization's Standing Committee for Economic and Commercial Cooperation (COMCEC) due to be held in Istanbul during the period 26-29 November 2018. (Shutterstock)
November 22nd, 2018 - 05:48 GMT

Report: OIC Country Members Exchange $ 481 Billion Worth of Intra-Trade

Recalling a visit to Sudan in 2017 by Turkish President Recep Tayyip Erdogan, he said that President Erdogan gave him clear instructions to help resolve Sudan's problems. (Shutterstock)
November 22nd, 2018 - 05:43 GMT

Sudan, Turkey to Establish $ 10 Billion Trade Ties

A malnourished Yemeni boy sits on a wooden bench on 26 September 2016. (AFP)
November 22nd, 2018 - 05:38 GMT

UAE, Saudi, Launch New $ 500 Million Humanitarian Aid Bridge to Yemen

The minister warned the UAE that "the handling of this case... will have repercussions for the relationship between our two countries, which has to be built on trust. (AFP)
November 22nd, 2018 - 05:34 GMT

Would the UK Consider Sanctions on UAE for British Student's Life Sentence?

VAT was introduced at a standard rate of 5 per cent.  (Shutterstock)
November 22nd, 2018 - 05:28 GMT

Saudi Calls on Businesses for VAT Registration Before Dec 20

The company raised $30 million through the sale of Islamic bonds in May. (Shutterstock)
November 22nd, 2018 - 05:25 GMT

UAE's Virgin Mobile MEA Considering IPO

“New initiatives in reference to SPV are being developed and our expert talks with them are continuing,” Araghchi added. (Shutterstock)
November 22nd, 2018 - 05:19 GMT

Iran Announces SPV Talks With Europe Are Progressing

The statement comes at a very sensitive time when the global spotlight is focused on Mohammed bin Salman, the crown prince of Saudi Arabia and the country’s de facto ruler, and on his potential role in the killing of the Saudi journalist Jamal Khashoggi in Istanbul on Oct. 2. (Shutterstock)
November 22nd, 2018 - 05:15 GMT

US, Saudi Relations Must Remain Intact to Keep Oil Prices Low, According to Trump

The study revealed that 35 per cent of the total investment in Fintech startups in Mena over the past 10 years were made in 2017; or Dh193 million out of the Dh550 million invested between 2008 and 2018 were completed last year. (Shutterstock)
November 21st, 2018 - 05:59 GMT

Funding for Fintech Startups in MENA to Jump to Dh 7.3 Billion in Next Decade

The deal with the CPF comes in light of the foundation’s targeting of thousands of young people across the Kingdom and its keenness on developing the youth’s capabilities to better serve their communities, the statement said. (Shutterstock)
November 21st, 2018 - 05:55 GMT

Jordan, UAE Sign $100 Million Fund to Support Entrepreneurs in Jordan

Global smart city spending is set to accelerate from $81 billion in 2018 to $158 billion by 2022, Dr Abdallah said, citing data from International Data Corporation. (Shutterstock)
November 21st, 2018 - 05:47 GMT

MEA Smart Cities to Spend $2.7 Billion on Technology

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