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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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According to a letter of intent signed by the Israeli side, Jordan will buy 45bn cubic metres of natural gas over a period of 15 years.
September 4th, 2014 - 03:55 GMT

Business is business: Israel to officially become Jordan's biggest energy supplier

Saudi Arabia has approved a number of new airport development projects worth more than SR5 billion ($1.33 billion), according to reports.
September 4th, 2014 - 03:55 GMT

Catching up to the regional bonanza: Saudi Arabia to spend $1.5 billion on five new airport projects

Al Bawaba
September 3rd, 2014 - 07:26 GMT

A done deal: Iran, Oman finalize discussions on $60 billion gas arrangment

Fahmy declined to reveal the names of investors that are slated to settle their disputes with government bodies, saying that the settlements have not yet been approved by the cabinet.
September 3rd, 2014 - 06:39 GMT

Keen to move on? Egypt to settle 22 investment disputes

Al Bawaba
September 3rd, 2014 - 12:20 GMT

Middle East airlines record 9.2 per cent growth in passenger traffic for July

Al Bawaba
September 3rd, 2014 - 11:19 GMT

Time for some luxury: Crystal Lagoons Corp to launch $4 billion mega project in Saudi

Al Bawaba
September 3rd, 2014 - 10:52 GMT

Floating around the UAE! Dubai launches first ferry line

Al Bawaba
September 3rd, 2014 - 08:01 GMT

Top Dubai developer Majid Al Futtaim has big plans for Oman with a $70 million retail expansion project underway

Al Bawaba
September 3rd, 2014 - 07:37 GMT

Siemens hands over power plant in Abu Dhabi to begin commercial operations

More than 61,000 Turkish nationals have traveled to Mecca this year to perform the hajj, a ritual compulsory for all Muslims who are physically and financially able to make the journey.
September 3rd, 2014 - 03:55 GMT

No place for secularism here: Turkey to spend $1.1 billion on religious-based tourism in 2014

Lebanon's economy is expected to grow 1.5 to 2 per cent and inflation is not expected to exceed 4 per cent in the year 2014, despite the fall-out from the war in neighbouring Syria,
September 3rd, 2014 - 03:55 GMT

The worse is over? Lebanese economy expected to grow despite the ongoing Syrian crisis

Al Bawaba
September 2nd, 2014 - 11:29 GMT

Emirates airline adds two new European destinations to the list

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