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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 sanctions regime is complicated by Pompeo’s suggestion that oil customers should pay through accounts earmarked for humanitarian items. (Shutterstock)
November 12th, 2018 - 07:59 GMT

What Have the US Sanctions on Iran Accomplished so Far?

Since the boycott started Saudi social media users have forwarded images showing them deleting the Amazon application from smartphones or cancelling online accounts. (Shutterstock)
November 12th, 2018 - 07:42 GMT

Why Are Saudis Boycotting Amazon?

The airport official said “some” of the oil providers were informed by internal company decisions, but Fenianos confirmed that none of the providers would be allowed to refuel the sanctioned carriers. (Shutterstock)
November 11th, 2018 - 05:01 GMT

Iranian Airlines Cannot Refuel in Beirut's Airport Due to Sanctions

Strong capital levels provide a large, loss-absorbing buffer for the UAE's banks. Moody's expects strengthening profitability to support capital levels, with sector-wide tangible common equity (TCE) at 14%-15% of risk-weighted assets over the next 12 to 18 months. (Shutterstock)
November 11th, 2018 - 04:48 GMT

Report: UAE Banking System Stable for Now


Economist Abdulaziz Sharoofna said that Saudization of such occupations is a necessary step to create more job opportunities for Saudi young men and women. (Shutterstock)
November 11th, 2018 - 04:42 GMT

Shops Close, Others Comply as Saudi Implements Saudization for These 12 Sectors

Iran underlines that the IAEA is the sole competent authority responsible for the verification of the fulfillment of safeguards obligations. (Shutterstock)
November 11th, 2018 - 04:35 GMT

Iran Fights for Right to Develop National Nuclear Fuel Cycle

This is a bid for the UAE to achieve regional and global leadership in attracting innovation and advanced technology applications such as self-driving vehicles and AI in health. (Shutterstock)
November 11th, 2018 - 04:29 GMT

UAE Issues New Law for Future Technologies Applications

The decision was made after "a broad assessment of recent developments in Saudi Arabia and the unclear situation in Yemen", according to a statement by the foreign ministry. (Shutterstock)
November 11th, 2018 - 04:19 GMT

Norway Joins Germany in Arms Export Boycott Against Saudi Arabia

It is great for oil countries to fix goals and targets, and show the world its commitment to stabilize energy price. (Shutterstock)
November 11th, 2018 - 04:07 GMT

Opinion: Are Arab Oil Producers' Claims of Ability to Increase Production Empty Promises?

Those arrested included 13 Saudis, 16 Yemenis, 13 Ethiopians, one Afghan and one Somali, after they were monitored crossing the Kingdom’s southern border, including the areas of Jazan, Najran and Asir. (SPA)
November 11th, 2018 - 04:01 GMT

Saudi Succeeds in Stopping More Than Half a Ton of Hashish to Enter the Country in Past Month

The new customs gate was named after Turkey's Operation Olive Branch, which was launched on Jan. 20 to free Afrin of YPG/PKK and Daesh terrorists. (Shutterstock)
November 11th, 2018 - 03:56 GMT

Turkey, Syria Trade Resumes With New Customs Gate Opening

"New economic sanctions on Iran do not target Iran's population. They target the Iranian regime's behavior," (Shutterstock)
November 11th, 2018 - 03:50 GMT

Iraq Gets 45-Day Sanctions Waiver Period for Iranian Gas and Electricity Imports, But There Is a Catch

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