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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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Wael Allan, CEO, Drake & Scull International.
August 1st, 2017 - 09:14 GMT

Passavant Energy, Aziz Company Win Deal for South Dhahran Wastewater Treatment Plant in Saudi Arabia

The event aims to educate all segments of the community about the UAE’s heritage, values and traditions, to ensure that this heritage is passed down to the next generations.
August 1st, 2017 - 09:06 GMT

Dubai Culture Hosts ‘Summer of Heritage’ Event

PolycomÒ VVXÒ Business Media Phones
August 1st, 2017 - 08:59 GMT

Polycom Provides New UC Software Update for Its VVX Business Media Phones, Meeting Latest Microsoft Third Party Requirement

Zain Saudi Arabia also reported a 13% increase in gross profit to reach SR1,259 million for Q2 2017.
August 1st, 2017 - 08:53 GMT

Zain Saudi Arabia Continues Strong Results in 2Q 2017

The project aims to develop “exceptional resorts” on more than 50 natural islands in the Red Sea. (File photo)
August 1st, 2017 - 08:52 GMT

Saudi Arabia Unveils Plans for Maldives-Inspired, Massive Red Sea Tourism Project

Aramex
August 1st, 2017 - 08:36 GMT

Aramex Sees 4 Percent Revenue Growth in Q2 2017

A new mall will rise in Abu Dhabi and it is envisioned to be the next lifestyle destination in the UAE capital.
August 1st, 2017 - 08:33 GMT

Majid Al Futtaim to Build First-Ever City Centre Mall in Abu Dhabi

Dubai Investments
August 1st, 2017 - 08:29 GMT

Dubai Investments Reports Rising Rent Income Despite Profit Decline

Mashreq Bank
August 1st, 2017 - 08:29 GMT

Mashreq Bank Appoints New Head of Private Banking

The contract covers the design and construction of the main works for 1,296 villas
August 1st, 2017 - 08:22 GMT

Dubai’s Arabtec Wins Dhs628 Million Contract From Damac for Akoya Oxygen Project

Share Your “Great Moments” at Carrefour
August 1st, 2017 - 08:14 GMT

Share Your “Great Moments” at Carrefour With P&G and Show Your Love to Those Who Make You the Happiest

A celebratory event was organized to mark the successfully transaction on July 30.
August 1st, 2017 - 07:47 GMT

Bank ABC Closes $125 Million Syndicated Loan for Bahrain Commercial Facilities Company

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