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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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During the event
February 8th, 2017 - 06:30 GMT

DEWA 2021 strategy updated for government of the future and 4th Industrial Revolution

Sharjah's recently unveiled Dh22 billion budget for 2017, the highest in the emirate's history, is a sign of the emirate's commitment towards a truly global strategy.  (Shutterstock)
February 8th, 2017 - 06:27 GMT

Global Cities of the Future: Sharjah, Dubai make top ten list for connectivity

Participants of Qatar Biobank undergo a range of tests during their visits
February 8th, 2017 - 06:24 GMT

Qatar Biobank paves the way for precision treatment of preventable diseases

During the event
February 8th, 2017 - 06:20 GMT

Dubai Supreme Council of Energy reviews progress on key clean energy projects and programmes

Hamad Medical Corporation
February 8th, 2017 - 06:12 GMT

HMC warns the public of the danger of burning charcoal and wood indoors

A passenger from a Riyadh, Saudi Arabia inbound flight, arrives at the international arrivals hall at Washington Dulles International Airport February 6, 2017. (AFP/Brendan Smialowski)
February 8th, 2017 - 06:09 GMT

US visa application process resumes in Saudi Arabia

During the event
February 8th, 2017 - 06:07 GMT

National Bank of Fujairah recognised for commitment to nurturing talent with accolade for ‘Best HR Team’ at Gulf Employee Experience Awards

File photo from a Mahalla strike in 2011.
February 8th, 2017 - 05:18 GMT

Nearly 3000 workers from Egypt's Mahalla Textile join latest strike action

Abu Dhabi Ports Company
February 8th, 2017 - 04:44 GMT

Abu Dhabi Ports honours first enrolled batch of Coastal Seafaring course

During the event
February 8th, 2017 - 04:40 GMT

Ooredoo the safest telecom in Kuwait for credit card transactions

Despite a regional slowdown caused by low oil prices, ongoing investment in the GCC’s industrial infrastructure remains strong. (Shutterstock)
February 7th, 2017 - 02:36 GMT

Gulf Industry Fair 2017 opens in Bahrain

Snapchat, which was first launched in 2011 as Picaboo, currently has over 150 million daily active users worldwide, who create over 2.5 million ‘snaps’ per day. (Shutterstock/Ink Drop)
February 7th, 2017 - 02:13 GMT

Snap Inc. opens first Middle East office in Dubai Internet City

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