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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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During the event
December 13th, 2016 - 09:24 GMT

Burgan Bank wins International Quality Crown Award in Diamond Category from Business Initiative Directions

The new banknotes will be more secure to reduce forgeries. (File photo)
December 13th, 2016 - 09:00 GMT

Saudi Arabia's new currency is a tribute to King Salman

Familiarise yourself with what makes for a perfect time for your purchase. (Shutterstock)
December 13th, 2016 - 08:40 GMT

Does window shopping encourage impulsive buying?

A framework deal signed last year called for up to $5 billion in total investments in offshore Egypt. (File photo)
December 13th, 2016 - 08:00 GMT

Eni sells 30 percent stake in Zohr gas field to Russia's Rosneft for $1.6B

It’s important to be yourself while writing your opinion. (Shutterstock)
December 13th, 2016 - 07:52 GMT

Five tips to boost your blog

Education, healthcare, and infrastructure highly impact the standard of living in each city across the MENA.  (File photo)
December 13th, 2016 - 07:20 GMT

Top cities to live and work in MENA: Bayt survey

Dubai is aiming for an environmentally-friendly energy mix, with 25 percent from solar energy, 7 percent each from nuclear power and clean coal, and 61 percent from gas by 2030. (WAM)
December 13th, 2016 - 07:02 GMT

ACWA-DEWA JV receives $2.47B financing for clean coal project

During the event
December 13th, 2016 - 06:42 GMT

ROTA volunteers contribute to wellbeing of migrant workers in Qatar through better connections programme

Qatar Airways
December 13th, 2016 - 06:37 GMT

Qatar Airways unites FC Barcelona and Al-Ahli Saudi FC for Qatar Airways Cup

During the event
December 13th, 2016 - 06:34 GMT

Rotana brings home two awards from the World Travel Awards Grand Final 2016 in Maldives

Mr. Ghazi Abduljawad, Dr. Khaled Al-Fayez (former GIB CEOs) and H.E. Sh. Hamad Al Sayari, Ex-Governor of SAMA at the event
December 13th, 2016 - 06:31 GMT

GIB celebrates its 40th anniversary and launches its new corporate identity in Bahrain

During the event
December 13th, 2016 - 06:23 GMT

Dubai Customs bags 3 awards from Ideas UK 2016

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