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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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KSA, UAE, Kuwait, Qatar, Bahrain, and Oman emerge with the most respondents who are extremely satisfied with their working hours and the support they receive from colleagues and coworkers. (Shutterstock)
January 24th, 2017 - 07:30 GMT

The Happiness Survey: Wellbeing and satisfaction in the Middle East

The aircraft are currently based in Abu Dhabi’s Al Bateen Airport, and only fly to destinations in the GCC region as they cannot fly longer than around three hours. (GI Aviation)
January 24th, 2017 - 07:00 GMT

Luxury for less: GI Aviation debuts cut-price private jets

Children listen to a talk presented by Qatar National Library (QNL) at the ‘The Beacon of Knowledge and Light’ festival
January 24th, 2017 - 06:57 GMT

‘The Beacon of Knowledge and Light’ festival proves a great success

Emirates Airline
January 24th, 2017 - 06:52 GMT

Emirates is launching special offers for trips to Dubai

Etihad Airways
January 24th, 2017 - 06:48 GMT

Etihad Aviation Group announces President and Chief Executive Officer transition process

ADNOC
January 24th, 2017 - 06:30 GMT

ADNOC Distribution unveils ADNOC xpress station concept in Abu Dhabi

Galaxy Note7
January 24th, 2017 - 06:20 GMT

Samsung Electronics announces cause of Galaxy Note7 incidents in press conference

Nazaha said it found irregularities in eight contracts worth more than SR80 million, which were intended to purchase licenses to implement an electronic program to unify the company’s systems. (Shutterstock)
January 24th, 2017 - 06:00 GMT

Saudi Electricity Company employees embroiled in $21M corruption case

The conclusion came after about 700 Samsung researchers and engineers replicated the incidents by testing more than 200,000 fully-assembled devices and more than 30,000 batteries. (File photo)
January 24th, 2017 - 05:57 GMT

Samsung blames faulty batteries for Galaxy Note 7 fires

Sheikh Adel Aujan (right), chairman, Aujan Group Holding, and Muhtar Kent, chairman and CEO, The Coca-Cola Company, celebrate the billionth can of Rani produced under their partnership. (Coca-Cola)
January 24th, 2017 - 05:32 GMT

'King of Vimto and Rani', Saudi businessman Sheikh Adel Aujan dies

During the event
January 24th, 2017 - 04:44 GMT

MD & CEO of DEWA inaugurates ABB’s 315kW solar power plant

During the event
January 24th, 2017 - 04:40 GMT

Ooredoo participates in Protégés Graduation

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