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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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Wael Allan, CEO, Drake & Scull International
August 9th, 2017 - 06:56 GMT

DSI Guaranteed up to AED 100 Million ‘Qard Hasan’ Loan From Tabarak Investment as Part of the Capital Restructuring Program

ACWA Power awarded three Solar PV projects under Round 2 of Egypt FiT program
August 9th, 2017 - 05:39 GMT

ACWA Power Awarded Three Solar PV Projects Under Round 2 of Egypt FiT Program II

The Doha International Family Institute (DIFI) recently participated in the United Nations (UN) High-Level Political Forum (HLPF) on Sustainable Development.
August 9th, 2017 - 04:59 GMT

Doha International Family Institute Discusses Eradicating Poverty and Promoting Prosperity at United Nations

Dr Mohammed Ilyas Khan, Breastfeeding Specialist, Al Khor Hospital.
August 9th, 2017 - 04:49 GMT

HMC Expert Stresses the Importance of Breastfeeding

Turkey believes a land route is a more sustainable alternative for trade with Qatar on the long run. (File photo)
August 8th, 2017 - 01:44 GMT

Qatar, Turkey Mull New Trade Route for Food Products, Via Iran

Salam Air has flown more than 223,765 guests over its first six months of operations. (AFP)
August 8th, 2017 - 12:23 GMT

Salam Air, Oman's First Budget Airline, Celebrates Six Months of Operations

Both residents and visitors can also expect new attractions that will be designed especially for the final three weeks of Modhesh World.
August 8th, 2017 - 12:05 GMT

Modhesh World Extended Until Eid Al Adha by Popular Demand

RAKBank is rated Baa1 (stable) by Moody’s and BBB+ (stable) by Fitch Ratings.
August 8th, 2017 - 11:38 GMT

RAKBank Launches $250 Million Three-Year Syndicated Term Loan Facility

MOMRA is quickly executing on the government’s National Transformation Program 2020 in line with Saudi Vision 2030.
August 8th, 2017 - 11:27 GMT

VMware and Dell EMC Accelerate MOMRA’s Delivery of Digital Services to Saudi Arabian Citizens as Part of Saudi Vision 2030

This initiative underscores the relentless efforts of Abu Dhabi City Municipality to encourage the public to undertake charitable activities and enhance the communication with all community members.
August 8th, 2017 - 11:20 GMT

Abu Dhabi City Municipality Conducts Medical Tests for Workers at Al Mafraq Industrial

The billionaire Saudi prince sees potential in Egypt’s tourism sector. (File photo)
August 8th, 2017 - 11:15 GMT

Prince Alwaleed Bin Talal Invests $800 Million in Egypt's Tourism Sector

Four Seasons Hotel Istanbul at Sultanahmet
August 8th, 2017 - 11:02 GMT

Be Mesmerised by Fairytale Experiences in Istanbul With Four Seasons Hotels and Resorts

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