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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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Team building activities are important not only for the immediate experience of the activities performed by the team, but also for group skills, communication and bonding.  (Shutterstock)
December 29th, 2016 - 07:59 GMT

Teamwork makes the dream work

HE Saif Al Falasi- ENOC Group CEO
December 29th, 2016 - 07:55 GMT

ENOC recognises service station staff for fire emergency response efforts in 2016

LG Air Conditioner
December 29th, 2016 - 07:44 GMT

LG pushes smart home appliances forward with Deep Learning Technology

Between 2012-2015 more than 28,600 old fuel-run cars were scrapped and exchanged for hybrid vehicles. (Shutterstock)
December 29th, 2016 - 07:39 GMT

Jordan extends deadline for used cars-hybrid swap to end 2017

Dr. Hassan Al Thani, Head of Trauma Services at HMC
December 29th, 2016 - 07:33 GMT

HMC’s Trauma Center hosts four-day congress

A number of Egyptian investors took out a full-page newspaper advertisement calling on President Sisi to take "emergency measures" to save Egyptian companies. (File photo)
December 29th, 2016 - 07:30 GMT

Staving off bankruptcy: Egypt's central bank approves forex debt arrangement for local companies

OPEC and non-OPEC members agreed to meet Jan. 13 to review compliance with recent agreements to start cutting production next week. (File photo)
December 29th, 2016 - 06:30 GMT

As oil production cut compliance date nears, Iraqi statement edges crude prices higher

Russia is among the emirate's top 20 source markets. (Shutterstock/Ardiwebs)
December 29th, 2016 - 05:48 GMT

Dubai tourism: The Russians are back thanks to rebounding rouble

The UAE education ministry has launched a campaign for retired teachers to possibly return to the profession. (UAEinteract.com)
December 28th, 2016 - 01:00 GMT

UAE's acute teacher shortage remains a pressing concern

Approximately a year ago, ABK completed the acquisition of Piraeus Bank Egypt for $150 million. (LinkedIn)
December 28th, 2016 - 12:30 GMT

Al Ahli Bank of Kuwait launches rebranded ABK in Egypt after Piraeus Bank takeover

MEA Chairman Mohamad al-Hout announced previously that the Middle East Airlines is negotiating the acquisition of four additional wide-body aircrafts to beef up its current fleet. (Wikimedia Commons)
December 28th, 2016 - 12:00 GMT

Lebanon: SGBL to finance MEA's Airbus purchase

Exhibition stand at Playworld Middle East in Dubai. (Nstands.com)
December 28th, 2016 - 11:00 GMT

It pays to play: UAE drives MENA demand for children's toys

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