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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 Labor Ministry had previously announced a steeper penalty for companies and institutions that fire Lebanese employees in favor of foreigners working under false titles. (Shutterstock)
December 4th, 2016 - 01:24 GMT

Lebanon sounds warning against unfair dismissals

Lionhorn boasts more than 20 years of experience as the Developmental Licensee (DL) for the nearly 100 McDonald's restaurants in the Western and Southern regions of Saudi Arabia. (Twitter)
December 4th, 2016 - 12:00 GMT

Saudi Arabia's Lionhorn acquires franchise rights to McDonald's Singapore, Malaysia

Bahrain is hosting the GCC summit ahead of the Manama Dialogue dealing with regional security issues, and Bahrain’s National Day. (File photo)
December 4th, 2016 - 11:58 GMT

Bahrain meeting offers a chance to discuss GCC economic integration

Copper cables have the capacity to provide users with a maximum internet speed of 8 megabytes per second, while fiber optics can provide households with an average of 100 megabytes per second.
December 4th, 2016 - 11:00 GMT

Lebanon: 85 percent of population will have fiber optic service by 2017

During the event
December 4th, 2016 - 10:26 GMT

Turkish Airlines hosts Annual Corporate Ceremony to celebrate with companies allied with Turkish Airlines in Kuwait

Emaar wins 'Developer of the Year’
December 4th, 2016 - 10:07 GMT

Emaar wins ‘Developer of the Year’ at Arabian Business Achievement Awards 2016

Oryx Rotana
December 4th, 2016 - 10:00 GMT

Oryx Rotana to host Spanish Week

Eventually, up to 2 billion cubic metres of seawater will be transferred from the Red Sea to the Dead Sea annually under the Red-Dead project. (Shutterstock)
December 4th, 2016 - 10:00 GMT

Jordan raises $400M for first phase of Red-Dead project

During the event
December 4th, 2016 - 09:33 GMT

Mashreq caps a great year with recognition for digital banking services

RITAJ - a residential project in DIP
December 4th, 2016 - 09:28 GMT

Dubai Investments developing 3 real estate projects in UAE, mixed-use business park in KSA & eyeing projects in Africa

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
December 4th, 2016 - 09:11 GMT

DEWA main sponsor of 3rd Knowledge Summit 2016

Stepping back slightly from meeting every whim and wish could help your teen mature sooner in terms of learning how money is earned and spent. (Shutterstock)
December 4th, 2016 - 08:40 GMT

Get your teen to manage their expenses

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