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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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Foreign investments would exceed 75 percent in some of the airports. (File photo)
February 7th, 2017 - 10:12 GMT

Saudi Arabia to privatize 27 airports by mid-2018

AVFM projects an internal rate of return (IRR) in excess of 18 – 21 percent. (Shutterstock)
February 7th, 2017 - 09:49 GMT

Qatar Holding invests $250M in India fund for affordable housing

Ministry of Finance
February 7th, 2017 - 09:38 GMT

MoF organises a series of sessions and meetings on the sidelines of the World Government Summit 2017

DED & ILEA team
February 7th, 2017 - 09:32 GMT

DED allies with International Live Events Association to strengthen business community engagement

Some users have experienced a sudden shutdown when the battery drops to between 50 and 60 per cent and, sometimes, battery drains after attending each call. (Apple)
February 7th, 2017 - 09:11 GMT

Apple recalls 88,770 defective iPhone 6S batteries in the UAE

During the bazaar, the school will run various fun activities for children
February 7th, 2017 - 09:09 GMT

Burgan Bank sponsors Kuwait English School's annual entertaining "Green Unit Bazaar"

Jim McIlvenny
February 7th, 2017 - 09:02 GMT

Jim McIlvenny named as new Dow IMEAT President

Panasonic Avionics facility in DAFZA
February 7th, 2017 - 08:38 GMT

Panasonic Avionics unveiled new hub for customers across the Middle East, Central and Southern Asia and Africa

During the workshop
February 7th, 2017 - 08:31 GMT

Gulf Bank holds exclusive “Innovation and Strategy” workshop for senior management

Many companies aren’t fully aware of the essential training their employees need and would like to have. (Shutterstock)
February 7th, 2017 - 08:31 GMT

Putting your people first: Why you should invest in employee training and development

UAE 5G Innovation Gate
February 7th, 2017 - 08:17 GMT

du and University of Sharjah sign MoU to collaborate on 5G and IoT development as part of U5GIG

The construction timeline for the 2,117km-long $200 billion GCC Railway Network that will link all six countries had been pushed back to 2021 from 2018 in the aftermath of the oil price plunge. (Shutterstock)
February 7th, 2017 - 08:07 GMT

MENA rail projects chug along, but is pan-GCC network a distant reality?

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