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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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Interior shot of the new NU-Q building
January 4th, 2017 - 05:55 GMT

NU-Q moves to new state-of-the-art building in Education City

The Palestinian Authority has faced crippling financial crises with regularity since its inception in 1994. (Maan News)
January 4th, 2017 - 05:20 GMT

Over 200 hospital workers strike in Hebron over $7M in unpaid salaries, debts

Al Bawaba
January 3rd, 2017 - 12:00 GMT

Egypt cuts arrears to foreign oil companies to $3.5B

Hotel rates in Oman are higher than many European countries. Muscat's Grand Hyatt.  (Shutterstock/EQRoy)
January 3rd, 2017 - 11:00 GMT

Book a bargain: Oman's luxury hotels slash rates up to 40 percent to boost occupancy

Golden Steering Wheel Award
January 3rd, 2017 - 10:40 GMT

Jaguar XF wins Golden Steering Wheel Award for Best Saloon car

Tunisian Prime Minister Youssef Chahed in Tunis, November 2016.  (AFP/Fethi Belaid)
January 3rd, 2017 - 10:38 GMT

Tunisia's poverty rate drops nearly five percent in five years

Buses allegedly torched by disgruntled Binladin construction workers. (Telesurtv.net)
January 3rd, 2017 - 10:15 GMT

Saudi court hands down jail, flogging sentences to 49 rioting Binladin Group workers

OAB Visa Partnership
January 3rd, 2017 - 10:12 GMT

Oman ArabBank signs strategic partnership with Visa

Representatives of Bank Nizwa and the Directorate
January 3rd, 2017 - 10:01 GMT

Bank Nizwa supports Omani educators during career development program in Izki

Apple TV revolutionized TV viewing by condensing viewing preferences into app form. (AFP/File)
January 3rd, 2017 - 09:57 GMT

Our top five gadgets of 2016

Al Danah Millionaire Draw
January 3rd, 2017 - 09:49 GMT

Gulf Bank unveils “Catch the Cash” competition at the Al Danah Millionaire Draw

During the event
January 3rd, 2017 - 09:27 GMT

Dubai Investments breaks ground on ‘Mirdif Hills’ project

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