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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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Canon Middle East
December 26th, 2016 - 08:33 GMT

Canon Middle East partners with in5 to organise ‘The Dubai Decode Hackathon’

Former UN Secretary-General Ban Ki-moon with TWAS Executive Director Romain Murenzi, who chaired the study panel to create the Technology Bank. (UN-OHRLLS/ Louise Stoddard)
December 26th, 2016 - 08:14 GMT

UN to establish 'milestone' technology bank, headquartered in Turkey

Four Seasons Hotel in Kuala Lumpur
December 26th, 2016 - 08:12 GMT

Four Seasons and Venus assets announce Four Seasons Hotel in Kuala Lumpur, located in premier golden triangle neighbourhood

Group photo
December 26th, 2016 - 07:58 GMT

ADNOC Distribution opens Al Muhathab service station in Umm Al Quwain

Dr. Wasmiya Dalhem Al-Kuwari, Executive Director of Nursing Informatics at HMC
December 26th, 2016 - 07:47 GMT

Nursing Informatics – using information technology to improve patient care

During the event
December 26th, 2016 - 05:40 GMT

Oman Arab Bank honors 51 long service employees

During the event
December 26th, 2016 - 05:23 GMT

DEWA & RTA discuss cooperation and plans to encourage the use of electric vehicles and promote the Green Charger initiative

During the event
December 26th, 2016 - 04:44 GMT

QCDC concludes Professional Career Counselor programme

In recent months, a number of European airlines also resumed direct flights to the popular South Sinai tourist destination, including Turkish, Belgian and Polish companies. (YouTube)
December 25th, 2016 - 01:10 GMT

EgyptAir resumes cargo flights to Moscow over a year after Russian plane crash

The crash in oil prices produced a deficit of SR 366 billion in 2015.  (AFP/FIle)
December 22nd, 2016 - 02:36 GMT

Saudi Arabia's 2017 budget: National deficit reduced to $79B

In the United States, hospital bills could hit approximately $10,000 daily, while sending the traveler back home for emergency treatment could easily set someone back $100,000. (Shutterstock/Federico Rostagno)
December 22nd, 2016 - 11:13 GMT

Remember to pack your travel insurance in case of accidents abroad

Tensions between tech companies and the government reached a fever pitch during Apple’s face-off with the F.B.I. early this year over privacy and security. (Shutterstock)
December 22nd, 2016 - 11:00 GMT

Technology hits and misses in 2016

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