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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 investment vehicle will be seeded with two of DP World’s Canadian container terminals, with CDPQ acquiring a 45 percent stake of the combined assets.
December 4th, 2016 - 07:00 GMT

DP World partners with Quebec's Caisse to create $3.7B investment platform

ADNOC Oasis store
December 4th, 2016 - 06:59 GMT

ADNOC Distribution launches ‘Oasis of Surprises’ promotional campaign

During the event
December 4th, 2016 - 06:46 GMT

EQUATE discusses energy conservation with Electricity & Water Ministry

Want a job as a journalist? There are opportunities on offer in Dubai. (Shutterstock)
December 4th, 2016 - 06:39 GMT

Jobs for 20-somethings in Dubai

Captain Suleiman Obeidat
December 4th, 2016 - 06:35 GMT

Captain Suleiman Obeidat elected member of AACO's executive committee

During the event
December 4th, 2016 - 06:28 GMT

HMC commemorates World Day of remembrance for victims of road traffic injuries and highlights the important role of national trauma system in post-crash response

OAB - First Town Hall Meeting
December 4th, 2016 - 06:19 GMT

Oman Arab Bank hosts first-of-its-kind town hall meeting to review progress and future developments

Tadawul’s previous sector classification had limitations as it was not based on global classification standards. (File photo)
December 4th, 2016 - 06:08 GMT

Saudi Tadawul to comply with Global Industry Classification Standard

In May, the General Authority for Petroleum announced an international tender for 11 oil and natural gas blocks in the western desert and Gulf of Suez. (File photo)
December 4th, 2016 - 06:00 GMT

Egypt receives bids worth $200M for oil and gas exploration

Impression of Mina Sultan Qaboos Waterfront Project. (OmanGBNews)
December 1st, 2016 - 02:01 GMT

Oman pushes through with waterfront development - with or without partners

Careem has experienced rapid growth since its lauch four years ago. (File photo)
December 1st, 2016 - 12:00 GMT

Careem eyes expansion in 15 MENA cities

MasterCard
December 1st, 2016 - 11:56 GMT

Mastercard celebrates 30 years of success in UAE

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