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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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Guy Hutchinson Promoted to President & CEO as Rotana Continues to Push for Further Business Growth
January 12th, 2020 - 07:52 GMT

Guy Hutchinson Promoted to President & CEO as Rotana Continues to Push for Further Business Growth

Samsung Calls the New Galaxy Fold the "Galaxy Bloom"
January 12th, 2020 - 07:41 GMT

Samsung Calls the New Galaxy Fold the "Galaxy Bloom"

FAB Signs Escrow Agreement With DLD for Holding Accounts for Jointly Owned Property (Jop) Owners
January 12th, 2020 - 07:14 GMT

FAB Signs Escrow Agreement With DLD for Holding Accounts for Jointly Owned Property Owners

Egypt Seeks Ways to Boost Joint Public, Private Efforts in Development Projects
January 12th, 2020 - 06:53 GMT

Egypt Seeks Ways to Boost Joint Public, Private Efforts in Development Projects

Airbus Delivers 863 Commercial Jets to 99 Customers in 2019
January 12th, 2020 - 06:43 GMT

Airbus Delivers 863 Commercial Jets to 99 Customers in 2019

Samsung Electronics Declares “Age of Experience” at CES 2020
January 12th, 2020 - 06:42 GMT

Samsung Electronics Declares “Age of Experience” at CES 2020

UAE Issues Law to Enhance, Protect DIFC Property Sector
January 12th, 2020 - 06:32 GMT

UAE Issues Law to Enhance, Protect DIFC Property Sector

‘Abu-Ghazaleh for Technologies’ Participates in the Middle East University Alumni Carnival
January 12th, 2020 - 06:23 GMT

‘Abu-Ghazaleh for Technologies’ Participates in the Middle East University Alumni Carnival

2019: A Year of Achievements and Performance Excellence for Abu Dhabi Ports
January 12th, 2020 - 06:05 GMT

2019: A Year of Achievements and Performance Excellence for Abu Dhabi Ports

GFH Properties Begins Handover of 150 Residences at Villamar
January 12th, 2020 - 05:57 GMT

GFH Properties Begins Handover of 150 Residences at Villamar

Economy flights to Amman start from AED 1,503; Business fares from AED 5,479
January 12th, 2020 - 05:47 GMT

Etihad Airways Launches Global Sale Offering Incredible Fares to Leading Destinations

DMCC Briefs UAE Minister of Economy on Its Future Plans and Latest Updates in the Precious Metals Trade in Dubai
January 12th, 2020 - 05:37 GMT

DMCC Briefs UAE Minister of Economy on Its Future Plans and Latest Updates in the Precious Metals Trade in Dubai

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