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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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An Austrian soldier stands guard outside the OPEC headquarters on the eve of the 171th meeting of the Organization of the Petroleum Exporting Countries in Vienna. (AFP/Joe Klamar)
December 11th, 2016 - 07:00 GMT

OPEC, non-OPEC producers strike first global oil cutback deal in over ten years

Artist's rendering of Mirdif Hills project
December 11th, 2016 - 06:48 GMT

Dubai Investments launches sales of ‘Mirdif Hills’ project

OFFTEC
December 11th, 2016 - 06:36 GMT

OFFTEC supports welfare of senior citizens

Money should never be a problem if couples have that strong will to cooperate and work things out as planned. (Shutterstock)
December 11th, 2016 - 06:32 GMT

Relationship goals: Talking about money with your honey

Oryx Rotana annual swimming competition
December 11th, 2016 - 06:31 GMT

Oryx Rotana concludes its annual swimming competition

During the event
December 11th, 2016 - 06:22 GMT

Qatari-French Academia & Industry initiative creates platform for discussion in energy and environment

Dubai Culture
December 11th, 2016 - 06:08 GMT

Dubai Culture awarded ISO certification for IT services management

Trump has made millions of dollars from his deals with Saudi Arabia, which included leasing an apartment to former al-Qaeda boss Osama bin Laden’s half-brother. (AFP/Drew Angerer)
December 11th, 2016 - 06:00 GMT

Trump shuts down four companies tied to Saudi Arabia

Each Premier customer can reserve two free seats
December 11th, 2016 - 05:58 GMT

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

The sale has raised huge concerns about a major part of UK infrastructure being sold to foreign investors. (Shutterstock)
December 11th, 2016 - 04:55 GMT

Qatari fund leads consortium in purchase of critical UK National Grid gas pipeline

The recruitment of aviation personnel in MENA will be one of the largest in the world. (File photo)
December 8th, 2016 - 12:00 GMT

For work, look to the skies: Boeing predicts 200,000 new aviation jobs in MENA

NBF Golf Tournament in action
December 8th, 2016 - 11:21 GMT

National Bank of Fujairah tees up its fourth annual golf tournament

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