Thursday 24 April 2014
 
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Imports

Aramco to skip diesel term imports

State oil giant Saudi Aramco will skip diesel term imports on a delivered basis, removing a huge chunk of demand from the Asian and Middle East oil markets and potentially reducing refinery margins, industry sources said on Wednesday.

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US oil imports to halve by 2020

Rising oil and gas production and improving energy efficiency in the US could slash its oil imports in half by the end of 2020 from levels seen two years ago, the West's energy watchdog said on Wednesday. The Paris-based Inter

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Dubai gold trade hurt by new Indian tariffs

Indian measures to discourage gold imports is shutting the door on top exporter Dubai, where trade activity has fallen by as much as 60 percent over the past two months, dealers said.  

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India to resume gold imports

India will start buying gold again after a two-month gap as the government and banks have agreed how new rules on imports should work, easing prices in the world's biggest bullion buyer and helping supplies just as seasonal demand kicks in.

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Saudi’s food, agri products imports top $2.6bn

The value food and agricultural commodity imports into Saudi Arabia currently stands at around $2.62 billion per year, marking 15 per cent of the total imports at $17.5 billion, said the organisers of an upcoming agriculture expo in Riyadh.

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Libya imports fuel to keep the power on

Libya has begun importing diesel and fuel oil to keep power plants operating after protests closed most of the gas fields in its eastern region which usually supply them, an industry executive said on Monday. No end is in sight to

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Mideast imports from Brazil top $6.5bn in H1

The Middle East imported goods and foodstuff worth more than $6.56 billion during the first half of 2013, according to figures released by the Brazilian Ministry of Development, Industry and Foreign Trade. Saudi Arabia, the UAE, E

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Saudi car imports edge 1 million in 2012

Saudi Arabia imported 982,000 vehicles in 2012, as against 737,000 in the preceding year, marking an increase of 33 per cent, a report said. The value of vehicle imports in 2012 reached SR76.6 billion ($20.4 billion), reflecting a

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Bahrain to man customs exits 24 hours

All customs exits of Bahrain will work round the clock in the coming days to meet the high demand for imports and exports, said the Customs Affairs. It called upon those who handle customs clearance to process their paperwork at c

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Probe urged on tainted meat imports in Bahrain

Twenty-two meat products imported into Bahrain have been pulled off the shelves following the discovery of pork and horsemeat in them, prompting a call for legal action by consumer protection activists, a report said. A total of 1

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