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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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A desire to diversify investment beyond the domestic market has also been a key driver for Saudis investing in Dubai real estate. (Shutterstock)
January 11th, 2017 - 11:09 GMT

Saudi thirst for Dubai properties undeterred by low oil prices

Urban consumer inflation hit an eight-year high of 19.4 percent in November, when Egypt abandoned its currency peg of 8.8 to the dollar.  (Shutterstock)
January 11th, 2017 - 10:00 GMT

Egypt: Inflation reaches second eight-year high as pound continues to plummet

Samsung Electronics recognized for design and technology innovation at the 2017 Consumer Electronics Show
January 11th, 2017 - 09:53 GMT

Samsung Electronics recognized for design and technology innovation at the 2017 Consumer Electronics Show

Land Rover rolls out new Qatar Discovery Sport #WeekendAdventure episode
January 11th, 2017 - 09:43 GMT

Land Rover rolls out new Qatar Discovery Sport #WeekendAdventure episode

During the event
January 11th, 2017 - 09:15 GMT

Burgan Bank announces sponsorship of ‘SPARK Marathon 2017’

Ooredoo’s Johan Buse, Chief Commercial Officer
January 11th, 2017 - 09:07 GMT

Ooredoo transforms digital experience with the launch of their new app

Arrivals at Jeddah Airport. (AFP/Fayez Nureldine)
January 11th, 2017 - 09:00 GMT

Saudi Arabia to fast-track business visas for foreign investors within 24 hours

During the event
January 11th, 2017 - 08:50 GMT

Dubai Culture signs MoU to provide reading opportunities at Dubai Airports

Unlike with the new Apple Watch, given the S3 is only water resistant, not waterproof. (Samsung)
January 11th, 2017 - 08:46 GMT

Samsung Gear S3 review: A worthy Apple Watch rival

Bank Nizwa - Shari'a Supervisory Board Meeting
January 11th, 2017 - 08:41 GMT

Bank Nizwa approves proposals for new products and services during Shari’a supervisory board meeting

During the event
January 11th, 2017 - 08:15 GMT

HMC Orthopedic department holds 4th review course

Earlier this month ratings agency Fitch set  Oman’s long term foreign and local currency issuer default rating to BBB with a stable outlook. (File photo)
January 11th, 2017 - 08:00 GMT

Oman rejects reports on 'secret' Gulf talks for multi-million dollar Central Bank deposit

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