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BUSINESS

BUSINESS latest

Oil flows shift as Trump raises Hormuz concerns
April 10th, 2026 - 12:05 GMT
Osama Ali

Osama Ali

Oil flows shift as Trump raises Hormuz concerns

ALBAWABA - As rising tensions continue to disrupt international energy markets, U.S. President Donald Trump has cautioned Iran against charging tolls to ships traveling through the Strait of Hormuz. The alert comes after rumors that Tehran would impose fees on oil tankers passing through the vital canal, which could put more pressure on already precarious supply routes. Global oil prices have sharply increased as a result of the ongoing turmoil ...
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Figures indicate that Kuwaiti nationals represent 16.9 per cent of the 2.5 million employed people.  (Shutterstock)
January 17th, 2017 - 06:03 GMT

Hasty Kuwaitization risks problems in health sector

Cora salad grown by hydroponics for illustrative purposes. (Shutterstock)
January 17th, 2017 - 05:21 GMT

Lebanon's startups pioneering hydroponic farming in region

Abu Dhabi Ports launches HSE award
January 17th, 2017 - 04:44 GMT

Abu Dhabi Ports launches HSE award

Souq Murouj
January 17th, 2017 - 04:40 GMT

Ooredoo continues supporting entrepreneurs in Murouj

As part of the week, the 10th World Future Energy Summit (WFES) opens tomorrow at the Abu Dhabi National Exhibition Centre. (Utilities-ME.com)
January 16th, 2017 - 02:00 GMT

The stage is set for Abu Dhabi Sustainability Week 2017

The figures for November 2016 showed the Omanization rate in private companies in Muscat stood at 8.6 percent.  (Oman Air)
January 16th, 2017 - 01:00 GMT

Omanization in private sector targeted in forthcoming labor law

Energy authorities are desperately cash-strapped, in part because of unpaid bills.  (AFP/Mohammed Abed)
January 16th, 2017 - 12:00 GMT

Qatar donates $12M in fuel for Gaza power plant

Students visit to Emirates Steel
January 16th, 2017 - 11:03 GMT

Secondary Technical School (STS) students visit Emirates Steel

Traders and retailers are unable to compensate for the high taxes with purchasing power, as taxes increase and sales decrease, says a spokesman for the Garment Traders Association.  (Shutterstock)
January 16th, 2017 - 11:00 GMT

Jordan's garments industry stripped down due to purchasing paralysis

During the event
January 16th, 2017 - 10:34 GMT

ADX hosts a student delegation from Elon University

Loulwa Al-Ayoubi – Senior External Affairs Manager, Burgan Bank & Abdulmohsen Al-Babtain, Head of Spark Marathon Organizing committee giving awards to winners
January 16th, 2017 - 10:23 GMT

Burgan Bank concludes its 2nd ‘SPARK Marathon 2017’ sponsorship

Prominent newspaper As-Safir closed its doors on Dec. 10 after 42 years of publication.  (File photo)
January 16th, 2017 - 10:00 GMT

Lebanon moves to rescue its flailing media industry

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