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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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Under the timeline announced in March last year, shops owners were given just three months to make sure 50 percent of their staff were Saudi, and 100 percent by September.  (Shutterstock)
January 5th, 2017 - 11:00 GMT

Saudization of mobile sector: Who's to blame for the shortcomings in implementation?

During the event
January 5th, 2017 - 10:09 GMT

Huawei participates at the Middle East’s most prestigious telecom event and wins “Best Vendor Innovation” award for 2016

Fitch said that the government is planning to meet two-thirds of its financing need through external debt issuance, and the remainder through reserve draw-downs. (File photo)
January 5th, 2017 - 10:00 GMT

Oman: Fitch forecasts growth as it maintains 'stable' outlook rating

Dieter Neupert
January 5th, 2017 - 09:33 GMT

The Secret Dealings of Swiss Lawyer Dieter Neupert

For many of us, the New Year is a perfect time to reassess our lives, including our financial goals. (Shutterstock)
January 5th, 2017 - 09:13 GMT

Resolve to improve financial health before wealth

The regulations specify four licence categories under which entities can provide digital payments services: retail, micropayment, government and non-issuing. (Shutterstock)
January 5th, 2017 - 09:00 GMT

UAE issues regulations on online payments

4K HDR home theatre projector
January 5th, 2017 - 08:55 GMT

Sony launches a new era of home displays with the VPL-VZ1000ES Ultra Short Throw 4K HDR home theatre projector

Nissan Altima
January 5th, 2017 - 08:48 GMT

Nissan streamlines customer experience from the start, with Nissan Drive Innovation

In spite of the high failure rate, a surprising 60 per cent of us will make exactly the same resolution next year, when the vast majority of us will fail again. (Shutterstock)
January 5th, 2017 - 08:43 GMT

Abandoned your New Year's resolutions already? It might make you happier and healthier

LG brings expanded 2017 audio lineup to CES
January 5th, 2017 - 08:24 GMT

LG brings expanded 2017 audio lineup to CES

A total of 655,675 Syrians are registered as refugees with the UNHCR in Jordan, but officials estimate that the number of Syrians living in Jordan is over 1.3 million. (AFP/Khalil Mazraawi)
January 5th, 2017 - 08:00 GMT

Syrian refugees in Jordan: Child marriage, trauma, poverty hampering educational progress

Samsung's latest Gear S3, available in both Classic and Frontier models, were released late last year and offer an alternative to Apple Watch's rectangular shape. (Samsung)
January 5th, 2017 - 07:41 GMT

Apple compatibility for Samsung Gear is here

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