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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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The European Development Partners include the European Union (EU), KfW for German Development Cooperation, the European Investment Bank (EIB) and Agence Française de Développement (AFD).
November 27th, 2016 - 10:30 GMT

Egypt secures $296M EU funding for Gulf of Suez windfarm

 Amazon.com founder and CEO Jeff Bezos.  (AFP/File)
November 27th, 2016 - 09:29 GMT

Retail giant Amazon mulls acquisition of Souq.com

The public sector’s impact on competitiveness was one of these main causes for low productivity, the report said, urging measures to reform public service and ensure equal opportunity in appointments.  (File photo)
November 27th, 2016 - 08:46 GMT

Jordan's enormous public sector hinders competitiveness: ESC

Business leaders and investors said that one of the main duties of the new government is to pass the budget as soon as possible to send a positive signal to the market. (File photo)
November 27th, 2016 - 07:30 GMT

Lebanon: Government spending increases nearly ten percent

For customers based in the Middle East and North Africa (Mena), jewellery and watches, as well as contemporary and Islamic art from regional artists are the biggest draws. (Sotheby's)
November 27th, 2016 - 07:00 GMT

Sotheby's to open Dubai office as MENA falls for the lure of the auction

OPEC is trying to cement a preliminary September agreement that would reduce its production to between 32.5 million and 33 million barrels per day. (File photo)
November 27th, 2016 - 06:00 GMT

Vienna oil meet scrapped following Saudi Arabia withdrawal

HE Dr. Yousef bin Ahmad Al-Othaimeen, Secretary General of the OIC delivering his opening speech at the 32nd Session of COMCEC.
November 27th, 2016 - 05:19 GMT

Urgent implementation of structural reforms will boost economy in OIC: COMCEC

Medical treatment for employees injured during official visits and training abroad is also covered. (Shutterstock)
November 24th, 2016 - 01:00 GMT

Dubai introduces workplace safety ruling for government employees

Both Morocco and Tunisia saw a slight increase in visitor numbers in the first nine months of 2016. (AFP/File)
November 24th, 2016 - 12:00 GMT

Tourism to the Middle East has fallen by 6.4 percent: World Tourism Organisation

Oil prices posted wide swings in trading Tuesday as investors tried to guess what would happen next as OPEC members started preparations for meetings next week on a production proposal. (Shutterstock)
November 24th, 2016 - 11:00 GMT

Uncertainty over OPEC maneuvering sends oil prices lower

EDL counts heavily on contract workers to carry out maintenance work and collect electricity bills. (EDL)
November 24th, 2016 - 10:00 GMT

Lebanon's electricity contract workers in protest for permanent staff status

Blackstone Science Square, is a 99 percent leased 76,038 square foot office/lab property in Cambridge, Massachusetts. (BldUp)
November 24th, 2016 - 09:00 GMT

Investcorp moves into Boston, Denver real estate with $250M in acquisitions

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