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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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The project plans to expand the output of the Bled El-Hadba phosphate mine in the eastern region of Tebessa from 1 million tonnes annually to 10 million tonnes. (Shutterstock)
December 9th, 2018 - 03:14 GMT

Algeria Partners With China to Build $6 Billion Phosphate Plant

In 2018, Egyptian companies invested about $ 876 million in projects in COMESA states. (Shutterstock)
December 9th, 2018 - 03:10 GMT

Report: Egyptian Companies Ranked Most Active in the COMESA With $4.4 Billion Investments

One-year bills worth about $1.15 billion are due to mature on the same day. The average yield on those bills was 3.495 percent. (Shutterstock)
December 9th, 2018 - 03:05 GMT

Egypt Confirms $1 Billion One-Year Dollar T-Bills Auction on Monday

n the handicraft sector, losses are estimated at 3 million 650 thousand dinars, according to a report from the National Tourist Office presented at a meeting of the Regional Tourism Council at the headquarters of the governorate on Friday. (AFP)
December 9th, 2018 - 03:01 GMT

Nabeul Floods Cost Tunisia 13 Million Dinars

The third edition of the France-Arab Countries Forum aims to foster the economic relations between France and all Arab countries. (Shutterstock)
December 9th, 2018 - 02:55 GMT

Tunisia Stresses on Franco-Arab Co-Operation in Industrial Sector

Les Male, CEO of DGCX
December 6th, 2018 - 01:02 GMT

DGCX Wins ‘EMEA Exchange of the Year’ at the Fow Global Investor Awards 2018

Qasr Al Hosn
December 6th, 2018 - 01:01 GMT

Courtyard by Marriott World Trade Center to Mark the Opening of Qasr Al Hosn

During the event
December 6th, 2018 - 12:48 GMT

DED and ASQ Honour Winners of MEA Quality Professionals and Innovation Awards 2018

Khaled Abdel Majeed, Lead Portfolio Manager for Al Mal MENA
December 6th, 2018 - 12:44 GMT

Al Mal Capital Appoints Khaled Abdel Majeed As Al Mal Mena Lead Portfolio Manager

During the celebration
December 6th, 2018 - 12:27 GMT

Danat Jebel Dhanna Resort Celebrates UAE National Day With Zayed Tree Planting

Volvo S60
December 6th, 2018 - 12:18 GMT

Volvo S60 and V60 Secure 5-Star Safety Rating by Euro NCAP

Humaid Matar Al Dhaheri, Group CEO of ADNEC
December 6th, 2018 - 12:18 GMT

ADNEC and Abu Dhabi Convention Bureau Collaborate to Attract Key Conferences to the Capital

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