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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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Al Bawaba
November 28th, 2012 - 04:42 GMT

INSEAD Global Private Equity Initiative attracts funding from top international companies

Al Bawaba
November 28th, 2012 - 04:38 GMT

Qatar Airways Boeing 787 commercial service takes off to Kuwait

Al Bawaba
November 28th, 2012 - 04:32 GMT

Green master plan for Qatar Foundation

Al Bawaba
November 28th, 2012 - 04:28 GMT

Emirates NBD offers customers opportunities to win memorable trips to the seven wonders of the world

Contracts have been awarded for desalination plants in Saudi Arabia
November 28th, 2012 - 03:00 GMT

Contracts awarded for water projects in Saudi

The 2013 Oman budget is set to be much higher than it was in 2012
November 28th, 2012 - 03:00 GMT

Budget expenditure seen at RO13bn in 2013

Al Bawaba
November 28th, 2012 - 03:00 GMT

Saudi's non-oil economy set to boom

Iran has rejected claim that it was to offer free oil to Jordan
November 28th, 2012 - 02:00 GMT

Iran rejects 'free oil' claims

Shops are closing early over fears of violence in Tahrir Square as protesters gear up for a "million man" march
November 27th, 2012 - 12:48 GMT

Egypt: Shops close early for Tahrir protest

Remittances are big business and fuelled by GCC economic growth, according to the World Bank
November 27th, 2012 - 12:36 GMT

World Bank: Remittances fuelled by GCC growth

Russia has been flying banknotes to Syria
November 27th, 2012 - 11:45 GMT

Russia flew 30 tonnes of banknotes to Assad regime, flight logs reveal

Following Norway's example, channeling oil and gas revenues for a sovereign fund would also be highly beneficial to Lebanon's economy
November 27th, 2012 - 11:12 GMT

Lebanon's gas reserves looking likely to beat Israel

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