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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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Prices have dropped due to excess supply of crude steel from China, according to industry expert Ghada Alaa. (Al Bawaba/File)
January 7th, 2016 - 09:00 GMT

With lower production costs, Egyptian steel producers reduce prices

Al Bawaba
January 7th, 2016 - 08:00 GMT

du’s Agent 055 initiative reveals its first batch of 10 aspiring entrepreneurs

Al Bawaba
January 7th, 2016 - 07:45 GMT

Tobacco smuggling drops in Lebanon following Regie Company crackdown

Al Bawaba
January 7th, 2016 - 07:40 GMT

RJ passengers requested to be at the airport three hours prior to their flights

Walid Cherif Managing Director and Head of Gulf Credit Partners
January 7th, 2016 - 07:23 GMT

Gulf Capital announces the first closing of its second credit and mezzanine fund, GC Credit Opportunities Fund II, at AED 644 million

Al Bawaba
January 7th, 2016 - 07:18 GMT

Bahrain lawmakers push for Iran trade embargo

Al Bawaba
January 7th, 2016 - 07:02 GMT

Etihad Airways enhances us operations with equipment changes in 2016

Al Bawaba
January 7th, 2016 - 06:52 GMT

Recent rains in UAE results in collection of 97 million gallons of rainwater across various dams and barriers

Pool Area
January 7th, 2016 - 06:43 GMT

Enjoy family weekend brunch at Copthorne Hotel Dubai

Al Bawaba
January 7th, 2016 - 06:36 GMT

Get your flicks fix: Netflix launches in MENA at last

Techstars
January 7th, 2016 - 06:21 GMT

Got a Startup to Get People Moving? Ford-Backed Techstars Mobility, Driven by Detroit Providing Funding, Training

During the workshop
January 7th, 2016 - 06:01 GMT

DEWA organises workshops for government bodies about smart applications

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