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BUSINESS

BUSINESS latest

US unfreezes major Iranian assets during talks over Hormuz
April 11th, 2026 - 10:14 GMT
Osama Ali

Osama Ali

US unfreezes major Iranian assets during talks over Hormuz

ALBAWABA - According to a senior Iranian source, the United States has consented to unfreeze Iranian financial assets stored overseas, which is viewed as a possible step toward furthering the two sides' continuing conversations. Speaking to Reuters, the person characterized the action as a show of goodwill and perhaps a step closer to a more comprehensive deal. Associated with Hormuz Security According to officials, the release of assets is contingent ...
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CEO-MD of the Year Bruce Robertson
December 13th, 2015 - 10:00 GMT

Jaguar Land Rover MENA secures triple win at inaugural ArabWheels Awards

The latest impetus has risen on the agenda following Israel's announcement of plans to exploit gas reserves off the southern coast. (File photo)
December 13th, 2015 - 10:00 GMT

Will Lebanon finally pave the way for approval of gas exploration tender?

Al Bawaba
December 13th, 2015 - 09:20 GMT

OSN strengthens retail presence in UAE to support fast-growing subscriber base

While GCC banks have adequate liquidity, Fitch says that banking performance indicators will be affected by lower credit demand and rising funding costs. (Shutterstock)
December 13th, 2015 - 09:14 GMT

Cheap oil hits GCC banks’ ratings: Fitch

Nebil Ben Aissa, CEO & Founder QPAY International
December 13th, 2015 - 09:11 GMT

QPAY partners with MasterCard to introduce Qatar’s first Wage Protection System salary card platform

The Capital Club
December 13th, 2015 - 08:54 GMT

Capital Club Dubai to host 'The 2016 Economic Outlook'

Al Bawaba
December 13th, 2015 - 08:52 GMT

Samsung Electronics Levant provides customers with unparalleled mobile experience

During the event
December 13th, 2015 - 08:03 GMT

Etihad Airways wins ‘World’s Leading Airline’ award for seventh consecutive year

During the event
December 13th, 2015 - 08:01 GMT

Mashreq successfully arranges USD 100 Million for SK Engineering & Construction Co. Ltd

During the event
December 13th, 2015 - 07:49 GMT

FGB scoops three awards at 2015 Bonds, Loans & Sukuk Middle East Awards

Ahmed Seddiqi & Sons
December 13th, 2015 - 07:33 GMT

Audemars Piguet launches the New Royal Oak perpetual calendar in the most classic of case materials

Al Bawaba
December 13th, 2015 - 07:30 GMT

A yen for something different: UAE seeks more trading partners in wake of Sino-slump

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