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BUSINESS

BUSINESS latest

Oil flows shift as Trump raises Hormuz concerns
April 10th, 2026 - 12:05 GMT
Osama Ali

Osama Ali

Oil flows shift as Trump raises Hormuz concerns

ALBAWABA - As rising tensions continue to disrupt international energy markets, U.S. President Donald Trump has cautioned Iran against charging tolls to ships traveling through the Strait of Hormuz. The alert comes after rumors that Tehran would impose fees on oil tankers passing through the vital canal, which could put more pressure on already precarious supply routes. Global oil prices have sharply increased as a result of the ongoing turmoil ...
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Al Bawaba
January 10th, 2016 - 06:00 GMT

Microsoft teams with Gaza Sky Geeks to foster tech talent

Al Bawaba
January 10th, 2016 - 05:58 GMT

Samsung Electronics Levant holds technical discussions at the University of Jordan

The crowds during the draw event
January 10th, 2016 - 05:51 GMT

Gulf Bank announces winners from its Mega Trio Draw Event

Al Bawaba
January 10th, 2016 - 05:49 GMT

Ooredoo donates 5,000 USD for Fight Against Rheumatoid

Al Bawaba
January 10th, 2016 - 05:40 GMT

Qatar Research Leadership Program announces first Doctors of Philosophy in Biomedical Sciences

Al Bawaba
January 10th, 2016 - 05:32 GMT

Strike oil: news of possible Saudi Aramco sale rocks the energy world

Al Bawaba
January 10th, 2016 - 05:08 GMT

Middle East tensions fail to drive up oil prices

Al Bawaba
January 7th, 2016 - 05:29 GMT

GCC's largest air duct manufacturing factory opens in Dubai

Al Bawaba
January 7th, 2016 - 05:07 GMT

As oil prices drop to new low, UAE stocks suffer

The value of the Egyptian pound has recently declined significantly against foreign currencies. (Al Bawaba/File)
January 7th, 2016 - 04:54 GMT

Egypt looks to protect local industries with luxury imports ban

The decision is part of an escalating dispute between Iran and Saudi Arabia. (Al Bawaba/File)
January 7th, 2016 - 04:24 GMT

Amid intensifying feud, Iran bans all Saudi imports

Al Bawaba
January 7th, 2016 - 01:51 GMT

Al Habtoor City Cairo mega-development to cover 800,000 square meters

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