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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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UAE nationals topped the list with Dh12.5 billion ($3.5 billion), .
August 13th, 2014 - 07:06 GMT

Too many eggs in the same basket? GCC investors spent $5 billion in 2014 alone on Dubai's real estate

Al Bawaba
August 13th, 2014 - 11:10 GMT

Documenting financial (mis)behaviour: Al Etihad Credit Bureau to begin issuing consumer credit reports


UAE was ranked the top country in the Middle East based on passengers carried.
August 13th, 2014 - 10:52 GMT

The link between East and West? Middle East airlines carried 158 million passengers in 2013

The 18 and 29 year-old age group, represents 23.7% (approximately 20 million) of the total population, of which 51.1% are men and the remaining 48.9% are women.
August 12th, 2014 - 10:21 GMT

Understanding the 'Arab Spring', years later: over 50% of Egypt's youth are poor

Al Bawaba
August 12th, 2014 - 03:08 GMT

Time for the trend to be reversed? Dubai experiences lowest hotel occupancy rate in 18 years

Advanced economies, represented by the US, Europe and Japan, have imported goods at the fastest rate in more than two years in the last three months.
August 12th, 2014 - 02:29 GMT

GCC energy sectors to vicariously profit from China, India's increased industrial activity

Jordan's credit challenges lie mostly in its fiscal and external accounts.
August 12th, 2014 - 02:21 GMT

Despite all stability, Moody maintains B1 credit rating for Jordan


Carrefour had the most significant climb up the Top 10 over the first six months of the year, jumping up five places from ninth to fourth.
August 12th, 2014 - 12:44 GMT

Samsung snatches Google's reign in the UAE

To counter supply outages in Iraq and among other OPEC producers, Saudi Arabia has maintained a high level of oil output
August 12th, 2014 - 03:55 GMT

Profiteering off regional tensions? Saudi Arabia to pump more oil in 2014

Al Bawaba
August 11th, 2014 - 11:13 GMT

Robin Hood style? Long Live Egypt Fund to accept donations from Mubarak-era convicted businessmen

“The market has become more complacent about supply again. But complacency is dangerous. Given the geopolitical tensions, a spike in oil prices cannot and should not be ruled out.”
August 11th, 2014 - 10:35 GMT

Let's wait and see: oil prices 'complacent' with US military strike on Iraq

VPS aims to have an extensive network of Health Promotion Centres across the UAE and other countries within five years, it said in a statement.
August 11th, 2014 - 10:10 GMT

For once, the UAE's malls transcend consumerist goals: cancer research centres coming to Dubai, Abu Dhabi

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