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BUSINESS

BUSINESS latest

Oil flows shift as Trump raises Hormuz concerns
April 10th, 2026 - 12:05 GMT
Osama Ali

Osama Ali

Oil flows shift as Trump raises Hormuz concerns

ALBAWABA - As rising tensions continue to disrupt international energy markets, U.S. President Donald Trump has cautioned Iran against charging tolls to ships traveling through the Strait of Hormuz. The alert comes after rumors that Tehran would impose fees on oil tankers passing through the vital canal, which could put more pressure on already precarious supply routes. Global oil prices have sharply increased as a result of the ongoing turmoil ...
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The 2018 model features new enhancements on both the exterior and interior offerings.
March 14th, 2018 - 06:57 GMT

Cadillac’s Lightweight 2018 XT5 Arrives in the Middle East

Air Arabia added 21 new routes to its global network in 2017 from its five operating hubs in the UAE, Morocco, Egypt and Jordan.
March 14th, 2018 - 06:33 GMT

Air Arabia Shareholders Approve Ten Percent Cash Dividend at Annual General Meeting

The awards were in recognition of Mashreq’s bespoke services designed to provide customized solutions to meet the complex needs of its corporate clients.
March 14th, 2018 - 06:30 GMT

Mashreq Bank to Win Twice at EMEA Finance Middle East Banking Awards

The agreement was signed today by Stefan Pichler RJ’s President/CEO and Nisreen Qatamish Director General of KHCF at the King Hussein Cancer Center (KHCC).
March 14th, 2018 - 06:18 GMT

RJ to Support King Hussein Cancer Foundation

Yousif Ali Mirza, Chief Executive of CrediMax
March 14th, 2018 - 06:14 GMT

CrediMax Bahrain Receives Certification on PCI DSS V3.2 Compliance by SISA

Nabeel Al-Salem, Chair of the ARC 18 Organizing Committee
March 14th, 2018 - 06:03 GMT

Registration Opens for Qatar Foundation Annual Research Conference 2018 ARC18

Saudi Arabia had designed and was working on 200km of rail track to link with the Gulf Railway, while Qatar, Bahrain and Kuwait were designing their portions. (Shutterstock)
March 13th, 2018 - 06:00 GMT

GCC States Committed to Gulf Railway Project, Despite Spat With Qatar

Total remittances from the country meanwhile rose 2.2 percent to 164.3 billion dirhams in 2017 from 160.8 billion dirhams the previous year. (AFP)
March 13th, 2018 - 04:00 GMT

India Top Recipient of Foreign Remittances From Expats Working in UAE

The country plans to "saudize" 28,000 government jobs by 2020. (Photo: Saudi Gazette)
March 13th, 2018 - 01:25 GMT

Saudi Arabia Wants to Create 28,000 Government Jobs for Saudis by 2020

the University of Bahrain has launched the ‘Forsati for her’ project in partnership with United Nations Development Programme, Microsoft, Think Smart and Tamkeen.
March 13th, 2018 - 01:00 GMT

University of Bahrain Empower 3,000 Women Students to Launch 30 Startups

The  Emirati Children’s Day was approved by the Ministerial Development Council. (Shutterstock)
March 13th, 2018 - 01:00 GMT

UAE to Celebrate Emirati Children’s Day on March 15

The students toured the premises – including warehouses, factories, labor villages, and offices and experienced first-hand the array of valuable key features offered within DI’s enabling ecosystem.
March 13th, 2018 - 12:46 GMT

Dubai Industrial Park Hosts Executive MBA Students From Westminster College

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