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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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Similarly, the profits dropped by 56 per cent in Q3 compared to the previous quarter when profits stood at SR143.7 million ($38.2 million), it stated.
December 8th, 2014 - 03:01 GMT

All is pegged to oil? Saudi construction firms' profit plunges 39%

The resurgence in US hiring accelerated in November and put 2014 on track to be the healthiest year for job growth since 1999.
December 8th, 2014 - 02:33 GMT

An economic comeback? US experiences highest job prospects since 1999

Soaring energy use and inadequate gas supplies have spurred the UAE to look to nuclear power to diversify its energy sources beyond
December 8th, 2014 - 01:13 GMT

A $20 billion project: UAE first nuclear reactor to come into operation in 2017

Rouhani admitted the budget for the fiscal year starting in March 2015 "would be under pressure" given the big fall in oil prices in recent months
December 8th, 2014 - 12:40 GMT

Denial is unaffordable: Iran unveils revised budget based on lower oil prices

 "Israel is of course exceptional, because it had no severe economic crisis, because you listened to Stanley Fischer's advice," he said
December 8th, 2014 - 05:55 GMT

'Israel to overtake US in economic inequality,' says Obama Advisor.

Located in the incubator building at Masdar City, the centre is a reconfigurable, multi-purpose facility and will not be restricted to providing only security solutions.
December 8th, 2014 - 05:55 GMT

More like a weapons deal? US defense firm to open new 'innovation' centre in the UAE

Al Bawaba
December 7th, 2014 - 12:05 GMT

$750 billion worth of reserves not good enough? Saudi Arabia downgraded to 'stable' over oil crash

Al Bawaba
December 7th, 2014 - 05:55 GMT

The iron giant? UAE tops world in iron consumption

The Sheraton Hotel is one of the prominent landmarks in Qatar, which has hosted numerous Arab conferences and GCC summits.
December 7th, 2014 - 05:55 GMT

Qatar achieves largest and fastest restoration of a GCC summit hotel

Al Bawaba
December 7th, 2014 - 04:55 GMT

Optimistic and expecting? Iran to manufacture thearupeutic ultrasounds for the first time

The cash bid, pitched at 350 pence per share, compared with the previous 295-pence-per-share or £2.2-billion offer that was rejected last month.
December 7th, 2014 - 04:55 GMT

Owning less of London: Qatar's bid for Canary Wharf Island rejected

Oversupply could rise next year when Iraq starts to export more oil because of an agreement between Baghdad and the Kurdish regional government.
December 7th, 2014 - 04:55 GMT

Plunging once again: oil prices go below $70 thanks to Saudi move

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