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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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Brent crude dropped to a two-year low below $97 a barrel on Thursday, falling for a sixth straight session as worries over mounting supply and weak demand outweighed concerns that conflicts in the Middle East could curb oil production.
September 11th, 2014 - 01:47 GMT

A 'remarkable slowdown': oil hits two-year low as supplies flood in

Al Bawaba
September 11th, 2014 - 03:55 GMT

Dubai relaunches ambitious mega-project to attract 120 million passengers a year

"It's become obvious that workplace safety is a vital issue. A plan of action will be put together and unveiled," Arinc, who is also the government spokesman, told reporters.
September 11th, 2014 - 03:55 GMT

Elevator incident places turkey's worker safety, or lack thereof, under the spotlight again

“Saudi Arabia has already shown strong interest in strengthening its green building presence."
September 11th, 2014 - 03:55 GMT

Green flag, green economy: Saudi Arabian investments in green projects to exceed $26 billion

"Importing natural gas from Cyprus is very feasible for Jordan as Cyprus has a very good reserve of natural gas that can contribute to meeting Jordan's needs of gas," he added.
September 11th, 2014 - 12:01 GMT

Israeli gas not doing it? Jordan, Cyprus to agree on gas deals 'within weeks'

The report also expects no near-term International Monetary Fund (IMF) engagement with Egypt.
September 10th, 2014 - 03:31 GMT

Despite the IMF's lack of involvement: GCC aid will be 'enough' to keep Egypt afloat, says Merril Lynch

 A consortium of international fragrance retailers has launched the International Group of Luxury Fragrances in Saudi Arabia.
September 10th, 2014 - 03:20 GMT

What's the lovely smell? Consortium of luxury fragrances comes to Saudi Arabia

Since EBRD started its operations in the Kingdom in 2012, it has invested 203 million euros (around $262 million) in seven projects in Jordan covering various sectors, according to a statement released Tuesday.
September 10th, 2014 - 03:12 GMT

European bank 'committed' to Jordan's economic development

Al Bawaba
September 10th, 2014 - 02:39 GMT

Worried about a downslide? Saudi Arabia asks OPEC to cut oil output

Al Bawaba
September 10th, 2014 - 02:09 GMT

A mere coincidence? Former Apple CEO announces plan to break into the MENA market

The so-called offset programme was introduced in 1992 as a way of weaning Kuwait off its reliance on oil and gaining access to new technologies and training.
September 10th, 2014 - 03:55 GMT

Kuwait scarps 'offset program' to woe foreign investors

The iPhone 6 will feature a larger 4.7 inch retina HD screen, while a 5.5 inch model also will be offered.
September 9th, 2014 - 07:19 GMT

Today's the day: Apple unveils the iphone 6 and iphone plus as best phone ever made'

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