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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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Etihad Airways
January 11th, 2017 - 04:40 GMT

Etihad Airways introduces third daily flight to Riyadh

The design for the expansion of the airport has already been completed. (Shutterstock/EQ Roy)
January 10th, 2017 - 12:30 GMT

Qatar's international airport expansion will boost capacity to 65 million passengers

Deloitte
January 10th, 2017 - 12:17 GMT

Deloitte: GCC businesses need to urgently start focusing on getting ready for VAT

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
January 10th, 2017 - 11:52 GMT

DEWA sponsors 10th World Future Energy Summit to support sustainability in the UAE

During the event
January 10th, 2017 - 11:36 GMT

WISE collaboration helps school leaders and teachers motivate students

Attracting foreign oil companies to Lebanon depends on the market conditions. (Shutterstock)
January 10th, 2017 - 11:30 GMT

Lebanon's offshore oil and gas licensing: A cautious approach in an unstable market?

New 2018 Ford F-150
January 10th, 2017 - 10:37 GMT

Ford reveals new F-150; Bronco is back; All-New Ranger coming to North America; company presents vision for city of tomorrow

Officials are hoping to enhance tourism in the ‘city of roses’, which is known for its orchards, greenery and ruins. (Saudi Tourism)
January 10th, 2017 - 10:30 GMT

Saudi Arabia presses forward with plans to develop Taif into summer resort

If a product claims to be the state of the art, read reviews and compare specifications for yourself. (Shutterstock)
January 10th, 2017 - 10:22 GMT

Buyer beware when using online financial resources

HE Khalifa Bin Salem Al Mansouri
January 10th, 2017 - 09:51 GMT

UAE Economic Outlook 2017’ to trace path to sustainability and further diversification

LG’s revolutionary new LG SIGNATURE W7 OLED 4K TV
January 10th, 2017 - 09:32 GMT

LG Electronics earns “Best of the Best” CES 2017 honors for LG Signature Series W7 wallpaper TV

The contract is Petrofac's eleventh in Oman, where they have been operational since 1988. (Petrofac Tunisia)
January 10th, 2017 - 09:30 GMT

Oman: Petrofac inks $600M gas contract in Salalah

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