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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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The shipping route between Iran's Shahid Rajaee and the Omani port of Sohar was made operational on 4 February 2016. (MaritimeDirectory.com)
January 8th, 2017 - 10:00 GMT

Direct shipping line expected to boost Iran's exports to Oman to $600M

Prince died on April 21, 2016 at the age of 57 and did not leave a will despite having an estate reportedly worth around $300 million. (AFP/Bertrand Guay)
January 8th, 2017 - 09:34 GMT

Writing a will: Not just for the rich and famous

Novo Cinemas with 7* luxury service
January 8th, 2017 - 09:29 GMT

Qatar Airways partners with Novo Cinemas with 7* luxury service

New taxes will be added to the existing ones, which are 100 percent on tobacco and alcohol, and that the total taxation on such products will become 200 per cent. (Pixabay)
January 8th, 2017 - 09:00 GMT

Price hike alert: GCC gears up for higher taxes on tobacco, soft drinks, luxury cars

Rixos Bab Al Bahr, Ras Al Khaimah
January 8th, 2017 - 08:46 GMT

Inferno Night Club opens Its doors at Rixos Bab Al Bahr, Ras Al Khaimah

Oman Oil Marketing Company makes final call for Tasweik applications
January 8th, 2017 - 08:40 GMT

Oman Oil Marketing Company makes final call for Tasweik applications

Samsung new Smart TV
January 8th, 2017 - 08:33 GMT

Samsung to launch personalized Smart TV services at CES 2017

In order to direct your career in banking and finance on the right path, you need to make use of the most effective tools and strategies to land your ideal job or to move up the career ladder. (Shutterstock)
January 8th, 2017 - 08:33 GMT

Kickstart your career in banking and finance

The region's smart cities initiatives present an opportunity to grow cyber security expertise in areas where it doesn't exist elsewhere. (Shutterstock)
January 8th, 2017 - 08:00 GMT

GCC's smart cities present opportunities to grow local cyber security talent

LG Hub Robot
January 8th, 2017 - 07:46 GMT

LG expands IoT ecosystem with lineup of futuristic robotic products

The new LUMIX GH5
January 8th, 2017 - 07:05 GMT

Panasonic unveils LUMIX GH5 featuring World’s First 4K 60p/50p, 4:2:2 10-bit Video Recording and Agile Mobility

Celebrity Constellation, MSC Fantasia and Aida Cruises and nine regional rotational callers are confirmed so far for Abu Dhabi's cruise season. (Presseportal)
January 8th, 2017 - 07:00 GMT

Smooth sailing: Abu Dhabi cruise sector marks record growth

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