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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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The “Housing and Car Grants” program is one of the foundation’s long term initiatives, targeting Saudi citizens that are not eligible to apply for grants from the Ministry of Housing and Infrastructure. (Alwaleed Philanthropies)
December 20th, 2016 - 07:00 GMT

Saudi Prince Al Waleed grants free housing, cars to 2,600 citizens

IMF chief Christine Lagarde next to a Gendarme prior to the start of her trial before the Court of Justice of the Republic, a special tribunal used to try ministers. (AFP/Martin Bureau)
December 20th, 2016 - 06:52 GMT

IMF chief Christine Lagarde found guilty of negligence, escapes punishment

Qatar Foundation
December 20th, 2016 - 06:35 GMT

QBG adds ‘A Flower Each Spring’ to its educational initiatives

Whether you’re a company, top athlete, or a hyper successful employee, think like a competitor not a champion. (File photo)
December 20th, 2016 - 06:30 GMT

Corporate slippage: Avoid the danger of becoming complacent at the top

Kenza Restaurant
December 20th, 2016 - 06:10 GMT

Holiday cheers at Ramada Downtown Dubai

Apple will become the largest office tenant when it moves 1,400 staff to a six-floor office space in the old central boiler house of Battersea Power Station. (Battersea Power Station)
December 20th, 2016 - 06:05 GMT

Beyond London's golden postcodes: Arab investors eye Battersea Power Station properties

During the event
December 20th, 2016 - 05:40 GMT

GFH’s Tunis Financial Harbour to complete infrastructure works

During the event
December 20th, 2016 - 05:35 GMT

DEWA organises Energy Storage workshop in cooperation with CENER

Even at full capacity, Egyptian and Israeli electricity grids, together with Gaza's sole power plant, fail to cover the Gaza Strip’s energy needs and only provide energy to Gaza’s inhabitants for eight hours each day. (Shutterstock)
December 20th, 2016 - 05:27 GMT

Gaza's power company accuses Israel of delaying electricity line repairs

During the event
December 20th, 2016 - 05:14 GMT

Gulf Bank sponsors first annual exhibition on nutrition and health

During the event
December 20th, 2016 - 04:40 GMT

Burgan Bank invited its premier customers to attend the first screening of “Star Wars – Rouge One” movie for free at Grand Cinemas!

In June 2016, Etihad announced a freeze on recruitment of 'non-essential' staff. (File photo)
December 19th, 2016 - 12:30 GMT

Etihad Airways confirms layoffs to cut costs

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