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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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If Saudi Arabia does use its crude resources to hit back, it would be a break from its decades-old policy of putting petroleum above politics. (Shutterstock)
October 16th, 2018 - 07:33 GMT

Saudi Arabia Will Mix Oil With Politics If Threatened Over Khashoggi Case

Mubadala said it would consider reviving the IPO. (AFP)
October 16th, 2018 - 07:20 GMT

Abu Dhabi Cancels Cepsa's IPO as Investors Recoil

Masayoshi Son has already paid a price for his close ties to Saudi Arabia. It could soon go much higher. (AFP)
October 16th, 2018 - 07:12 GMT

How the Khashoggi Case Is Costing Softbank's Son 19 Percent of Stocks Losses

Prices jumped so fast that the $85 barrier was broken, with expectations that it would reach $90. (Shutterstock)
October 16th, 2018 - 06:37 GMT

Opinion: Oil Prices Will Continue to Rise, and Here's Why

Automobile spare parts market is one of the lucrative trade areas in the Kingdom. (Shutterstock)
October 16th, 2018 - 06:32 GMT

Automobile Sector Jobs Finds Favour With Young Saudis

The UAE has the youngest population in the GCC with 50 per cent under 20 years old. (Shutterstock)
October 16th, 2018 - 06:26 GMT

Jobs for Locals Top Priority on GCC Strategy

On Thursday, the port had decided to "suspend all operations" due to the development of the tropical storm. (AFP)
October 15th, 2018 - 08:54 GMT

Salalah Port Resumes Operations as Storm Luban Weakens

The Tadawul All-Shares Index (TASI) quickly lost more than 500 points on the first trading day of the week. (AFP)
October 15th, 2018 - 08:47 GMT

Saudi Stocks in the Red After Trump Warnings Over Khashoggi Case

Jordan’s efforts to enhance trade with Palestine faces obstacles by Israeli occupation authorities attempting to keep the Palestinian market under Israeli control. (Shutterstock)
October 15th, 2018 - 08:43 GMT

Israel Obstructs Efforts of Jordan, Palestine Trade

Egypt raised 2 billion euro in bonds in April. (Shutterstock)
October 15th, 2018 - 08:33 GMT

Egypt Looks to Asia as It Undergoes Debt Restructuring

UAE business tycoon Khalaf Ahmad Al-Habtoor has called for an Arab boycott of US companies. (File/photo)
October 15th, 2018 - 08:21 GMT

UAE Tycoon Khalaf Al-Habtoor Urges Boycott of US Firms Which Opted out of Saudi Investment Summit

Vision 2030 aims to reduce the country’s dependency on oil and focus on untapped renewable energy resources. (Shutterstock)
October 15th, 2018 - 08:15 GMT

Opinion: What Exactly Is Vision 2030 and What Does It Mean to Saudis?

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