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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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“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

 The slump represented a wipe-off in market value of about $255 billion for European stocks listed on the broad STOXX Europe 600 index
October 16th, 2014 - 11:41 GMT

The new recession? European stocks suffer biggest one-day slide since 2011

"Nevertheless, further oil price drops would likely be needed for supply to take a hit — or for demand growth to get a lift," the agency said in its October report.
October 16th, 2014 - 03:55 GMT

A free fall? IEA cuts oil demand outlook, says prices could fall further for THIRD time this month

Al Bawaba
October 15th, 2014 - 11:15 GMT

Damac joins forces with Paramount Hotels to expand luxury projects across MENA

Al Bawaba
October 15th, 2014 - 11:04 GMT

Leading UAE firm Amanat Holdings looking to invest in GCC projects

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