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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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Niall McLoughlin, SVP, DAMAC Properties
December 8th, 2016 - 11:13 GMT

DAMAC Towers by Paramount Hotels & Resorts wins “Tower Project of the Year” award at Construction Week Awards

Saudi Arabia and Kuwait will cut output from their producing oil fields to allow for any increase from the Wafra and Khafji fields between the two countries. (AFP/File)
December 8th, 2016 - 11:00 GMT

Saudi-Kuwait oil drilling in Neutral Zone to resume after two years' suspension

The luxury car market in Jordan is dominated by Traditionally dominated by the Mercedes-Benz, Audi and BMW luxury troika globally and more decisively by Mercedes in Jordan. (YouTube)
December 8th, 2016 - 10:52 GMT

Bring on the battle with Benz, BMW: Volvo to push into luxury car market in Jordan

During the event
December 8th, 2016 - 10:50 GMT

DEWA cooperates with 80 government organisations to raise environmental awareness over the summer

Family businesses, which constitute up to 85 percent of the private sector, play a big role in the economy and society.(Shutterstock)
December 8th, 2016 - 10:00 GMT

Lebanon: Family Business Network Levant launches to support SMEs

Etihad Airways - a winner at the Condé Nast Traveller India Readers' Travel Awards
December 8th, 2016 - 09:33 GMT

Etihad Airways voted Best International Airline by Readers of Condé Nast Traveller India

Passenger traffic in MENA is expected to grow between 7 per cent to 10 per cent per annum next year. (File photo)
December 8th, 2016 - 09:00 GMT

Air Arabia to boost operations to Oman

RAK Ceramics sponsoring event
December 8th, 2016 - 08:49 GMT

RAK Ceramics sponsors Middle East Architect Awards and supports Design MENA Summit

InterContinental DanangLong Bar
December 8th, 2016 - 08:33 GMT

InterContinental® Hotels & Resorts crowned World Leading Hotel Brand 2016 for the tenth time at World Travel Awards 2016 final

The 23rd World Islamic Banking Conference took place 5-7 December 2016 in Bahrain. (Twiiter/WIBC2016)
December 8th, 2016 - 08:00 GMT

Urgent need for training to support growth of Islamic finance: SAMA chief

During the event
December 8th, 2016 - 07:59 GMT

Ramada Downtown Dubai marks 7th Anniversary

Daydream View compatible smartphones are in the works from other manufacturers, including Huawei, Xiami, Asus, Motorola, HTC and Samsung. (GeekyGadgets.com)
December 8th, 2016 - 07:34 GMT

Google's VR headset Daydream View: You have to see it to believe it

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