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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
October 2nd, 2014 - 12:46 GMT

Time is money: deal reached on Dubai World debt restructuring

Storing gas also gets momentum when other factors come to the fore: Economic support, safe margins in meeting country’s domestic gas needs, the half-depletion of oil reserves, etc.
October 2nd, 2014 - 03:55 GMT

Iran boasts the Middle East's top gas storage facility

Currently under way is the multibillion dollar expansion of the airport to increase the overall capacity to over 40 million passengers per year
October 1st, 2014 - 08:46 GMT

Best summer ever? Abu Dhabi passenger traffic rises close to 24%

Al Bawaba
October 1st, 2014 - 07:46 GMT

US embassy announces Diversity Visa Lottery

Al Bawaba
October 1st, 2014 - 11:52 GMT

Things are about to change, forever: US projected to overtake Saudi oil production

Al Bawaba
October 1st, 2014 - 03:55 GMT

No pun intended: Virgin comes to Saudi Arabia just in time for Hajj

On Sunday, Erdogan again slammed the credit agencies, saying they were making "foolish statements".
September 30th, 2014 - 09:44 GMT

Fitch urged to change its mind about Turkey

Strong economic data could prompt the US central bank to raise interest rates faster and sooner than expected, which could boost the dollar and hurt non-interest-bearing bullion.
September 30th, 2014 - 04:58 GMT

US Dollar hits four year peak, drags gold down

The vehicle models recalled include the Land Cruiser (79,972) followed by Camry (43,207), Lexus LX 570 (9,589), Avalon (7,382) and Sequoia (857).
September 30th, 2014 - 12:51 GMT

Over 141,000 Toyota and Lexus cars recalled over dangers of sudden acceleration

 Global supply of crude oil and liquid fuel reached all-time highs of 92.6 million barrels per day in August. Stable oil producers.
September 30th, 2014 - 10:46 GMT

Oil prices at 2 year low and likely to remain there

The project, which involves the extension of a 11-km road with five lanes on both sides, is expected to be completed by 2017,
September 30th, 2014 - 04:55 GMT

Massive plan: Qatar commences on $577 million road project

Al Bawaba
September 30th, 2014 - 03:55 GMT

Time to address the energy crisis: Egypt to invest $14.5bn in petrochemicals, refining

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