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Saudi Arabia restores full oil capacity after drone strikes
April 12th, 2026 - 08:27 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Saudi Arabia restores full oil capacity after drone strikes

ALBAWABA- Saudi Arabia has fully restored its oil production and export capacity following last week’s drone attacks on key energy infrastructure, with officials describing the recovery as completed in “record time.” In a joint statement, the Ministry of Energy and Saudi Aramco outlined a rapid operational rebound across critical facilities. Pumping capacity on the East-West Pipeline has returned to approximately 7 million barrels per day, offsetting a prior loss of ...
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SAR will operate six railway cars, but will begin with two in the first stage to transport a maximum of 444 passengers in one journey. (File photo)
February 28th, 2017 - 12:00 GMT

Saudi Railway opens 1,250km Riyadh-Qassim line

In a recent editorial, Al Habtoor said Trump’s policies ignite fear and loathing.  (YouTube)
February 28th, 2017 - 11:00 GMT

Khalaf Al Habtoor weighs in on Trump's war on the media

More people are beginning to perceive boating, and more particularly, yachting, as a destination in itself, rather than as a means to an end.  (AFP/File)
February 28th, 2017 - 10:00 GMT

New UAE waterfront developments fuelling revival of yacht market

The Emirati Safwan Petroleum Technologies company allocated $2m initial investments for the Egyptian market. (Shutterstock/Wan Fahmy Redzuan)
February 28th, 2017 - 09:00 GMT

Arab investors target opportunities in Egypt's energy, industrial sectors

The World Government Summit 2017 was organised in cooperation with the Prime Minister’s Office and the International Monetary Fund.  (AFP/File)
February 28th, 2017 - 08:00 GMT

IMF pushes fiscal consolidation, structural reforms for GCC growth

Khalil did not reveal the size of the eurobonds which will be launched in 2017 or the yields on these bonds. (Shutterstock)
February 28th, 2017 - 07:00 GMT

Lebanon prepares to issue new eurobonds in 2017


The announcement was made on the second day of a four-day state visit to Malaysia by Saudi Arabia's King Salman. (AFP/Manan Vatsyayana)
February 28th, 2017 - 06:00 GMT

Saudi Arabia to invest $7B in Malaysian oil refinery

The arrangement with Uber will provide easy financing for drivers with a “reasonable” interest rate which would be commensurate with the driver’s monthly income. (File photo)
February 28th, 2017 - 05:13 GMT

Uber Egypt to help their drivers purchase new cars

Saudi Arabia’s Vision 2030 emphasizes the importance of nurturing female talent, and acknowledges women’s significant contribution to the development of Saudi society and economy. (File photo)
February 27th, 2017 - 12:00 GMT

The Pearl Initiative and PepsiCo join forces to address workplace diversity in Saudi Arabia

In 2016, Alabbar went from UAE real estate heavyweight at the head of Emaar and Eagle Hills to a big name in food and e-commerce after several acquisitions.  (AFP/File)
February 27th, 2017 - 11:00 GMT

The top five most powerful Emiratis in 2017

The switch to more renewable forms of energy will also result in the reduction of up to one gigaton of carbon emissions by 2030, and the creation of countless jobs across the region. (Shutterstock)
February 27th, 2017 - 10:00 GMT

Shift towards clean energy can save GCC $87B: Study

The integration aims to enhance the competitiveness, financial performance, and resilience of both companies. (Qatarmaster.com.qa)
February 27th, 2017 - 09:00 GMT

Qatar Vinyl integrated with QP to form Qatar Petrochemical Company

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