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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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A law on the promotion of digital start-ups and entrepreneurship has been adopted in Tunisia. (Pixabay)
February 27th, 2018 - 06:00 GMT

Tunisia Adopts Law to Promote Entrepreneurship, Digital Startups

The Middle East’s GDP is expected to grow 2.9 percent this year, up from just 1.1 percent in 2017. (AFP/ File)
February 27th, 2018 - 04:00 GMT

2018.. Turning Point for Middle East’s Economy?

"An unsettled mind will not make good decisions." - Warren Buffet to equity investors. (Shutterstock)
February 27th, 2018 - 01:18 GMT

Warren Buffett Just Bought More Shares of Apple, Should You Too?

The Samsung Galaxy S9 release date is set for March 16 globally, but you can pre-order the handset right now. (Courtesy of TechRadar)
February 27th, 2018 - 01:05 GMT

Samsung Galaxy S9 Review: Camera, Battery and Everything In Between

Ibrahim. S. Al-Suwayel, Deputy Governor for Investors’ Services and Consultancy.
February 27th, 2018 - 12:48 GMT

Saudi Investment Authority Extends License Period for Foreign Investment

The UAE Armed Forces signed deals worth more than Dh291 million ($72 million) with various companies during the first day of the exhibition. (Courtesy of UMEX)
February 27th, 2018 - 12:47 GMT

Drones and Unmanned Systems: Military Exhibition Kicks off in Abu Dhabi

Gulf Air is expected to buy 39 new Boeing and Airbus aircrafts this year. (Shutterstock)
February 27th, 2018 - 12:42 GMT

Bahrain’s Gulf Air Plans Major Expansion for 2018

The new Peugeot sedan 508.
February 27th, 2018 - 12:34 GMT

Peugeot Unveils New Generation of 508

The Queen Alia International Airport (QAIA) marked a significant increase of 8.2% in year-to-year passenger in January 2018. (Shutterstock)
February 27th, 2018 - 12:27 GMT

Jordan's Queen Alia International Airport Welcomes Over 620,000 Passengers in January

Costing around Dh700 million, "Art of Living Mall" will open in September 2018.
February 27th, 2018 - 12:14 GMT

Dubai to Have New Shopping Mall for Home Furnishing Products

Over 30 international and four Emirati artists will create and showcase their work in public view at Show Street. (Pixabay)
February 27th, 2018 - 12:05 GMT

Dubai to Get Permanent 3D Murals

During the session, Ahmed Al Sayegh explored the importance of regulation, innovation and a global outlook in order to create the next generation of great UAE companies.
February 27th, 2018 - 11:44 GMT

First Abu Dhabi Bank Hosts ADGM Chairman at Ninth Global Financial Markets Forum

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