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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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On receipt of the funds from refiners, the RBI would buy dollars from authorized dealers.
October 19th, 2014 - 12:01 GMT

India is about to pay Iran half a billion dollars, and that's the 'tip' of the oil deal

 “To return iPad to high growth, form factor innovation will be required. We’ll have to wait until 2015 to see if Apple addresses this issue.”
October 19th, 2014 - 11:49 GMT

A defining moment? Apple launches ipad Air 2, world's slimmest tablet

ICT experts downplayed the impact of Yahoo’s decision to close its office in Amman, but urged authorities to do more to make Jordan more attractive for international ICT companies.
October 19th, 2014 - 11:18 GMT

ICT experts downplay the impact of Yahoo office closure in Amman, says more attention is needed

Four banks were also listed as being owned or controlled by the Syrian government and sanctioned.
October 19th, 2014 - 11:08 GMT

Allegations denied: US blacklists Lebanese firm for shipping banknotes to Syrian central bank

“The main terminal is fairly lackluster. It isn’t overly clean, crowds can be a problem, and the services for travelers are in short supply."
October 19th, 2014 - 11:02 GMT

'The Guide to Sleeping in Airports': Jeddah airport second worst in the world

Kuwait has boasted a budget surplus in each of the past 15 fiscal years, helping to increase its sovereign wealth fund to more than $500 billion, according to unofficial estimates.
October 19th, 2014 - 03:55 GMT

There's no going back: Kuwait quietly triples diesel and kerosene prices

Citigroup announced that it intends to exit its consumer business in Egypt, along with its businesses in other 10 countries.
October 19th, 2014 - 03:55 GMT

Done and over with? Citigroup quits consumer banking in Egypt

Euro Disney has a debt of about 1.7 billion euros
October 17th, 2014 - 12:44 GMT

A soft spot for Disney princesses? Prince Al-Walid Bin Talal to help bailout Euro Disney

This is the fourth time (2008, 2009, 2010 and 2013), that Generation’s annual report has seen the airport operator nudge ahead to first place position.
October 17th, 2014 - 12:24 GMT

A grand accomplishment: Dubai Duty Free regains No.1 spot for the fourth time

Al Bawaba
October 17th, 2014 - 12:11 GMT

600 hotel rooms booked: Egypt chooses partners for economic summit conference

Al Bawaba
October 16th, 2014 - 11:52 GMT

Time to catch up to its neighbours: $145 billion worth of projects underway in Oman

The majority of these children were Egyptians, Syrians, Burmese and from the African continent.
October 16th, 2014 - 11:46 GMT

Stay-at-home kids? 30,000 expat children unable to enroll in Saudi schools

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