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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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Fadi Hani Avaya
August 6th, 2017 - 10:31 GMT

Avaya Names Fadi Hani as VP for MEA & Tukey

OSN Sports Mayweather v McGregor HD, will give fans nearly three weeks of action including archive fights of both Mayweather and McGregor, and a chance to relive the infamous world press tour.
August 6th, 2017 - 10:27 GMT

OSN Launches 24/7 Free-to-Air Channel Dedicated to All Things Mayweather and McGregor in the Build up to the Biggest Event of the Year


The team was supported anaesthesia technicians and nursing staff and the operation was conducted using highly specialized technology such as Heart Lung machine. (Trade Arabia)
August 6th, 2017 - 10:14 GMT

Dubai Hospital Conducts Complex Open-Heart Surgery

Some neighborhoods in Riyadh have a lot of runaway expat workers who do not have any ID documents and can be seen walking the streets searching for random jobs. (AFP/ File)
August 6th, 2017 - 10:11 GMT

Saudi Arabia Cracks Down on Employment of Runaway Workers, Housemaids

MasterCard
August 6th, 2017 - 10:10 GMT

Mastercard Brings Summer Bonanza to Cardholders in KSA

The higher expenses were due to “increased spend promoting Aldar properties throughout the region, particularly Saudi Arabia.” (File photo)
August 6th, 2017 - 10:00 GMT

Abu Dhabi's Aldar Boosts Marketing Spending as Revenue, Profit Fall

DoubleTree by Hilton
August 6th, 2017 - 09:59 GMT

DoubleTree by Hilton Jeddah Set to Open in 2020

Hamad Obaid Al Mansoori, TRA director general, received the certificates during a special meeting with Ahmad AlKhatib, director general of the British Standards Institute in the Middle East, in TRA’s office. (Trade Arabia)
August 6th, 2017 - 09:56 GMT

UAE's TRA Achieves Three ISO Certificates

The loan brings to over $10 billion Oman’s external borrowing in 2017. (File photo)
August 6th, 2017 - 09:49 GMT

Heavily Indebted, Oman Uses $3.5 Billion Chinese Loan to Balance the Books

Tarek Sultan, Agility vice chairman and CEO. (Trade Arabia)
August 6th, 2017 - 09:48 GMT

Agility Q2 Net Profit Jumps 12 Percent to Over $55 Million

With two other hotel brands under Emaar Hospitality Group – Address Hotels + Resorts and Rove Hotels – the company now has 11 operational hotels in Dubai
August 6th, 2017 - 09:40 GMT

Emaar Hospitality Plans New Hotel Linked to the Dubai Mall

Iraq is oil rich and has significant potential for economic development and growth. (File photo)
August 6th, 2017 - 09:30 GMT

Moody's Assigns Caa1 Issuer Rating to Iraq, Outlook Stable

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