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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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 Development Minister, Lutfi Elvan. (File photo)
February 2nd, 2017 - 12:00 GMT

Turkey’s an attractive country for foreign investments, says Development Minister

The average person in the UAE owes $11,590 in debt, often the form of credit card balances and car loans. (Shutterstock)
February 2nd, 2017 - 11:14 GMT

Don’t let debt take control: UAE personal loans reach staggering $118 billion

A new live-streaming location function can let group members in a chat know each other's locations in real time. (Shutterstock)
February 2nd, 2017 - 11:04 GMT

Don’t be late! WhatsApp feature can tell your boss your location

The UAE is looking to diversify its market beyond oil exports. (Shutterstock)
February 2nd, 2017 - 11:00 GMT

UAE’s non-oil trade in 2016 shows almost flat growth compared to 2015

Sixty winners with Gulf Bank’s ‘Win Big’ campaign in collaboration with Lulu Hypermarket!
February 2nd, 2017 - 10:50 GMT

Sixty winners with Gulf Bank’s ‘Win Big’ campaign in collaboration with Lulu Hypermarket!

Mövenpick Asara Resort & Spa Hua Hin
February 2nd, 2017 - 10:09 GMT

Mövenpick Hotels & Resorts announces rebranding of a luxury villa resort in Hua Hin, Thailand

The US previously implemented wheat grants in Jordan worth a total of $36 million.
February 2nd, 2017 - 10:04 GMT

Jordan signs deal to receive 100,000 tons of wheat from US in food aid

During the event
February 2nd, 2017 - 10:00 GMT

Distinguished Regional External Program consultants honored with Hallab Service Excellence Award at AUB

Empower CEO Ahmad Bin Shafar
February 2nd, 2017 - 09:52 GMT

Empower runs a successful blood donation campaign

Tarek Amer, governor of the Central Bank of Egypt, speaks during a recent press conference in Cairo. (AFP/File)
February 2nd, 2017 - 09:48 GMT

Egypt’s Central Bank receives $4 billion from Eurobonds issuance

Sony
February 2nd, 2017 - 09:44 GMT

Sony’s RM-IP500 remote controller delivers greater flexibility and easier operation of PTZ cameras for lecture capture and event production

Khalid Al Ameri with AUD Students during the talk
February 2nd, 2017 - 09:41 GMT

A Talk with Khalid Al Ameri at AUD

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