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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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DP World
December 12th, 2016 - 09:38 GMT

Lidl UK to establish distribution operations at DP World London Gateway Logistics Park

Jamal Abdullah Lootah, CEO, Imdaad
December 12th, 2016 - 09:33 GMT

Increase in outsourced FM to boost industry growth

The Founders and Coders boot camps are noncommercial, peer-led programs, meaning that applicants get free training from a cadre of volunteer mentors. (Shutterstock)
December 12th, 2016 - 09:32 GMT

British NGO to launch Nazareth's first coding boot camp in February

Rixos JBR Dubai
December 12th, 2016 - 09:29 GMT

Rixos Hotels to increase to 40 hotels by 2020

Haifaa Mansour, director of Wadjda, the first feature film to be entirely shot in Saudi Arabia.  (Tobias Kowiatzki/Razor Film)
December 12th, 2016 - 09:11 GMT

Dubai launches region's first Arab Film Institute

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
December 12th, 2016 - 09:06 GMT

DEWA is sustainability partner of Arab Social Media Summit 2016

Mashreq & NOVO Cinema
December 12th, 2016 - 09:01 GMT

Mashreq & Novo Cinemas announce strategic partnership on credit cards

The talent requirements for finance and tax professionals will exponentially increase as the VAT rollout approaches.  (Shutterstock)
December 12th, 2016 - 09:00 GMT

VAT implementation will generate thousands of finance jobs in the UAE

Al Marjan Island
December 12th, 2016 - 08:35 GMT

Mövenpick Hotels & Resorts finalises deal to manage beachfront resort on Ras Al Khaimah’s idyllic Al Marjan Island

During the event
December 12th, 2016 - 08:10 GMT

ENOC and Centre of Excellence for Applied Research and Training (CERT) sign agreement to train young national talent for Oil & Gas sector

Egypt devalued the currency by about a third from the former peg of 8.8 against the dollar and allowed it to drift lower. (File photo)
December 12th, 2016 - 08:00 GMT

Egyptian pound needs time to find equilibrium: Sisi

Four Seasons Private Island Maldives
December 12th, 2016 - 07:29 GMT

Now open: Four Seasons first Private Island Escape at Voavah, Baa Atoll, Maldives

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