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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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Sitting at the rear end of the aircraft and close to the emergency exit is almost always safer. (Pixabay)
July 27th, 2017 - 02:02 GMT

This Study Reveals the Best and Worst Places to Sit on a Plane

Gulf News lists the 7 cheapest areas to rent in Dubai this summer. (File photo)
July 27th, 2017 - 01:55 GMT

Your List of the 7 Cheapest Places to Rent in Dubai This Summer

Saudi Arabia is trying to raise $200 billion over the next few years through stake sales in national assets such as airports. (File photo)
July 27th, 2017 - 01:48 GMT

Saudi Arabia to Privatize All Airports by End of 2017: GACA

A rendering of Nakheel's Deira Islands. (Photo courtesy of Nakheel)
July 27th, 2017 - 01:15 GMT

Dubai's Nakheel Sees 22 Percent Drop in Profit for Q2 2017

Banks and other financial institutions in the UAE to freeze all bank accounts of groups and individuals mentioned in the new terror list issued by Saudi Arabia and its allies on July 25, 2017. (AFP/ File)
July 27th, 2017 - 01:05 GMT

UAE Freezes Accounts of Individuals, Entities in Qatar-Linked Terror List

Oil prices finished higher after data from the U.S. Energy Information Administration showed a large drop in domestic crude and gasoline supplies. (File photo)
July 27th, 2017 - 12:52 GMT

Oil Prices Jump to 8-Week High on Lower US Crude Reserves

Etihad posts disappointing results for 2016. (File photo)
July 27th, 2017 - 12:38 GMT

Etihad Reports $1.8 Billion Loss in 2016, First Time in Six Years

Etisalat’s revenues from the UAE amounted to Dh15.4 billion, representing a three percent increase from last year. (File photo)
July 27th, 2017 - 12:11 GMT

Etisalat Profit Rises 7 Percent in First Half to Dh4.2 Billion

Shareholders at the signing ceremony. (Trade Arabia)
July 27th, 2017 - 11:41 GMT

New Aviation School to Open in Oman

Shaikh Ahmed bin Ali Al Khalifa, Zain Bahrain chairman.
July 27th, 2017 - 11:10 GMT

Zain Bahrain Posts $3.7 Million Net Profit, Revenues Hit $84 Million

H.E. Sheikh Abdulla Bin Mohammed Bin Saud Al-Thani, Chairman of Ooredoo
July 27th, 2017 - 11:08 GMT

Ooredoo Revenue Increased by 2% to Reach QAR 16 Billion in H1 2017

Dubai Font
July 27th, 2017 - 11:04 GMT

Dubai Font to Be Available in Huawei Smartphone

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