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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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OPEC's production agreement enters into force in January, though producers are already pumping oil at record levels. (File photo)
December 14th, 2016 - 08:00 GMT

IEA cautions against high-risk oil investment in wake of OPEC deal

Many of us tend to make unhealthy decisions in the office due to stress, boredom, or more likely due to the lack of time.  (Shutterstock)
December 14th, 2016 - 07:27 GMT

Get a head start on New Years resolutions: Healthy snacks for the office

SeaWorld Abu Dhabi will be the company’s first new park without orcas, and will integrate up-close animal experiences, mega attractions and an aquarium. (SeaWorld)
December 14th, 2016 - 07:00 GMT

SeaWorld Abu Dhabi to open on Yas Island by 2022

Participants of the recent tree planting activity organised by the Qur’anic Botanic Garden (QBG)
December 14th, 2016 - 06:44 GMT

Qur'anic Botanic Garden teams up with Philippine Institute of Civil Engineers for tree planting event

During the visit
December 14th, 2016 - 06:36 GMT

DP World Group Chairman and CEO meets President of Vietnam

Egypt has been negotiating billions of dollars in aid from various lenders to help revive its economy, battered by political and economic upheaval since a 2011 uprising. (Shutterstock)
December 14th, 2016 - 06:25 GMT

AfDB approves second tranche of $500M loan to Egypt

During the event
December 14th, 2016 - 05:40 GMT

PepsiCo concludes first edition of AMWAJ Sustainability and Entrepreneurship Forum

Dubai has been on cloud companies’ radar as most of the top tech companies have a base in the emirate. (File photo)
December 14th, 2016 - 05:19 GMT

Amazon Web Services to take on Alibaba Cloud with new Dubai and Bahrain offices

Damac
December 14th, 2016 - 05:14 GMT

DAMAC Properties Awards 15 major contracts worth AED 1.26 Billion from August to November 2016

During the event
December 14th, 2016 - 04:54 GMT

Ooredoo Kuwait wins 3 ‘Creativity Award’ trophies

During the event
December 14th, 2016 - 04:40 GMT

MD & CEO receives General Electric delegation

Ford
December 13th, 2016 - 12:59 GMT

New design. New interface. New languages. New features: Ford brings Intelligent SYNC®3 Infotainment System to the Middle East

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