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Main headlines latest

Botox and fillers
March 12th, 2026 - 08:42 GMT
Sally Shakkour

Sally Shakkour

Botox, filler prices could double amid Strait of Hormuz closure

ALBAWABA - The closure of the Strait of Hormuz by the Iranian army has affected the prices of major commodities, including oil, which jumped to over $100 per barrel. However, the Strait's shutdown is expected to affect the beauty field as well. Because beauty also matters despite war, a cosmetic doctor in Jordan posted on social media saying that prices of Botox and fillers are expected to increase if the ...
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The expected VAT laws are not ‘business as usual’ and may require several months for companies to successfully integrate a VAT functionality into their systems. (Shutterstock)
December 13th, 2016 - 11:00 GMT

VAT in GCC to generate $25B a year: EY

Dubai announced a visa-on-arrival scheme for Chinese visitors in September to boost tourism and trade. (File photo)
December 13th, 2016 - 10:00 GMT

Dubai's visa strategy for Chinese visitors pays off

The new banknotes will be more secure to reduce forgeries. (File photo)
December 13th, 2016 - 09:00 GMT

Saudi Arabia's new currency is a tribute to King Salman

A framework deal signed last year called for up to $5 billion in total investments in offshore Egypt. (File photo)
December 13th, 2016 - 08:00 GMT

Eni sells 30 percent stake in Zohr gas field to Russia's Rosneft for $1.6B

Dubai is aiming for an environmentally-friendly energy mix, with 25 percent from solar energy, 7 percent each from nuclear power and clean coal, and 61 percent from gas by 2030. (WAM)
December 13th, 2016 - 07:02 GMT

ACWA-DEWA JV receives $2.47B financing for clean coal project

Expats will no longer need approval from their existing employer to change jobs if they complete the length of a fixed-term contract. (File photo)
December 13th, 2016 - 06:00 GMT

Qatar's new labor law abolishes controversial kafala system

A work plan for the first stage of development calls for about 1.2 billion cubic feet of natural gas per day through an investment of between $3.5 billion and $4 billion. (File photo)
December 13th, 2016 - 05:18 GMT

Israel's Leviathan gas deals estimated to reach $2B


The survey shows support for Small and Medium size Enterprises (SMEs) is important for economic diversification. (File photo)
December 12th, 2016 - 01:00 GMT

Tourism, trade, technology are key factors in MENA diversification: Survey

The majority of assembly members won their seats on November 25 by vowing to reject government austerity measures that impact Kuwaiti citizens. (AFP/Amr Ahmad)
December 12th, 2016 - 12:00 GMT

Kuwait: Infrastructure and austerity expected as part of new economic plan

 
Kurdistan Prime Minister Nechirvan Barzani called the deal as a significant step that will help improve the daily lives of the citizens of Erbil and Sulaimani. (File photo)
December 12th, 2016 - 11:00 GMT

UK's Biwater secures $1.2B water infrastructure contract in Kurdistan


The bulk of the cuts—300,000 barrels a day—have been pledged by Russia, which produces more crude oil than any other country. (Shutterstock)
December 12th, 2016 - 10:00 GMT

Oil prices surge after non-OPEC countries join production cut

The talent requirements for finance and tax professionals will exponentially increase as the VAT rollout approaches.  (Shutterstock)
December 12th, 2016 - 09:00 GMT

VAT implementation will generate thousands of finance jobs in the UAE

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