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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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Out of the 1,200 respondents, only 5 percent of Lebanese residents had plans to either buy or build a residential property in the coming months. (Shutterstock)
February 28th, 2018 - 06:00 GMT

Demand for Property High in 2017, But Still Far From 2010 Peak: Lebanon

A ministry spokesperson said Iraq realized an average price of $62.59 for a barrel of its oil in January. (Shutterstock)
February 28th, 2018 - 04:00 GMT

Iraq Exports More Than 100 Million Barrels of Oil in January, 3.5 Million a Day

The dollar on Wednesday rose to its strongest level in more than five weeks. (File photo)
February 28th, 2018 - 02:32 GMT

Dollar at Five-Week High: 5 Things to Know in Global Markets Today

Dubai Police will showcase its cutting-edge smart services, including smart police stations, at its stand no. 4100, Hall 4.
February 28th, 2018 - 01:13 GMT

Dubai Police to Mark Inaugural Participation at ISNR Abu Dhabi 2018

Exclusive: Motorola's CEO talks about a potential Razr revival. (Motorola)
February 28th, 2018 - 12:55 GMT

Motorola's CEO Hints at Razr Return, With Foldable Screen

Khalid Mohamed Kanoo, Group Chairman, Kanoo
February 28th, 2018 - 12:50 GMT

Yusuf bin Ahmed Kanoo Group Appoints Khalid Mohammed Kanoo as New Chairman

Nigel Crisp, WISH Forum Chair; Elizabeth Iro, Chief Nursing Officer of the World Health Organization; Annette Kennedy, President of the International Council of Nurses; and Sultana Afdhal, CEO of WISH.
February 28th, 2018 - 12:47 GMT

WISH Research Into Nursing and Health Coverage Announced at 'Nursing Now'

Public services requiring government fees in the UAE will not be increased for a period of three years, it was announced on Wednesday. (Pictured here: Sheikh Mohammad Bin Rashid Al Maktoum/ File)
February 28th, 2018 - 12:46 GMT

No Increase in Government Fees for Three Years: UAE

The integration marks the first Masterpass enablement with a telecommunications company in Bahrain. (Shutterstock)
February 28th, 2018 - 12:44 GMT

Mastercard Enables Masterpass for Arab Financial Services and Batelco's 'Bwallet'

The 300,000-DWT carrier is the third VLCC to join Bahri’s fleet this year.
February 28th, 2018 - 12:25 GMT

New VLCC ‘Qamran’ Lifts Bahri’s Fleet of Multipurpose Vessels to 91

The Tobacco-Free AUC Committee, made up of students, faculty and administrative representatives, has been working on a plan to ban tobacco use on campus.
February 28th, 2018 - 12:19 GMT

AUC Launches Smoke and Tobacco Free Campus Initiative

Abu Dhabi University had organized a series of events across its three campuses in Abu Dhabi, Al Ain, and Dubai.
February 28th, 2018 - 12:16 GMT

Abu Dhabi University Inaugurates Its World Class Innovation Center

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