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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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Brett Goschen, Vodafone Qatar new Chief Financial Officer. (The Peninsula)
August 1st, 2017 - 11:45 GMT

Vodafone Qatar Names Goschen as CFO

Moody's joins the other two major foreign credit rating agencies, Fitch and Standard & Poor's, to operate rating activities in Saudi Arabia. (Thomas Coex/ AFP)
August 1st, 2017 - 11:38 GMT

Moody’s Wins License to Operate in Saudi Arabia, Big Three Now Complete

Investcorp said it would support Impero through organic growth and “add-on” acquisitions. (GB)
August 1st, 2017 - 11:37 GMT

Bahrain’s Investcorp Acquires UK Classroom Software Provider for $36 Million

Honda boosted its net profit forecast to 545 billion yen from an earlier figure of 530 billion yen for the fiscal year ending March 2018.
August 1st, 2017 - 11:31 GMT

Honda Motorcycle Sales Boost Quarterly Net Profit

SHUAA Capital has been expanding its capital markets platform both through its recent agreements to acquire Integrated Securities and Integrated Capital as well as expanding its offerings to clients.
August 1st, 2017 - 11:13 GMT

SHUAA Capital Acquires Stake in Kuwait-Based Amwal International Investment

Traders at Muscat Securities Market (MSM), the only stock exchange in Oman. (Photo courtesy of TBY)
August 1st, 2017 - 11:05 GMT

Oman Stock Market Declines, Led by Falling Investment Sentiment

The DFSA crowdfunding regulations have the ability to catalyse growth in the financial technology (FinTech) industry in the UAE and the region, by targeting the specific requirements of crowdfunding platforms.
August 1st, 2017 - 11:04 GMT

DFSA Launches Crowdfunding Framework

The company, owned by the powerful family of Lebanese Prime Minister Saad al-Hariri, closes after 39 years in operation. (AFP)
August 1st, 2017 - 10:52 GMT

End of a Dynasty: Saudi Oger Officially Shuts Down After 39 Years in Saudi Arabia

This exceptional accreditation granted to AUC’s School of Business motivates undergraduate students in pursuing the job market and applying for graduate studies.
August 1st, 2017 - 10:36 GMT

AUC’s School of Business Maintains Prestigious Triple Crown Accreditation

Airport Guide Robot
August 1st, 2017 - 10:32 GMT

LG Airport Robots Take Over Korea’s Largest Airport

DED Cafe
August 1st, 2017 - 10:25 GMT

Dubai Economy to Launch ‘DED Café’ for Enhanced Customer Happiness and Convenience

Oman Oil Marketing Company will have participants ‘embrace the challenge’ with a series of competitions that will put their skills to the test.
August 1st, 2017 - 10:17 GMT

Oman Oil Marketing Company Brings Excitement to Salalah With Khareef Challenge Competition

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