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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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Adeeb Ahamed, Managing Director, Lulu Exchange. (Trade Arabia)
July 26th, 2017 - 06:07 GMT

Lulu Exchange Acquires Al Falah

The agency said the foreign assets of the Saudi banks reached their highest level in May since July 2016. (AFP/ File)
July 26th, 2017 - 06:00 GMT

Saudi Arabia's Foreign Assets Close to SR2 Trillion: SAMA

The R&D centre, which was launched in 2014, will focus on four key operations - production of electricity using solar energy, integration of smart grids, energy efficiency, and water. (Trade Arabia)
July 26th, 2017 - 05:58 GMT

DEWA's R&D Facility Set for 2020 Launch

Talal Abu Ghazaleh, chairman of Talal Abu Ghazaleh Group
July 26th, 2017 - 05:52 GMT

Abu Ghazaleh Offers 1,000 Scholarships to Iraqi Accountants

The upgrade provides drivers with new map and sensor technology. (GB)
July 26th, 2017 - 05:48 GMT

Dubai’s RTA Begins $19 Million Smart Taxi System Upgrade

Barakah Nuclear Energy Plant - Unit 2. (Trade Arabia)
July 26th, 2017 - 05:43 GMT

ENEC Completes Key Test on Nuclear Energy Plant

Öz, the producer and host of the American TV show "The Dr. Oz Show," will advise Turkish Airlines' passengers on healthy nutrition and exercise. (Trade Arabia)
July 26th, 2017 - 05:38 GMT

'Fly Good Feel Good' with Turkish Airlines and Dr Öz

Amjad al Lawati
July 26th, 2017 - 05:37 GMT

Bank Muscat Launches Oman’s First Electronic Wallet

Mandatory tracking points by June 2018
July 26th, 2017 - 05:29 GMT

IATA and A4A Launch Baggage Tracking Drive

During the event
July 26th, 2017 - 05:16 GMT

UAE Ministry of Economy Discusses Cooperative Prospects With Japan

Earlier this month, Saudi Arabia announced it would cut crude oil shipments in August. (AFP/ File)
July 25th, 2017 - 11:58 GMT

Saudi Arabia's Reduced Oil Exports Will Force US Inventories Lower: Analysts

Egypt’s economy has taken its toll on university fees. (File photo)
July 25th, 2017 - 11:21 GMT

Egypt’s Sluggish Economy Takes Its Toll on University Fees for 2017-2018

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