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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 service will soon be available to across the Middle East. (File photo)
August 8th, 2017 - 09:05 GMT

Aramex Launches New High-Tech Chatbot in UAE

Charles Yang - President of Huawei Middle East
August 8th, 2017 - 08:57 GMT

Huawei Announces Launch of Coveted ICT Skill Competition to Unearth and Nurture Local Talent

Lexus LC 500h
August 8th, 2017 - 08:41 GMT

Lexus Design Award 2018 Is Now Open for Entries

Q9 QLED TV
August 8th, 2017 - 08:32 GMT

Samsung Electronics Launches 88-Inch Ultra-Large QLED TV, the Q9, in North America and Korea

The Suez Canal’s revenues from January to July 2017 amounted to $2.938 billion compared to $2.919 billion in the same period last year. (File photo)
August 8th, 2017 - 08:11 GMT

Egypt's Bet on Suez Canal Paying Off: Revenues up in First 7 Months of 2017

Rixos Bab Al Bahr - Inferno Nightclub
August 8th, 2017 - 07:49 GMT

Rixos Bab Al Bahr Unveils New Concept Nights at Inferno Night Club

From August 1, tourists can enjoy many benefits including 20% off four Uber rides.
August 8th, 2017 - 07:27 GMT

Enjoy the UAE With More Benefits From Du’s Enhanced Tourist SIM

Harish Chib, Vice President, Middle East & Africa, Sophos
August 8th, 2017 - 07:01 GMT

Sophos Announces Super Star Campaign for Silver and Authorized Partners in the Middle East & Africa

Careem's founder, Mudassir Sheikha.
August 8th, 2017 - 06:57 GMT

Careem, Didi Chuxing Announce Partnership to Accelerate Innovation in MENA Region

The joint venture will elevate the travel experience for Chinese travelers. (Marriott)
August 8th, 2017 - 06:32 GMT

Alibaba Group and Marriott International Announce Innovative Joint Venture to Redefine Travel Experience

Robert Hammer - Chairman, President and CEO, Commvault
August 8th, 2017 - 06:26 GMT

Commvault Recognized as a Leader in the Magic Quadrant for Enterprise Backup & Recovery Solutions for the 7th Straight Year

Air Arabia’s net profit for the first six months of 2017 stood at AED 261 million.
August 8th, 2017 - 05:14 GMT

Air Arabia Posts Strong Second Quarter Net Profit of AED 158 Million, up 21%

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