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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 Careem in Canal app-based service in Suez, Port Said and Ismailia will create approximately 4,000 more jobs for locals in the Canal area and offer a convenient, safe and reliable means of transportation for residents.
August 13th, 2017 - 07:56 GMT

Careem Expands Presence in Egypt

Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World
August 13th, 2017 - 07:36 GMT

Jebel Ali Free Zone Trade Reaches $80.2 Billion in 2016


Total Income grew to Dh48.3 million, a 20.1 per cent increase compared to the same period in 2016.
August 13th, 2017 - 07:28 GMT

Amanat Holdings Posts $6.8 Million Net Profit for H1

In attendance were representatives from 31 countries–students studying customs at the universities
August 13th, 2017 - 07:26 GMT

Dubai Customs Takes Part in International Student Conference in Azerbaijan

Now in its eighth year, the internship is a collaboration between Alshaya and Kuwait’s Society for the Guardians of the Disabled (KSGD) that helps students with disabilities to gain the required skills and confidence to operate in a work environment.
August 13th, 2017 - 07:18 GMT

Students With Disabilites Get a Taste of the Retail World With Alshaya


Mohammed Juma Al Musharrakh, Director of Invest in Sharjah
August 13th, 2017 - 07:17 GMT

Third Sharjah FDI Forum Slated in September

LG Electronics
August 13th, 2017 - 07:06 GMT

Next Major Smartphone From LG to Feature First-Ever Oled Full Vision Display

Huawei Nova 2 Plus
August 13th, 2017 - 06:58 GMT

Huawei Nova 2 Plus: Fashionable, Multi-Functional Smartphone

Saudi Arabia’s Ministry of Environment, Water and Agriculture has launched a new initiative to monitor air quality and emissions of pollutants.
August 13th, 2017 - 06:42 GMT

Saudi Environment Ministry Launches New Initiative to Measure Air Pollution

Iflix
August 13th, 2017 - 06:38 GMT

Iflix Secures Additional $133 Million Funding, Led by Hearst

Filtered water straight from a stylish kitchen faucet
August 13th, 2017 - 06:28 GMT

Grohe Launches Drinking Water System for Homes

Dubai Health Authority
August 13th, 2017 - 06:22 GMT

Dubai Hospitals See Over 250,000 Patients in H1

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