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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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"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'

Migrants setting off from Turkey also commonly travel by sea to the Greek Aegean Islands, a route much shorter than the treacherous route from Libya to Italy but still fraught with dangers.
September 9th, 2014 - 05:00 GMT

With 'boat season' coming to an end, Turkish coast guard see sharp rise in attempted migrant crossings

In an interview with Reuters, Global’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.
September 9th, 2014 - 04:50 GMT

Celebrating a new beginning: Kuwait's Global Investment House to be relisted as debt-free

Al Tayer praised the strategic partners whose efforts were integral part of the success of the RTA in the successful operation of the Dubai Metro.
September 9th, 2014 - 03:55 GMT

Dubai's metro: Half a billion on board and counting

Al Bawaba
September 9th, 2014 - 03:55 GMT

From Bollywood to Legoland: Dubai parks and resorts to open in 2016

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