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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 sunshades are normally in use from 7 a.m. to 5 p.m., but worshippers noticed that they were not unfolding during Friday prayers for the past three weeks.  (Okaz)
December 19th, 2016 - 12:09 GMT

Prophet's Mosque: Payment dispute leaves pilgrims without shade

Even as even most developments in Dubai were once targeted at the wealthy investor and marketed as luxury properties, there has been a marked shift towards more affordable projects. (Shutterstock)
December 19th, 2016 - 11:39 GMT

Will 2017 be the year of affordable housing in Dubai?

For Apple, the future is wireless. (Apple)
December 19th, 2016 - 11:04 GMT

How to use your Apple AirPods on Android, Windows devices

The agreement with Airbus will not be worth more than 10 billion dollars since the A380s have been dropped from the contract. (Wikimedia Commons)
December 19th, 2016 - 10:00 GMT

Iran Air finalizes purchase of 100 Airbus planes

For those who want to secure a police clearance certificate, they need to start the process with the nearest UAE embassy. (Shutterstock)
December 19th, 2016 - 09:59 GMT

Returning to the UAE after running away from debt

Etisalat Strategic Suppliers Conference
December 19th, 2016 - 09:19 GMT

Huawei secures top spot at Etisalat Strategic Suppliers Awards

With this new introduction, users can get instant access to a variety of games on Karti
December 19th, 2016 - 09:16 GMT

du simplifies gaming with convenient mobile payments on Karti store

Oman’s first commercial renewable power project is already in operation in Al Mazyunah in Dhofar region. (Shutterstock)
December 19th, 2016 - 09:00 GMT

Oman's diversification program sets ten percent renewable energy target

Open skies agreements between the GCC and EU were thrown into question following the UK's Brexit vote. (Shutterstock)
December 19th, 2016 - 08:00 GMT

UAE, Sweden sign open skies agreement

Announced in April, the Vision 2030 strategy sets 9.5 GW as an ‘initial target’ to help build the renewables sector, noting that energy consumption will triple in the next 14 years. (Shutterstock)
December 19th, 2016 - 07:00 GMT

High demand for solar energy in Saudi is a landmark opportunity for investors: Report

Careem Founders
December 19th, 2016 - 06:45 GMT

Careem closes first tranche in $500 million funding round led by Rakuten and Saudi Telecom Company

Dr. Karim El Solh, Chief Executive Officer of Gulf Capital
December 19th, 2016 - 06:41 GMT

Gulf Capital closes its second private debt fund above its $250 million target

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