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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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HSBC earned the most investment banking fees in the Middle East during the first six months of 2017, a total of $29.2 million. (AFP/ File)
July 12th, 2017 - 11:04 GMT

Middle East's Investment Banking Fees Down 15 Percent in 2017: Thomson Reuters

ABB will upgrade the control and protection system for the Konti-Skan high-voltage direct current (HVDC) transmission link with its latest ABB Ability MACH technology. The order was booked in the second quarter of 2017.
July 12th, 2017 - 11:03 GMT

ABB Wins $30 Million Order to Upgrade Nordic HVDC Link

Abdul Basset Al Janahi, CEO of Dubai SME and Ronaldo Mouchawar, CEO and Co-Founder of Souq.com.
July 12th, 2017 - 11:01 GMT

Dubai SME and Souq.com Launch E-Commerce Initiative to Boost SME Sector Competitiveness

The launch of phase II of the Sutra Project in Cairo. (SG)
July 12th, 2017 - 10:56 GMT

Alwaleed Philanthropies Misr El Kheir Foundation Launch Phase II of Sutra

With this expansion, Aramex is now present in 23 African countries. (AN)
July 12th, 2017 - 10:47 GMT

Aramex Expands Presence in Ethiopia

Farina Amir, a student at M.E.S. Indian School
July 12th, 2017 - 10:44 GMT

NU-Q Hosts Summer Program for Regional High School Students

The company has been accused of being too closely connected to Russian intelligence agencies responsible for cyber attacks on the US. (Kirill Kudryavtsev / AFP)
July 12th, 2017 - 10:36 GMT

US Government Bans Kaspersky Products Over Cyberspying Accusations

The workshop held at the Al Twar branch of Dubai Public Library was attended by a high number of participants.
July 12th, 2017 - 10:27 GMT

The Dubai Festival for Youth Theatre Concludes the First Workshop on Drama Script Writing

Dubai Economy and the American Society for Quality have extended their partnerships to include the ASQ Team Innovation Award launched in 2017 in the UAE
July 12th, 2017 - 10:09 GMT

Dubai Economy and American Society for Quality Expand Partnership to Recognise Innovation Teams

The company provides a host of innovative, exciting and affordable data products and services.
July 12th, 2017 - 10:05 GMT

Ooredoo Extends Superfast Fibre Coverage to Several New Areas in Muscat

Qatar's support for Gaza and groups like the Hamas is at the centre of the diplomatic crisis. (AFP/ File)
July 12th, 2017 - 10:05 GMT

Qatar to Build New Housing Units in Gaza, Despite Gulf Crisis

Domestic workers can now transfer from their current employer if their salary is delayed for 3 months or more. (File photo)
July 12th, 2017 - 09:52 GMT

Saudi Arabia Approves 13 Cases Where Domestic Workers Can Transfer Sponsorship

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