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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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Whether you’re a company, top athlete, or a hyper successful employee, think like a competitor not a champion. (File photo)
December 20th, 2016 - 06:30 GMT

Corporate slippage: Avoid the danger of becoming complacent at the top

Kenza Restaurant
December 20th, 2016 - 06:10 GMT

Holiday cheers at Ramada Downtown Dubai

Apple will become the largest office tenant when it moves 1,400 staff to a six-floor office space in the old central boiler house of Battersea Power Station. (Battersea Power Station)
December 20th, 2016 - 06:05 GMT

Beyond London's golden postcodes: Arab investors eye Battersea Power Station properties

During the event
December 20th, 2016 - 05:40 GMT

GFH’s Tunis Financial Harbour to complete infrastructure works

During the event
December 20th, 2016 - 05:35 GMT

DEWA organises Energy Storage workshop in cooperation with CENER

Even at full capacity, Egyptian and Israeli electricity grids, together with Gaza's sole power plant, fail to cover the Gaza Strip’s energy needs and only provide energy to Gaza’s inhabitants for eight hours each day. (Shutterstock)
December 20th, 2016 - 05:27 GMT

Gaza's power company accuses Israel of delaying electricity line repairs

During the event
December 20th, 2016 - 05:14 GMT

Gulf Bank sponsors first annual exhibition on nutrition and health

During the event
December 20th, 2016 - 04:40 GMT

Burgan Bank invited its premier customers to attend the first screening of “Star Wars – Rouge One” movie for free at Grand Cinemas!

In June 2016, Etihad announced a freeze on recruitment of 'non-essential' staff. (File photo)
December 19th, 2016 - 12:30 GMT

Etihad Airways confirms layoffs to cut costs

The sunshades are normally in use from 7 a.m. to 5 p.m., but worshippers noticed that they were not unfolding during Friday prayers for the past three weeks.  (Okaz)
December 19th, 2016 - 12:09 GMT

Prophet's Mosque: Payment dispute leaves pilgrims without shade

Even as even most developments in Dubai were once targeted at the wealthy investor and marketed as luxury properties, there has been a marked shift towards more affordable projects. (Shutterstock)
December 19th, 2016 - 11:39 GMT

Will 2017 be the year of affordable housing in Dubai?

For Apple, the future is wireless. (Apple)
December 19th, 2016 - 11:04 GMT

How to use your Apple AirPods on Android, Windows devices

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