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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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Al Bawaba
December 1st, 2014 - 04:16 GMT

Totally worth it? Infligh Wi-Fi services costing Emirates $20 million a year

Saudi Arabia’s bourse, where petrochemicals account for almost a third of total earnings, took the biggest hit among major markets,
December 1st, 2014 - 03:59 GMT

Panic mode: Gulf stocks 'bleeding'

Al Bawaba
December 1st, 2014 - 03:20 GMT

What non-oil reliance? Dubai braces for fifth recession warning as oil prices clash

The suspension could have major implications for Saudi companies and the auditing market in the kingdom.
December 1st, 2014 - 11:52 GMT

Saudi Arabia suspends Deloitte's auditing work due to 'mystery' cases

Both U.S. crude and Brent have fallen for five straight months, oil’s longest losing streak since the 2008 financial crisis.
December 1st, 2014 - 11:43 GMT

How low/long can it go? Oil officially hits 5 year low in longest losing streak since 2008

“The market will dictate the right sustainable and stable price. ... We need to allow enough time for market stability,” he added.
December 1st, 2014 - 05:55 GMT

The tyranny of the minority? OPEC output decision 'not good for all', says Iran

Compensation for hundreds of displaced families will cost the government LE1 billion, said El-Sisi earlier this month.
November 30th, 2014 - 10:25 GMT

How about not flatenning neighborhoods first? Egypt plans to rebuild Rafah area

600 buses will be supplied by the United Arab Emirates to Egypt next February
November 30th, 2014 - 09:53 GMT

'Creative' aid? the UAE gifts Egypt 600 buses

Gulf markets felt the sting of an OPEC decision last Thursday to maintain export quotas
November 30th, 2014 - 09:29 GMT

Dependency's ugly side: Egypt's stocks falter as Gulf markets slide

The price of Brent crude has tumbled about 10 percent to $70.15 per barrel since regional equity markets last traded on Thursday.
November 30th, 2014 - 01:05 GMT

The domino effect? Panic selling in Gulf markets over plunging oil prices

The UK’s Sunday Times newspaper said that it has submitted previously unpublished material providing further details of the allegations to a House of Commons committee.
November 30th, 2014 - 12:59 GMT

It's never over: fresh World Cup allegations arise against Qatar, Russia

Oil analysts said the OPEC decision left the oil market vulnerable to much bigger falls as abundant supply of high quality,
November 30th, 2014 - 05:55 GMT

Oil prices take another nosedive after OPEC's dubious decision

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