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BUSINESS

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Oil Gridlock: 26 tankers swarm Iran's Kharg island
May 22nd, 2026 - 11:46 GMT
Osama Ali

Osama Ali

Oil Gridlock: 26 tankers swarm Iran's Kharg island

ALBAWABA - A fresh review of satellite images has shown a record number of oil tankers circling Iran’s Kharg Island, underscoring mounting pressure on the country’s energy industry as curbs on its oil exports persist. Images dated May 21 show around 26 tankers clustered around the island’s loading terminals and nearby waterways, the most boats spotted there since the conflict began earlier this year. The photographs show that export activities ...
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New Boeing 777X Successfully Completes Maiden Flight
January 26th, 2020 - 08:48 GMT

New Boeing 777X Successfully Completes Maiden Flight

Al-Futtaim Toyota Reports Strong Year-End Results
January 26th, 2020 - 08:42 GMT

Al-Futtaim Toyota Reports Strong Year-End Results

Pentagon To Block Imposed Ban On Huawei Sales
January 26th, 2020 - 08:27 GMT

Pentagon To Block Imposed Ban On Huawei Sales

The Building Materials Sector Is One of the Main Pillars of the Construction Industry in the Region
January 26th, 2020 - 08:07 GMT

Riyadh Exhibitions Company to Host Saudi Build 2020 in October

Bezos Hack Story Scrutinized With The Emergence Of New Evidence
January 26th, 2020 - 07:55 GMT

Bezos Hack Story Scrutinized With The Emergence Of New Evidence

Bank Nizwa Registers Omr 10.2 Million in Net Profit and Reaches Over Omr1 Billion in Total Assets in 2019
January 26th, 2020 - 07:45 GMT

Bank Nizwa Registers Omr10.2 Million in Net Profit and Reaches Over Omr1 Billion in Total Assets in 2019

Evolution of Emaar Hospitality Group’s new strategy encapsulates; asset light, international expansion and announcement of beach resorts
January 26th, 2020 - 07:35 GMT

Emaar Celebrates a New Iconic Addition to the Dubai Skyline With Address Sky View Official Opening

Lebanon: 7 Percent Deficit of GDP Projected in 2020 Budget
January 26th, 2020 - 07:23 GMT

Lebanon: 7 Percent Deficit of GDP Projected in 2020 Budget

Agility, UNHCR Partner to Strengthen Refugee Service in Malaysia
January 26th, 2020 - 07:23 GMT

Agility, UNHCR Partner to Strengthen Refugee Service in Malaysia

UAE: Chinese Vendors Are Fully Prepared To Meet Demand, Setting Off Worries
January 26th, 2020 - 06:55 GMT

UAE: Chinese Vendors Are Fully Prepared To Meet Demand, Setting Off Worries

Saudi Arabia: 350,000 Visas Issued In Q4 2019
January 26th, 2020 - 06:29 GMT

Saudi Arabia: 350,000 Visas Issued In Q4 2019

Dean of Talal Abu-Ghazaleh University College for Innovation Appointed Ambassador of Oxford Business School
January 26th, 2020 - 06:23 GMT

Dean of Talal Abu-Ghazaleh University College for Innovation Appointed Ambassador of Oxford Business School

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