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Massive Gains for Iran from India as tension rases
April 4th, 2026 - 08:35 GMT
Osama Ali

Osama Ali

Massive Gains for Iran from India as tension rases

ALBAWABA - As the continuous turmoil in the Middle East interrupts energy supply channels and puts pressure on international markets, India has started importing Iranian crude oil for the first time since 2019. India's Ministry of Petroleum claims that in order to counteract interruptions caused by instability in the Strait of Hormuz, Indian refineries have obtained crude supplies from a variety of sources, including Iran. The action follows years of ...
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Lakkotrypis said the best way for Cyprus to export to Egypt was directly via a pipeline.
November 27th, 2014 - 04:55 GMT

In addition to Israeli gas? Egypt has its eyes set on Cypriot gas

An official said on Wednesday that the bank is expecting to attract an initial Rs1 billion ($16.4 million) to the fund.
November 27th, 2014 - 04:55 GMT

India’s largest state-owned bank to launch Islamic fund

Venezuela, a noted price hawk, would try for an output agreement within OPEC on Thursday instead.
November 26th, 2014 - 07:28 GMT

The pretext to a vicious supply game? OPEC's major oil powers fail to reach 'impromptu' agreement on output

Al Bawaba
November 26th, 2014 - 07:15 GMT

No throwing up (hopefully)! World's largest roller coaster restaurant opens in Abu Dhabi


Key will be what the club's biggest producer and exporter Saudi Arabia decides.
November 26th, 2014 - 12:09 GMT

Oil sinks below $80 as signs of output cut fade

The firm will be charged with "corruption of foreign public officials",  in a case that dates back some 20 years.
November 26th, 2014 - 11:33 GMT

Totally messed up: Total to finally face charges over bribing Iranian officials

Al Bawaba
November 26th, 2014 - 11:26 GMT

Reeking in exceptional profits: Emaar cash dividends reach $4.66 billion

Al Bawaba
November 26th, 2014 - 09:07 GMT

Counting those calories! Dubai-based food chain Kcal to expand in Egypt

Al Bawaba
November 26th, 2014 - 08:48 GMT

Clean figures: UAE kitchen and bathroom imports to hit $30 billion

Ninety international rights and labour groups called in a joint statement Sunday for urgent action to protect migrant workers.
November 25th, 2014 - 09:44 GMT

They can finally get a day off! Gulf states agree on new contract for domestic workers

Saudi Arabia is one of the foremost investors in Egypt, with investments exceeding $26bn.
November 25th, 2014 - 04:55 GMT

Saudi investors in Egypt disgruntled with 'legal chaos'

Al Bawaba
November 25th, 2014 - 01:46 GMT

Less rooms, more PDA? Dubai faces major hotel challenge

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