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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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Jazeera Airways’ positive results were driven by higher utilization, improved network planning, and a strong demand for travel.
August 3rd, 2017 - 03:40 GMT

Jazeera Airways Announces Q2 2017 Financial Results

China Mall Signing.
August 3rd, 2017 - 03:40 GMT

Ooredoo Signs Fibre Optic Agreement to Connect 200+ Businesses in Buraimi-based China Mall Shopping Village with High-Speed Internet Services

Uber has been given three dedicated areas to transport passengers to and from King Khalid International Airport.
 (Mark Ralston/ AFP)
August 2nd, 2017 - 11:00 GMT

Your Move, Careem: Uber Strikes Passenger Transport Deal with Riyadh Airports

The RTA will gradually phase out the existing paper-based transactions. (GB)
August 2nd, 2017 - 10:53 GMT

Dubai’s RTA says NOCs for driving licences can now be submitted online

The 95-key ibis Styles Manama Diplomatic Area has been launched in partnership with Action Hotels. (GB)
August 2nd, 2017 - 10:39 GMT

Accor Opens First Ibis Styles Hotel in Bahrain

Dubai Electricity and Water Authority
August 2nd, 2017 - 10:34 GMT

Dubai’s DEWA Allows Movers to Activate Utilities Without Visiting Its Offices

Sultan Bin Sulayem
August 2nd, 2017 - 10:26 GMT

Dubai Customs Delivers 4.5 Million Transactions, up 4.5 Percent in 6 Months

Zach Finkelstein, new VP of Corporate Development at Careem
August 2nd, 2017 - 10:26 GMT

Careem Appoints Former Lumia Capital Co-Founder Zach Finkelstein as VP of Corporate Development

The Q6 is the first model in LG’s new Q series of smartphones and was designed for consumers who want a device that offers the technology of LG’s flagship smartphones at an exceptional price that discerning millennials can appreciate.
August 2nd, 2017 - 10:20 GMT

LG Q6 Introduces Fullvision Experience to More Consumers in August

Iraq balances its high power demand and low supply capacity through load shedding, which means power is only available to its 34 million citizens for about 15 hours each day.
August 2nd, 2017 - 10:17 GMT

ABB Wins $30 Million Order to Strengthen Power Infrastructure in Iraq

Mineral trains transport a total of 23,683,134 tons of phosphate, bauxite, molten sulfur and commercial phosphoric acid between May 2011 and June 2017
August 2nd, 2017 - 10:03 GMT

Saudi Railways’ Minerals Transport Increases 27% to 3.21 Million Tons in H1

Oman Air
August 2nd, 2017 - 09:57 GMT

Oman Air, Royal Jordanian Airlines Enter Into Code Share Agreement

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