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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 12th, 2016 - 10:12 GMT

Hawthorn Suites by Wyndham unveils VIP check-in for kids

Mohammed Mahfouz Bin Mahfouz, VP of Elaf Travel Tourism Company
December 12th, 2016 - 10:06 GMT

Rail Europe appoints Elaf Travel & Tourism as GSA in Saudi Arabia


The bulk of the cuts—300,000 barrels a day—have been pledged by Russia, which produces more crude oil than any other country. (Shutterstock)
December 12th, 2016 - 10:00 GMT

Oil prices surge after non-OPEC countries join production cut

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

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