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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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Virtual reality travel has already been popularised by Marriott International with its Travel Brilliantly campaign, which focused heavily on promoting destinations first. (Shutterstock)
January 2nd, 2017 - 07:02 GMT

Tech trends that will shape Mideast travel and tourism in 2017

Emaar Properties
January 2nd, 2017 - 06:30 GMT

Emaar Properties and Twitter Partner to live stream New Year’s Eve fireworks in Dubai

Gulf Bank
January 2nd, 2017 - 06:15 GMT

Gulf Bank announces the winners of the Al Danah Daily Draws for the week of 18 December – 22 December 2016

In order to target high employee loyalty, you should start with promoting your unique culture and explaining why it is a place worth staying at. (Shutterstock)
January 2nd, 2017 - 06:15 GMT

How a progressive company culture impacts employee retention

Hamad Medical Corporation
January 2nd, 2017 - 06:12 GMT

HMC and PHCC will work together to deliver integrated mental health care services

Dubai's New Year
January 2nd, 2017 - 06:09 GMT

Downtown Dubai gears up to welcome visitors for the panoramic New Year’s Eve Gala

Yasser Zeineldin, eHosting DataFort addressing the audience
January 2nd, 2017 - 06:01 GMT

eHosting DataFort and Symantec host an exclusive seminar on Cyber Security

2016 has witnessed the lowest traded price of Oman oil, where the price dropped to less than $24 in January.  (Shutterstock)
January 2nd, 2017 - 06:01 GMT

Oman's 2017 budget tackles cheap oil with austerity measures, privatization

LG Electronics
January 2nd, 2017 - 04:40 GMT

LG Robots to take center stage at CES 2017

Hotels are hoping that President Michel Aoun will visit Gulf countries very soon to encourage them to lift the travel ban they imposed on Lebanon earlier this year. (AFP/Anwar Amro)
January 1st, 2017 - 07:19 GMT

Beirut rings in the New Year with jump in hotel bookings

The Authority has teamed up with US-based theme park operator Six Flags, who plans to open at least three parks in the kingdom.  (Six Flags)
December 29th, 2016 - 12:30 GMT

Fun times ahead: Saudi Arabia's General Entertainment Authority board appointed

Egypt aspires to increase its oil and gas production to meet the growing domestic demand for energy. (File photo)
December 29th, 2016 - 11:30 GMT

New Egyptian oil and gas agreements worth $220M

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