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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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Your move, Apple. (Pixabay)
July 3rd, 2017 - 01:14 GMT

Samsung Is Building the World's Largest OLED Display Factory

Women, traditionally being home makers and mothers, have always handled multiple tasks at the same time. (Pexels)
July 3rd, 2017 - 01:07 GMT

Women Are Better at Multitasking Than Men, and Here's the Proof

UAE and Saudi Arabia have the highest percentage of regular savers in the Gulf region. (File photo)
July 3rd, 2017 - 01:02 GMT

UAE, Saudi Arabia Top-Saving Countries in GCC: Report

Every Emirates ID has a PIN that contains all your sensitive information. (Khaleej Times)
July 3rd, 2017 - 12:52 GMT

Your Emirates ID Has a Secret PIN, and it Contains All Your Personal Info

Egypt's decision to hike fuel prices will reflect on the cost of carrying out construction projects. (File photo)
July 3rd, 2017 - 12:41 GMT

Egypt: New Fuel Prices Push Construction Costs by up to 15 Percent

Dollar climbs, rebounding from last week's sharp loss. (File photo)
July 3rd, 2017 - 11:47 GMT

Dollar Climbs From Last Week's Loss, But Still Under Pressure

The accolade was received in June in Cannes, France as part of the Festival’s awards ceremony, which also saw the shortlisting of Royal Jordanian’s Fear of Flying video.
July 3rd, 2017 - 11:30 GMT

Royal Jordanian Crowned With Prestigious Award at the 2017 Cannes Lions International Festival of Creativity

Turkey's annual inflation rate falls to a four-month low, according to a report. (File photo)
July 3rd, 2017 - 11:29 GMT

Turkey's Inflation Falls to Four-Month Low in June: Report

Oil prices on Friday logged their biggest weekly gain since mid-May. (AFP/ File)
July 3rd, 2017 - 11:15 GMT

Oil Prices up as Saudi Arabia Extends Deadline on Qatar Demands

Stephen Hawking. (AFP)
July 3rd, 2017 - 10:55 GMT

'Trump Risks Turning Earth Into Boiling Venus,' Says Stephen Hawking

Rixos The Palm Dubai Aerial View
July 3rd, 2017 - 10:47 GMT

Rixos the Palm Dubai Records Highest Occupancy Rates During the Holy Month of Ramadan

The new tax came into force on Saturday. (AFP/ File)
July 3rd, 2017 - 10:43 GMT

Saudi Arabia's Residents Feel the Pinch of New Expat Tax

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