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BUSINESS

BUSINESS latest

JD Vance in Switzerland
June 21st, 2026 - 11:58 GMT
P. Choiaqo

P. Choiaqo

JD Vance says 16 million barrels of oil flowed through Hormuz in 24 hours

ALBAWABA - It seems that the MOU signed between the U.S. and Iran is slowly becoming reality as oil flows through Hormuz despite Iranian claims of the strait being shut down. On Wednesday, Iran and the U.S. signed a 14-point memorandum of understanding (MOU) with one of its points allowing the free flow of oil without restrictions and blockades from both sides. However, as Israel continues its attacks on Lebanon ...
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Indians now account for 22 percent of prime property sales in the UK capital, compared to just 5 percent of sales two years ago. (File photo)
August 17th, 2017 - 10:47 GMT

Indians Beat Arabs as Second-Largest Investors in London Property: Report

Raed Dawood, Director of Government Relations and Corporate Affairs at Ooredoo,
August 17th, 2017 - 10:36 GMT

Ooredoo Joins Outward Bound Oman to Empower the Sultanate’s Youth

The government eventually plans for 80 per cent of buildings in Dubai to use the lamp
August 17th, 2017 - 10:32 GMT

Dubai Lamp to Become Mandatory for New Buildings by Year-End

Samsung dominates the MENA region's mobile market with 38 percent market share. (Pixabay)
August 17th, 2017 - 10:06 GMT

Samsung Most Popular Mobile Phone in MENA, Says Report

Bobby the Seal at Dubai Ice Rink
August 17th, 2017 - 10:02 GMT

Learning to Skate Is Even More Fun With Bobby the Seal at Dubai Ice Rink!

Engie has acquired a 40 percent stake in Tabreed from Mubadala, the Abu Dhabi-based investment company. (Shutterstock)
August 17th, 2017 - 09:56 GMT

France's Engie Completes $762 Million Investment in Tabreed

During the event
August 17th, 2017 - 09:54 GMT

Dubai Customs Organizes Awareness Drive Safe Campaign

Marka logo
August 17th, 2017 - 09:43 GMT

Marka Posts $7 Million in Revenues for Q2 2017

The cargo arrived on board the Q-Max LNG vessel, Bu Samra, at Thailand’s Map Ta Phut LNG receiving terminal. (File photo)
August 17th, 2017 - 09:41 GMT

Qatargas Delivers First LNG Cargo to Thailand

Noor Bank. (File photo)
August 17th, 2017 - 09:34 GMT

Dubai's Noor Bank Downsizes in Huge Restructuring: Sources

The contract was initially awarded in July 2013, with the work scheduled for completion by June 2015
August 17th, 2017 - 09:25 GMT

Drake & Scull to Proceed With Dh23 Million Contract for Fairmont Abu Dhabi

Gulf Air.
August 17th, 2017 - 09:19 GMT

Gulf Air, Aegean Airlines Ink Codeshare Agreement

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