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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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Harish Chib, Vice President Middle East & Africa for Sophos
December 15th, 2015 - 06:34 GMT

Sophos to kick-off multi-country roadshows in the Middle East

The President of the Kyrgyz Republic, Almazbek Atambayev, signs the Qatar Foundation Visitor’s Book
December 15th, 2015 - 06:23 GMT

Qatar Foundation welcomes Almazbek Atambayev, President of Kyrgyz Republic

Lexus
December 15th, 2015 - 06:04 GMT

Al Markazia unveils the all-new Lexus LX570 in a three-dimensional mapping showcasing its luxurious feel and superior performance

Al Bawaba
December 15th, 2015 - 06:00 GMT

Egypt's 'the only way out' for Israeli gas: minister

DP World Group CEO Mohammed Sharaf with HRH The Duke of Cambridge and United for Wildlife Transport Taskforce members during their meeting in London recently
December 15th, 2015 - 05:58 GMT

DP World agrees blueprint for tackling illegal wildlife trade

Doha's spiral mosque, located in the Qatar Islamic Culture Center. (Shutterstock/monotoomono)
December 15th, 2015 - 05:18 GMT

State of the Arab World Economy report 2016: Diversify, tax, slash subsidies

Paris Saint-Germain Academy
December 15th, 2015 - 04:40 GMT

Ooredoo trains young football lovers in collaboration with Paris Saint-Germain Academy

Al Bawaba
December 14th, 2015 - 11:54 GMT

Iran looks to ban import of over 200 US-made goods

According to a United Nations report, 2,000 to 3,000 Daesh members are currently in Libya. (Al Bawaba/File)
December 14th, 2015 - 10:37 GMT

France warns of Daesh's growing mission for oil in Libya

Chinese President Xi Jinping (Al Bawaba/File)
December 14th, 2015 - 09:56 GMT

With $10B fund UAE, China look to strengthen economic partnership

The US is looking to freeze financial assets linked to Daesh, as well as blacklisting companies proven to have Daesh connections.   (AFP/File)
December 14th, 2015 - 03:08 GMT

Egypt joins forces with the US to combat Daesh funding

Al Bawaba
December 14th, 2015 - 01:42 GMT

When Facebook becomes the good samaritan

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