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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 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

Expats will no longer need approval from their existing employer to change jobs if they complete the length of a fixed-term contract. (File photo)
December 13th, 2016 - 06:00 GMT

Qatar's new labor law abolishes controversial kafala system

A work plan for the first stage of development calls for about 1.2 billion cubic feet of natural gas per day through an investment of between $3.5 billion and $4 billion. (File photo)
December 13th, 2016 - 05:18 GMT

Israel's Leviathan gas deals estimated to reach $2B

88.8 FM
December 13th, 2016 - 04:40 GMT

Ooredoo visits FM 88.8 “Q8 Pulse”

SMC Building
December 12th, 2016 - 01:46 GMT

Well Investments Research rate SMC (6273:JP) as strong sell with 45%-85% downside


The survey shows support for Small and Medium size Enterprises (SMEs) is important for economic diversification. (File photo)
December 12th, 2016 - 01:00 GMT

Tourism, trade, technology are key factors in MENA diversification: Survey

The majority of assembly members won their seats on November 25 by vowing to reject government austerity measures that impact Kuwaiti citizens. (AFP/Amr Ahmad)
December 12th, 2016 - 12:00 GMT

Kuwait: Infrastructure and austerity expected as part of new economic plan

 
Kurdistan Prime Minister Nechirvan Barzani called the deal as a significant step that will help improve the daily lives of the citizens of Erbil and Sulaimani. (File photo)
December 12th, 2016 - 11:00 GMT

UK's Biwater secures $1.2B water infrastructure contract in Kurdistan

Kevin Cha, President, LG Electronics, Middle East & Africa
December 12th, 2016 - 10:30 GMT

LG’s brand strength and market leadership ensure the ‘premium’ route forward

DGCX,
December 12th, 2016 - 10:26 GMT

DGCX and CGSE sign MoU to boost precious metals market development

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