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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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At present the legislation allows commissions made on the sale of financial products that are sold in the UAE, like some other markets, to be paid up front. (Shutterstock)
December 22nd, 2016 - 11:00 GMT

UAE to reform regulations on controversial commission-based sales of financial products

A recent study discovered that 90 percent of mobile banking applications have serious security problems that could potentially compromise user data. (Shutterstock)
December 22nd, 2016 - 10:00 GMT

Hacker alert: Mideast users of smart devices to reach 598 million in 2018

Comparing revenue items for 2017 with 2016, the government expects an increase in fees revenues by six per cent. (Dubai Media Office)
December 22nd, 2016 - 09:00 GMT

Dubai's 2017 budget: Projected expenditures increased to $12.8B

During the event
December 22nd, 2016 - 08:58 GMT

ENOC offers customers a chance to win 34 cars and AED 19 million in total prizes this Dubai Shopping Festival

Fahad Al Bannai, the mobile technology giant’s CEO
December 22nd, 2016 - 08:46 GMT

Axiom Telecom predicts top mobile technology trends in 2017

Egypt has recently witnessed an acute shortage in imported medicines after their prices increased. (AFP/Anwar Amro)
December 22nd, 2016 - 08:00 GMT

Egypt's pharmacists plead for presidential intervention against medicines price hike

If you familiarize yourself with the most common questions and rehearse your answers, you will be in great shape for your upcoming job interview. (File photo)
December 22nd, 2016 - 07:06 GMT

Don't be tongue-tied: Prepare for common interview questions

Although a lower deficit in 2016 is encouraging, Saudi Arabia faces a tough task to balance its budget by 2020. (File photo)
December 22nd, 2016 - 07:00 GMT

Saudi Arabia's 2017 budget: More spending cuts expected

Qatar Foundation
December 22nd, 2016 - 06:51 GMT

Children’s books donated to Qatar National Library

Georgetown students and Ambassador of Qatar to Austria
December 22nd, 2016 - 06:47 GMT

Georgetown students represent Qatar at international atomic energy conference

During the event
December 22nd, 2016 - 06:40 GMT

DEWA inaugurates 400/132kV substation at Mohammed bin Rashid Al Maktoum Solar Park

During the event
December 22nd, 2016 - 06:31 GMT

HBMSU highlights benefits of learner-centric university in latest ‘Innovation Lab for the Future of Smart Learning’

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