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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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Children participate in a previous Education City Winter Camp, organized by Qatar Foundation’s Pre-University Education.
December 9th, 2018 - 06:07 GMT

Qatar Foundation Opens Registration for Education City Winter Camp 2018

To add value to the range of offerings, City Center Rotana Doha has announced a 30% discount on all hotel facilities, if bookings are confirmed before December 11th.
December 9th, 2018 - 05:54 GMT

Make This Festive Season Memorable at City Centre Rotana Doha

To actively engage their employees and to show 'we care', a growing trend is observed among the UAE employers that are innovating their policies and work space to improve the happiness, productivity and well-being of their workforce. (Shutterstock)
December 9th, 2018 - 04:15 GMT

UAE Businesses Focus on 'Happy Employees' Trend

The step reflects the country's future approach aimed at achieving "full empowerment" of Emirati women and stresses their pioneering and effective role in all vital sectors of the UAE. (Shutterstock)
December 9th, 2018 - 04:12 GMT

UAE's FNC to Reach Equal Gender Members Representation

The 28-year-old Indian man relates: "I had collected Dh110,000 from my boss to purchase electronic toys from shops across Naif. I kept the money in a shoulder bag." (Shutterstock)
December 9th, 2018 - 04:07 GMT

Man Robbed of Dh 110,000 After Falling for Dh 50 Massage in Dubai

The company's new Snapdragon 855 chipset supports that idea, even though foldables haven't been a big topic at its Snapdragon Summit in Hawaii. (TechRadar)
December 9th, 2018 - 03:53 GMT

Foldable Phones Find Huge Support From Qualcomm

The agreement would help reduce water losses and provide citizens with more water, adding that the first phase of the project, worth 35 million euros, will focus on improving infrastructure in Irbid and Ramtha. (Shutterstock)
December 9th, 2018 - 03:49 GMT

Jordan Enters Into EU Agreements Worth of 100 Million Euros to Improve Water Infrastructure

The five Sahel states are Mauritania, Burkina Faso, Chad, Mali and Niger. (Shutterstock)
December 9th, 2018 - 03:43 GMT

Saudi Donates €100 Million to Support Sahel Countries, EU Pledges €2.4 Billion

Property prices in Dubai slid by 7.4 percent from a year earlier in the third quarter, accelerating from a 5.8 percent decline in the previous quarter, the UAE central bank said in a report on Tuesday. (Shutterstock)
December 9th, 2018 - 03:37 GMT

Dubai Stock Market Hits Lowest Mark Since Five Years

The two earth-observation satellites were developed by the King Abdulaziz City for Science and Technology. (SPA)
December 9th, 2018 - 03:32 GMT

Saudi Continues Its Space Expeditions With Two More Satellite Launches From China

General government cultural spending reached 28.3 billion Turkish liras ($7.8 billion) last year, up 26.1 percent on a yearly basis. (Shutterstock)
December 9th, 2018 - 03:28 GMT

Turkey Is Banking on Its Soft Power With 19.4-Percent Rise in Cultural Spending

OPEC said the global economic growth outlook for 2019 is slightly lower than for 2018, and could potentially have ramifications for global oil demand next year. (Shutterstock)
December 9th, 2018 - 03:19 GMT

OPEC, Non-OPEC to Slash Oil Output by 1.2 Million Barrels

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