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JD Vance in Switzerland
June 21st, 2026 - 11:58 GMT
P. Choiaqo

P. Choiaqo

JD Vance says 16 million barrels of oil flowed through Hormuz in 24 hours

ALBAWABA - It seems that the MOU signed between the U.S. and Iran is slowly becoming reality as oil flows through Hormuz despite Iranian claims of the strait being shut down. On Wednesday, Iran and the U.S. signed a 14-point memorandum of understanding (MOU) with one of its points allowing the free flow of oil without restrictions and blockades from both sides. However, as Israel continues its attacks on Lebanon ...
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Middle Eastern equity and equity-related issuance totalled $11 billion in 2014, a 173 per cent increase from 2013.
January 26th, 2015 - 10:03 GMT

Time to reminisce? ME investment bankers toast to their best year of fees since 2008

Al Bawaba
January 26th, 2015 - 09:44 GMT

Gold rises to five year high on safe-haven demand


He said the government is revising its draft budget to assume a base price of $40, from $72 a barrel.
January 26th, 2015 - 04:55 GMT

Pride or lunacy? Iranian govt says it can run the country on below $40 oil

Over 1,000 Saudi businessmen and companies in various sectors are expected to attend the March Economic Summit.
January 26th, 2015 - 04:55 GMT

1000 Saudi businessmen, companies to participate in Egypt's Economic Summit

Iran produced 16.331 million tons of crude steel in 2014, a 5.9 percent rise from 15.422 million tons in 2013.
January 25th, 2015 - 01:20 GMT

Ready to give up oil dependency? Iran Middle's largest steel producer

Al Bawaba
January 25th, 2015 - 12:52 GMT

Wary of swift decisions? Germany abruptly halts arms exports to Saudi Arabia

Al Bawaba
January 25th, 2015 - 12:27 GMT

Amazon makes its first Israeli acquisition

Nakheel had piled up a mountain of debt during five years of rapid growth in Dubai's property sector.
January 25th, 2015 - 09:29 GMT

$1billion and counting: Dubai's Nakheel posts 43% profit surge

Air traffic in Dubai was halted for nearly an hour on Friday due to public misuse of recreational drones near the flight path.
January 25th, 2015 - 05:55 GMT

How is that 'recreational'? Air traffic in Dubai halted due to misuse of 'recreational' drones

Al Bawaba
January 25th, 2015 - 04:55 GMT

Good luck without them: Kuwait to launch largest 'expat crackdown' operation ever

Al Bawaba
January 24th, 2015 - 03:28 GMT

Oil markets not in mourning: prices edge up above $50 over Saudi King's death

Al Bawaba
January 24th, 2015 - 10:59 GMT

A pledge to maintain output: Saudi Arabia's new King Salman keeps oil minister, policy in place

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