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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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Lebanese banks still could reap benefits from Syria once the conflict is over, the head the Association of Banks has said
December 16th, 2012 - 03:00 GMT

Lebanon's banks still want Syrian money

Egypt could lose $20 billion in investments, a Qatar-based scholar has claimed
December 16th, 2012 - 01:00 GMT

Egypt could lose $20billion with 'no' vote

Emirate achieves new record with non-oil ties up 13 per cent on 2011
December 13th, 2012 - 11:57 GMT

Dubai's non-oil trade hits record levels

Dubai is the foremost GCC port by container volume and is ranked at the ninth place among the top 10 world container ports
December 13th, 2012 - 11:30 GMT

GCC to expand seaports

Investors saw the IMF loan as a lifeline for those looking to put their money into the Egyptian Stock Exchange
December 13th, 2012 - 11:30 GMT

Egypt's business community pessimistic over IMF delay

During the event
December 13th, 2012 - 10:55 GMT

Khalifa University Alumni get together for the first time and establish a new association

Saudi Arabian Prince Alwaleed bin Tala claims he is paid just one Saudi Riyal a year
December 13th, 2012 - 10:50 GMT

No Million Riyal bill here: Saudi Arabia’s Prince Alwaleed bin Talal claims to earn one Riyal a year

Official inflation is at 26.1 per cent, but some experts claim it could be between 50 and 196 per cent
December 13th, 2012 - 09:52 GMT

Iran's inflation hits 26.1 per cent

Jordan and Iran have discussed increased cooperation in the transport and energy sectors
December 13th, 2012 - 09:20 GMT

Jordan and Iran to work to 'enhance cooperation'

Google is looking set to launch a map app for Apple products
December 13th, 2012 - 09:06 GMT

Finally, we won't get lost: Google map iPhone app to launch

Libya is looking at rebuilding the Sirte-Benghazi railway, the Vice-President of Russian Railways has said
December 13th, 2012 - 08:49 GMT

Is Libya about to go on the rails?

Al Bawaba
December 13th, 2012 - 08:39 GMT

VIVA celebrates its four year anniversary

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