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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 harsh current economic circumstances forced Al-Ahram printing services to raise costs as most of the materials used in the printing operation are imported and must be paid for in dollars. (AFP/File)
December 7th, 2016 - 12:30 GMT

Price hikes for printing may sound death knell for Egypt's newspapers

Mahmoudia Motors
December 7th, 2016 - 11:48 GMT

Mahmoudia Motors hosts second annual Jaguar Land Rover MENA ‘Technician of the Year’ semi-finals in Jordan

Saudi Arabia features amongst the leading markets for air conditioners across the globe.(Shutterstock)
December 7th, 2016 - 11:30 GMT

So cool it's hot: Saudi Arabia's $3.2B HVACR market driven by construction boom

Group picture for the sponsors of Fikra Program
December 7th, 2016 - 10:38 GMT

Gulf Bank: Gold sponsor of Fikra Program in its second edition

OAB CEO Amin Al Husseini
December 7th, 2016 - 10:32 GMT

OAB supports national progress at Tnfeedh open day

Qatar is forecast to reach an annual growth rate of 3.4% in 2017, which is the highest forecast growth in the Gulf Co-operation Council. (File photo)
December 7th, 2016 - 10:27 GMT

Qatar to spend $12.6B on major infrastructure projects in 2017

Hamad General Hospital’s automated pharmacy
December 7th, 2016 - 10:27 GMT

Hamad General Hospital’s automated pharmacy cuts waiting time for patients by half

During the event
December 7th, 2016 - 10:16 GMT

DP World opens advanced logistics centre in Peru

Ionisation technology for rainmaking relies on several factors, including humidity, wind direction and the existence of updraft winds that help raise the emitted ions up to the clouds. (Shutterstock)
December 7th, 2016 - 09:55 GMT

Rain on our parade: Jordan's rainmaking technology shows promise

Saudi King Salman bin Abdulaziz attends the GCC summit on December 6, 2016, in the Bahraini capital Manama. (AFP/Stringer)
December 7th, 2016 - 09:40 GMT

Saudi Arabia to allow British businesses five-year multiple entry visas

Buying a second-hand phone over the Internet is not a good idea since you will not be able to examine the phone physically. (File photo)
December 7th, 2016 - 09:21 GMT

Your checklist for buying a used phone

The People's Bank of China said the move was aimed at promoting trade and investment and maintaining financial stability in both countries. (AFP/File)
December 7th, 2016 - 08:50 GMT

Egypt to get $2.6B cash injection with Chinese currency swap deal

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