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BUSINESS

BUSINESS latest

US unfreezes major Iranian assets during talks over Hormuz
April 11th, 2026 - 10:14 GMT
Osama Ali

Osama Ali

US unfreezes major Iranian assets during talks over Hormuz

ALBAWABA - According to a senior Iranian source, the United States has consented to unfreeze Iranian financial assets stored overseas, which is viewed as a possible step toward furthering the two sides' continuing conversations. Speaking to Reuters, the person characterized the action as a show of goodwill and perhaps a step closer to a more comprehensive deal. Associated with Hormuz Security According to officials, the release of assets is contingent ...
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Iran expects to export 1 million tonnes of surplus wheat and its products this year. (AFP/ File)
July 20th, 2017 - 12:03 GMT

Largely Self-Sufficient, Iran to Export 1 Million Tonnes of Surplus Wheat

Last year's coup attempt, geopolitical developments and the referendum process have all affected Turkey's economy. (AFP/ File)
July 20th, 2017 - 11:54 GMT

Turkey Optimistic, Even as It Runs a $7-Billion Budget Deficit

The drop in Abu Dhabi rents is expected to persist throughout 2017. (Shutterstock)
July 20th, 2017 - 11:44 GMT

Drop in Abu Dhabi Rents to Persist Throughout 2017: Report

Sheraton Amman
July 20th, 2017 - 10:58 GMT

Sheraton Amman Al Nabil Celebrates Summer Season With Special Offer

A rendering of Hamad Port. (Twitter)
July 20th, 2017 - 10:05 GMT

Qatar's Hamad Port Breaks Blockade With Five New Shipping Lines

University of Jeddah
July 20th, 2017 - 10:00 GMT

University of Jeddah to Offer Women Students PE Major

The new Ooredoo widget will not only allow prepaid customers to keep a regular eye on their balance without needing to open the app, but also give postpaid customers an easy way to check their bill summary and monitor bill due-dates.
July 20th, 2017 - 09:49 GMT

Ooredoo Offers New Levels of Convenience With Launch of Widget Feature

The GCC region has several characteristics that can speed up the growth of IoT, including broadband penetration and a young, tech-savvy population that is ready for a revolution in digital services and connectivity. (Pixabay)
July 20th, 2017 - 09:48 GMT

IoT Market in GCC Has Potential to Reach $11 Billion by 2025: Experts

An aggregate of AED 1.07 billion was added by Dubai Customs from 2004 to 2015 as income and cost savings due to the implementation of 17,771 employee ideas and suggestions.
July 20th, 2017 - 09:41 GMT

Dubai Customs Gets AED 1.07 Billion Return on Innovation

July 20th, 2017 - 09:36 GMT

ASUS Republic of Gamers Announces Crosshair VI Extreme

Leading banks such as Emirates NBD, Emirates Islamic and Dubai Islamic Bank have posted strong first-half  financial results. (AFP)
July 20th, 2017 - 09:24 GMT

Major UAE Banks Post Strong First-Half Financial Results: Details

Emirates Islamic
July 20th, 2017 - 09:24 GMT

Emirates Islamic Announces First Half 2017 Financial Results

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