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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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According Civil Service Commission (CSC) statistics, the number of unemployed citizens is currently 13,523, and the figure constitutes 3,540 men and 9,983 women. (Shutterstock)
December 23rd, 2018 - 09:03 GMT

More Than 2,000 Expats Lose Their Public Sector Jobs in Kuwait

PM Khan has remained confident that the financial cushion from countries like the UAE will ultimately help avert immediate default as well as enable the government to argue a less austere, more people-friendly programme with the IMF. (Shutterstock)
December 23rd, 2018 - 08:44 GMT

UAE Revives Pakistan's Economy With $3 Billion Loan


For the last 10 years, an average of $216 billion projects have been awarded annually, with the GCC region accounting for about two thirds of this volume. (Saudi Gazette)
December 23rd, 2018 - 08:23 GMT

Despite Political Upheavals, MENA Region Is Home for $3.5 Trillion Worth of Projects

Iran and China are enjoying strong bilateral relations, and earlier in September, the two countries launched a 9,000-kilometer-long railway within the framework of new Silk Road Program between the two countries. (Shutterstock)
December 23rd, 2018 - 07:57 GMT

What Lies Behind China's Commitment to Fostering Its Ties With Iran?

According to Hemmati, the Central Bank of Iran had been focused mainly on stabilizing foreign-exchange market over the past few weeks through promoting Iran’s national currency. (Shutterstock)
December 23rd, 2018 - 07:50 GMT

Iran's Foreign Currency Market Climbing Back to Stable Conditions

The special limited-edition New Year’s Eve Family Pack offers great value to families. (Shutterstock)
December 23rd, 2018 - 07:42 GMT

Celebrate the New Year Eve in 7 Countries at Once in Dubai

VR is powerful tool, but there are still subjects that traditional lecture-based learning is likely more efficient for. (Shutterstock)
December 23rd, 2018 - 07:26 GMT

How VR Is Reshaping the Education System

Jamal Fakhro, KPMG in Bahrain’s Managing Partner
December 23rd, 2018 - 07:26 GMT

KPMG Global Revenues Grow to Record $29 Billion

This year’s contest will introduce a new category for ‘innovation’ designed to put students’ creativity to the test.
December 23rd, 2018 - 07:01 GMT

Abu Dhabi University Opens Registration for Its Undergraduate Research Competition

Special Olympics World Games 2019
December 23rd, 2018 - 06:54 GMT

Al Masaood Employees Sign Up to Volunteer During Special Olympics World Games 2019

DED-Ajman
December 23rd, 2018 - 06:42 GMT

Department of Economic Development – Ajman Reveals New Government Privileges Forum

During the event
December 23rd, 2018 - 06:18 GMT

Dubai Customs Launches '7-Star Center' Project to Raise Efficiency of Clients’ Centers

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