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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 new Value-Added Tax (VAT) will be implemented in Saudi Arabia from January 1 next year simultaneously with other GCC countries. (File photo)
August 13th, 2017 - 09:31 GMT

Saudi Arabia Expects VAT to Increase Cost of Living by 5 Percent

Oman Oil Marketing Company
August 13th, 2017 - 09:19 GMT

Oman Oil Marketing Company Announces 10 Winning Smes of Tasweik 2016

Ali Bin Harmel Al Daheri, Watania Chairman of the Board of Directors
August 13th, 2017 - 09:15 GMT

National Takaful Company (Watania) Reports Dh2.7 Million Profit in Second Quarter

SHUAA Capital
August 13th, 2017 - 09:09 GMT

Shuaa Capital Posts Highest H1 Profit Since 2009

Chandan Singh, CEO of Dhofar Global.
August 13th, 2017 - 09:03 GMT

Dhofar to Supply Hygiene Products to AccorHotels

The memorandum of understanding was signed by Promoth Manghat, chief executive officer of UAE Exchange Group, and Richard Teng, chief executive officer of the Financial Services Regulatory Authority (FSRA) of ADGM.
August 13th, 2017 - 08:53 GMT

ADGM, UAE Exchange Partner to Develop Fintech

UAE Healthy Future Study
August 13th, 2017 - 08:52 GMT

First-of-Its-Kind National Health Study to Enlist 20,000 Emiratis

Launching INFINITI Customer Happiness Centre
August 13th, 2017 - 08:42 GMT

Dubai Economy and Arabian Automobiles Open INFINITI Customer Happiness Centre

Applications to join the Weill Cornell Medicine-Qatar Biomedical Research Training Program for Nationals can be submitted online now until November 5, 2017.
August 13th, 2017 - 08:32 GMT

Applications Open for WCM-Q Biomedical Research Training Program

What new Audi products are likely to be launched in the region in the next 12 months?
August 13th, 2017 - 08:31 GMT

Saudi Market Accounts for 13 Percent of Audi’s Mideast Sales

Ericsson
August 13th, 2017 - 08:24 GMT

Ericsson Demonstrates Near-Gigabit Speeds on Commercial Networks

Modhesh World Burj Khalifa Competition Winner
August 13th, 2017 - 08:05 GMT

Modhesh World and Burj Khalifa Team up to Give Family and Toddler Experience of a Lifetime

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