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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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Rixos Bab Al Bahr
January 12th, 2017 - 07:44 GMT

Rixos Hotels listed among best hotels in the world

Ericsson
January 12th, 2017 - 07:14 GMT

Ericsson, Qualcomm and AT&T announce collaboration on 5G New Radio trials intended to accelerate wide-scale 5G deployments

Donald Trump visited the Trump-branded golf course at Damac's Akoya Development in 2014. (Twitter/Damac)
January 12th, 2017 - 07:00 GMT

Damac confirms Trump turned down $2B Dubai property proposal

During the event
January 12th, 2017 - 06:53 GMT

Business leaders gather to discuss market shifts at Georgetown Majlis

During the event
January 12th, 2017 - 06:40 GMT

Abu Dhabi Ports’ IBTIKAR receives Gold accreditation from ideasUK

du
January 12th, 2017 - 06:24 GMT

du shareholders approve proposed capital reduction

Economic activity in the oil and gas sector was weak across most of the GCC last year. (AFP/File)
January 12th, 2017 - 06:00 GMT

Weaker GCC economy threatens credit ratings: S&P

If you feel that you need a job change, make sure that you have the planning done ahead of time in order to have a smooth and prosperous career transition. (Pexels)
January 12th, 2017 - 05:15 GMT

New year, new job? Questions to ask yourself before moving on

The partnership with RTA is a giant step for Uber and demonstrates RTA’s keenness to forge partnership with the private sector.  (Arabian Supply Chain)
January 12th, 2017 - 05:00 GMT

Dubai RTA partners with Uber to deploy 14,000 cars

During the event
January 12th, 2017 - 04:40 GMT

MC’s Al Wakra Hospital enhances care for maternity patients

The UAE also plans to increase the percentage of skilled workers – including those who hold a diploma or above – to 40 per cent of the workforce by 2021. (Twitter)
January 11th, 2017 - 12:29 GMT

Better behave: UAE to require good-conduct certificates for expat workers

Egypt's sole gold-exporting mine owned by Australian company Centamin, had paid the government $40 million in profits and $80 million in concession fees since July 2016. (Shutterstock)
January 11th, 2017 - 12:00 GMT

Egypt goes for gold exploration with upcoming mining tenders

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