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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 parks are expected to generate an estimated SAR130 billion ($34.6 billion) and draw 5.6 million visitors annually. (File photo)
August 13th, 2017 - 11:47 GMT

Saudi Arabia Has Plans for 24 Theme Parks to Boost Tourism, Jobs

The airline, which launched its official Facebook Page on 13 January 2014, has reached this milestone by organically building a community of fans who enjoy interacting with and learning more about the brand.
August 13th, 2017 - 11:30 GMT

Flydubai Celebrates Social Media Milestone

Be wary of online listings that are not hosted on reputed sites. (Shutterstock)
August 13th, 2017 - 11:28 GMT

Your Step-by-Step Guide to Renting a New Home in Dubai

Flavours Restaurant offers a festive and family-friendly brunch for only AED125, on the first day of Eid.
August 13th, 2017 - 11:21 GMT

Revel in an Eid Al Adha Staycation at Hawthorn Suites by Wyndham JBR

Profitability at the five largest Saudi banks could be pressured going into 2018, according to Moody's. (File photo)
August 13th, 2017 - 11:14 GMT

Saudi Banks to Face Profitability Pressures in 2018: Moody's

Raed Dawood, Director of Government Relations and Corporate Affairs at Ooredoo
August 13th, 2017 - 11:11 GMT

Ooredoo Concludes Exciting Sports Beach Day in Azaiba

The collaboration between two leading Saudi institutions is designed to provide enhanced, value-added services to customers, by combining the strengths and product offerings from each partner.
August 13th, 2017 - 11:08 GMT

Alawwal Bank Collaborates With STC to Launch ‘Alawwal Qitaf’ Credit Card

The agreements focused on pharmaceuticals, foodstuff, construction, building materials, shipping, logistics, plastic, aluminium, glass, technology, furniture, and air-conditioning sectors. (Shutterstock)
August 13th, 2017 - 10:59 GMT

Qatar, Turkey Strengthen Economic Ties With 15 New Agreements

The course ran from 16th July until 3rd August, supporting the government’s directives for Dubai to become the world’s leading city for customer service.
August 13th, 2017 - 10:45 GMT

Dubai Culture Hosts Customer Service Excellence Course

The developer has announced the completion of Azizi Royal Bay in just 22 months. (Courtesy of Azizi Developments)
August 13th, 2017 - 09:50 GMT

Azizi Developments Announces Dh350 Million Project on Palm Jumeirah

Toyota
August 13th, 2017 - 09:47 GMT

Markazia Toyota Launches All-New 2017 C-HR Crossover in Jordan

LG Dubai Mall
August 13th, 2017 - 09:35 GMT

LG Unveils World’s Highest Resolution Video Wall at the Dubai Mall

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