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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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Ahmad Bin Shafar, CEO of Empower.
July 24th, 2017 - 11:27 GMT

Empower to Participate as Strategic Sponsor at WETEX 2017

Etihad is one of ten companies submitting non-binding offers for ailing Alitalia. (File photo)
July 24th, 2017 - 11:05 GMT

Etihad Makes Non-Binding Offer for Alitalia, for Total or Partial Takeover

Emirates Towers Business Park
July 24th, 2017 - 10:49 GMT

TECOM Group to Develop Emirates Towers Business Park and Fareed Al Janahi Appointed as Chief Executive Officer

The second quarter of 2017 generated a profit of Dh226.7 million, an increase of 16 per cent year on year.
July 24th, 2017 - 10:37 GMT

RAKBank Group Posts Dh381.5m Net Profit for First Half

Flights from Dubai to Makhachkala and Voronezh will operate twice a week, starting 31 October 2017 and 29 October 2017
July 24th, 2017 - 10:36 GMT

flydubai’s Network in Russia Expands to Ten Destinations

Almarai said that it remained cautious for the rest of the year.
July 24th, 2017 - 10:28 GMT

Almarai Reports 2.38% Rise in Second-Quarter Profit

During the event
July 24th, 2017 - 10:26 GMT

Ooredoo Opens First Franchise Store in Al Khuwair

Kuwait’s oil minister Essam Al-Marzouq says deeper cuts are a possibility for OPEC and non-OPEC countries. (Yasser Al Zayyat/ AFP)
July 24th, 2017 - 10:24 GMT

What to Expect From Today's OPEC, Non-OPEC Meeting?

The Dhs135m villa project marks the first time Amlak is developing a fully-owned property. (GB)
July 24th, 2017 - 09:57 GMT

Dubai Mortgage Firm Amlak Developing Villa Project in Mirdiff

Nadia Zehni, the director of marketing at dubizzle. (Trade Arabia)
July 24th, 2017 - 09:40 GMT

Dubizzle Sees Big Jump in Visitor Volumes

Ericsson
July 24th, 2017 - 09:37 GMT

Ericsson and Telia Connect World’s Largest Oil Shale Mine

Cool Kids Corner in Ice Dome
July 24th, 2017 - 09:35 GMT

DubaICE Ladies Beach Is Open Every Weekend in July and August

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