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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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World Expo 2020, which will take place from October 2020 to April 2021, is expected to generate thousands of jobs and attract more than 25 million visitors to Dubai. (Ali Haider/ EPA)
August 9th, 2017 - 12:55 GMT

Looking for a Job? Expo 2020 Is Hiring!

Northwestern University in Qatar
August 9th, 2017 - 12:07 GMT

NU-Q Welcomes Largest Class in New Building

The Emaar South residential project. (Trade Arabia)
August 9th, 2017 - 12:03 GMT

Arabtec to Build New Mall in Dubai South

The firm has seen significant progress in the execution of its growth strategy which produced a healthy level of activity across all its businesses.
August 9th, 2017 - 11:55 GMT

Investcorp Reports 34 Percent Increase in Full Year Profit

Drone owners in Dubai must undergo a security vetting and be at least 16 years of age to be certified. (File photo)
August 9th, 2017 - 11:36 GMT

Getting a Drone in Dubai? Get a License First, Says Dubai Aviation Authority

Du Launches its Youth Council in the UAE as part of the International Youth Day Celebration across the country.
August 9th, 2017 - 11:34 GMT

Du Launches Its Youth Council in UAE on International Youth Day

Abu Dhabi is home to Ferrari World, the first-ever Ferrari-branded theme park in the world. (Shutterstock)
August 9th, 2017 - 11:21 GMT

Special Deals, Free Tickets: Abu Dhabi Targets Saudis in New Tourism Campaign

The Opus development building
August 9th, 2017 - 11:01 GMT

Empower Connects Its District Cooling Solutions to the Prestigious Development ‘the Opus’

The engineering industry is expected to become a boom sector under the Saudi Vision 2030. (File photo)
August 9th, 2017 - 10:48 GMT

Saudi Arabia Allows 100% Foreign Ownership of Engineering Firms: Details

Turquoise restaurant takes guests to a culinary escape that not only offers culinary masterpieces but also showcases a unique dining feast.
August 9th, 2017 - 10:36 GMT

Rixos Premium Dubai Launches Its Friday Brunch This August

Deira Islands
August 9th, 2017 - 10:33 GMT

Nakheel Awards AED430 Million Worth of Contracts for Dubai’s Deira Islands

An Emirati man stands in front of a pipeline at the oil terminal of Fujairah during the inauguration ceremony of a dock for supertankers on September 21, 2016. (Karim Sahib/ AFP)
August 9th, 2017 - 10:29 GMT

UAE's Offshore Concession Part of Plan to Expand Oil Production: Minister

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