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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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OPEC’s 13 members and 11 other producers have trimmed output by more than 1.5 million barrels a day since the deal started this year, out of a pledged 1.8 million (Shutterstock)
January 26th, 2017 - 12:00 GMT

Kuwait to spend $115B in energy over five years, sees oil market balance this year

The Crown Prince of Abu Dhabi General Sheikh Mohammed Bin Zayed Al Nahyan (C) is met by Indian Prime Minister Narendra Modi (R) and Indian President Pranab Mukherjee (L) in New Delhi January 25, 2017. (AFP/Money Sharma)
January 26th, 2017 - 11:00 GMT

UAE-India form Comprehensive Strategic Partnership, ink ADNOC oil storage deal

CommVault
January 26th, 2017 - 10:49 GMT

New Commvault innovations drive continued global customer momentum

During the event
January 26th, 2017 - 10:37 GMT

MoF organises a donation campaign for Aleppo

Gold is often seen as a safe-haven investment in times of geopolitical and financial uncertainty. (Shutterstock)
January 26th, 2017 - 10:12 GMT

Golden opportunity: Is it time to be bullish on bullion?

The country’s Article 88 Labour Law allows firms to fire workers for poor financial performance, low revenue and a general economic slowdown.  (AFP/Hassan Amar)
January 26th, 2017 - 10:00 GMT

Saudi layoffs 'lack creativity' in dealing with downturn: Experts

Members of the press at Davos 2017. (AFP/Fabrice Coffrini)
January 26th, 2017 - 09:41 GMT

Saudi Arabia scored a PR win at Davos 2017

Ericsson
January 26th, 2017 - 09:38 GMT

Ericsson and Pole Star Space Applications announce strategic partnership

The ocean tank will have 1.7 million litres of sea water and will be stocked with fish and sharks from the coasts of Oman.  (Crossley Architects)
January 26th, 2017 - 09:00 GMT

Oman's Palm Mall Aquarium on track for 2018 opening

Dr. Assaad Farah speaks Strategic HR
January 26th, 2017 - 08:36 GMT

AUD on Strategic Human Resources

Kempinski Hotel & Residences Palm Jumeirah to host Kempinski Avenues 2017
January 26th, 2017 - 08:05 GMT

Kempinski Hotel & Residences Palm Jumeirah to host Kempinski Avenues 2017

The index reflected an increase in “petty corruption” among some public servants, suggesting that corruption is no longer limited to those with influence and power.  (Shutterstock)
January 26th, 2017 - 08:00 GMT

Not squeaky clean, but Jordan improves ranking on anti-graft index

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