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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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Mr. Arif Al Zaabi, Acting Head of Retail
July 19th, 2017 - 05:08 GMT

Bank Nizwa Credit Cards Continue to Attract New Customers

Sheikha Lubna Al Qasimi, UAE Minister of State for Tolerance, was voted the most powerful Arab woman in government in 2017. (Photo: Zayed University)
July 18th, 2017 - 07:00 GMT

UAE Women Most Powerful in Arab World, According to Forbes

Across the Arab world, the use of new technology is creating opportunity and equality - but that doesn't come without disadvantages. (File photo)
July 18th, 2017 - 05:00 GMT

Opinion: Is Technology Connecting or Dividing People in the Arab World?

Citizen Eco-Drive One. (Photo courtesy of Citizen)
July 18th, 2017 - 03:42 GMT

Citizen Unveils the Eco-Drive One, the World's Thinnest Wristwatch

Customers in the UAE might find their borrowing costs rising soon. (Pixabay)
July 18th, 2017 - 03:29 GMT

Getting a Mortgage or Car Loan Soon in UAE? Do It Now!

Goldman Sachs trading revenue fails to meet expectations. (AFP)
July 18th, 2017 - 03:08 GMT

Goldman Sachs Stock Tumbles as Trading Slides 40 Percent in Q2 2017

The dollar sank to a 10-month low hit by the collapse of President Donald Trump's efforts to deliver a new healthcare bill. (File photo)
July 18th, 2017 - 02:43 GMT

Trump's Failure on Healthcare Sends Dollar to 10-Month Low

Libya said it will attend a meeting of OPEC and non-OPEC members in St. Petersburg on July 22. (AFP/ File)
July 18th, 2017 - 02:29 GMT

Libya to Join OPEC, Non-OPEC Members in Meeting on July 22

The Brits want Saudi Aramco to list in London even if that means bending strict stock market rules. (AFP/ File)
July 18th, 2017 - 12:58 GMT

Opinion: Has London Sold Its Soul to the Saudis?

Qatar's Foreign Minister Mohammed bin Abdulrahman al-Thani. (AFP)
July 18th, 2017 - 12:15 GMT

Qatar Taking Steps to Counter Gulf Blockade, Stabilize Market: Minister

What does the Emirates-Flydubai alliance mean for passengers like you and me? (AFP)
July 18th, 2017 - 11:48 GMT

Will the Emirates-Flydubai Deal Result in Cheaper Flights?

Saudi Arabia plans to privatize about 16 government sectors in the first phase as part of its Vision 2030. (File photo)
July 18th, 2017 - 11:24 GMT

Saudi Arabia Says Healthcare to Be Free for Citizens, Even After Privatization

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