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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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Dr. Azmi Bishara during the lecture at GUQ
December 1st, 2016 - 06:18 GMT

Azmi Bishara talks Democracy in the Middle East at Georgetown

During the event
December 1st, 2016 - 06:14 GMT

DEWA officials and staff mark Commemoration Day to honour Emirati martyrs

Coca-Cola
December 1st, 2016 - 06:08 GMT

The Coca-Cola Company and National Beverage Company expand investment in Palestinian business and communities in Gaza

Amin Al Husseini, CEO of Oman Arab Bank
December 1st, 2016 - 06:03 GMT

OAB supports “Suspicious Transactions Awareness Forum” organized by National Center for Financial Information

Banking sources estimated CI Capital's market value at near 1 billion Egyptian pounds ($56 million). (File photo)
December 1st, 2016 - 06:00 GMT

Egypt's Commercial International Bank close to finalising sale of CI Capital

Martin Kendall, GM, City Centre Rotana Doha
December 1st, 2016 - 05:59 GMT

City Centre Rotana, Doha welcomes new General Manager

The deal promises to revive the tattered finances of countries from Venezuela to Libya and restore flagging confidence in the producer bloc that controls 40 per cent of the world’s oil. (File photo)
December 1st, 2016 - 05:04 GMT

OPEC agrees to first output cut deal in eight years

Shamel plans
December 1st, 2016 - 04:40 GMT

Ooredoo customers can get two phones in one contract period

The ministry has received many complaints from domestic workers about how they are treated by their employers, as well as from households employing domestic workers. (AFP/File)
November 30th, 2016 - 12:30 GMT

Lebanon shutters nearly 200 domestic worker recruitment agencies over illegal labor practices

A key factor behind declining construction costs has been the lower profit margins charged by building contractors. (File photo)
November 30th, 2016 - 11:30 GMT

Easing price drops do not spell recovery in troubled Saudi construction market

The UK flight ban was put in place after the October 2015 crash of a Russian airliner in Sinai shortly after it took off from Sharm El-Sheikh. (File photo)
November 30th, 2016 - 10:30 GMT

UN World Tourism Organization urges UK to resume flights to Sharm El Sheikh

Prince Andrew said it was an honour to cooperate with Shaikh Mohammad and with the Khalifa Fund to introduce Pitch@Palace in Abu Dhabi and the Gulf. (Twitter/Khalifa Fund)
November 30th, 2016 - 10:21 GMT

A royal boost for entrepreneurs: Pitch@Palace comes to the UAE

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