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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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The agreement with Airbus will not be worth more than 10 billion dollars since the A380s have been dropped from the contract. (Wikimedia Commons)
December 19th, 2016 - 10:00 GMT

Iran Air finalizes purchase of 100 Airbus planes

For those who want to secure a police clearance certificate, they need to start the process with the nearest UAE embassy. (Shutterstock)
December 19th, 2016 - 09:59 GMT

Returning to the UAE after running away from debt

Etisalat Strategic Suppliers Conference
December 19th, 2016 - 09:19 GMT

Huawei secures top spot at Etisalat Strategic Suppliers Awards

With this new introduction, users can get instant access to a variety of games on Karti
December 19th, 2016 - 09:16 GMT

du simplifies gaming with convenient mobile payments on Karti store

Oman’s first commercial renewable power project is already in operation in Al Mazyunah in Dhofar region. (Shutterstock)
December 19th, 2016 - 09:00 GMT

Oman's diversification program sets ten percent renewable energy target

Open skies agreements between the GCC and EU were thrown into question following the UK's Brexit vote. (Shutterstock)
December 19th, 2016 - 08:00 GMT

UAE, Sweden sign open skies agreement

Announced in April, the Vision 2030 strategy sets 9.5 GW as an ‘initial target’ to help build the renewables sector, noting that energy consumption will triple in the next 14 years. (Shutterstock)
December 19th, 2016 - 07:00 GMT

High demand for solar energy in Saudi is a landmark opportunity for investors: Report

Careem Founders
December 19th, 2016 - 06:45 GMT

Careem closes first tranche in $500 million funding round led by Rakuten and Saudi Telecom Company

Dr. Karim El Solh, Chief Executive Officer of Gulf Capital
December 19th, 2016 - 06:41 GMT

Gulf Capital closes its second private debt fund above its $250 million target

If the position you are applying to differs from the fields you have previously worked in, a specific CV must highlight your experiences and skills in order to showcase your qualifications that fit this new area. (Shutterstock)
December 19th, 2016 - 06:29 GMT

When one CV is not enough

Tabet explained that much of the real estate slump could also be attributed to risk-averse attitudes within the Lebanese diaspora community.  (File photo)
December 19th, 2016 - 06:00 GMT

Lebanon: Post-election, a subdued mood reigns at property festival

During the event
December 19th, 2016 - 05:19 GMT

Dubai SME and Tejari join hands to boost SME participation in government procurement

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