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BUSINESS

BUSINESS latest

JD Vance in Switzerland
June 21st, 2026 - 11:58 GMT
P. Choiaqo

P. Choiaqo

JD Vance says 16 million barrels of oil flowed through Hormuz in 24 hours

ALBAWABA - It seems that the MOU signed between the U.S. and Iran is slowly becoming reality as oil flows through Hormuz despite Iranian claims of the strait being shut down. On Wednesday, Iran and the U.S. signed a 14-point memorandum of understanding (MOU) with one of its points allowing the free flow of oil without restrictions and blockades from both sides. However, as Israel continues its attacks on Lebanon ...
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During the event
December 28th, 2016 - 08:54 GMT

UAE MoF Undersecretary meets Kazakhstan’s Vice Minister for Investment and Development and signs agreement on the protection and promotion of investment

Burgan Bank will soon announce the lucky winner of Al Thuraya Salary Account monthly draw
December 28th, 2016 - 08:27 GMT

Burgan Bank will soon announce the lucky winner of Al Thuraya Salary Account monthly draw

LG’s new laser projector
December 28th, 2016 - 08:18 GMT

Bright and portable, LG’s new laser projector is designed for home cinema enthusiasts

During the event
December 28th, 2016 - 08:01 GMT

Bank Nizwa named ‘Best Performing Islamic Bank in Oman’ for the second year in a row

AKOYA Play Water Park
December 28th, 2016 - 07:52 GMT

DAMAC Properties introduces AKOYA Play set around a one-of-a-kind water park

The delay stems from an agreement between Emirates and engine supplier Rolls-Royce Group Holdings. (Wikimedia Commons)
December 28th, 2016 - 07:30 GMT

Airbus confirms delivery delay of 12 A380 jets to Emirates

Shoppers get ready for the biggest sale of the year with up to 90% discounts at Majid Al Futtaim shopping malls on Jan 1st, 2017
December 28th, 2016 - 07:06 GMT

Shoppers get ready for the biggest sale of the year with up to 90% discounts at Majid Al Futtaim shopping malls on Jan 1st, 2017

Tourism in Egypt has been struggling since Russia and a number of European countries suspended in late 2015 passenger flights to the popular Egyptian resort of Sharm El-Sheikh. (Shutterstock)
December 28th, 2016 - 06:32 GMT

Egypt's central bank announces $262M fund to upgrade tourist facilities

Asfan's first phase of development was implemented on 1.2 million sq. meters following high technical standards. (File photo)
December 28th, 2016 - 05:38 GMT

Saudi Arabia's new industrial smart city takes shape in Asfan

During the event
December 28th, 2016 - 05:19 GMT

DEWA completes 53% of M-Station expansion

OAB honored by Ministry of Civil Services
December 28th, 2016 - 04:54 GMT

Ministry of Civil Service honors Oman Arab Bank

During the event
December 28th, 2016 - 04:40 GMT

Dubai Customs launches new enhancements at DXB Airport, Terminal 2

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