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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 stations have undergone extensive reconstruction to bring them into line with ADNOC Distribution’s operational standards.
December 6th, 2018 - 12:09 GMT

ADNOC Distribution Opens First Service Stations in the Kingdom of Saudi Arabia

Industry faces challenge to transform to innovative operations. (Shutterstock)
December 6th, 2018 - 11:58 GMT

How Digital Advancements Are Changing the HR Process for the Better

During 47th UAE National Day Celebrations
December 6th, 2018 - 11:58 GMT

Wyndham Hotels in Ajman Celebrate 47th UAE National Day

The photo is the artwork of Sara Shakeel, formerly a dentist and now a crystal artist. (KhT)
December 6th, 2018 - 11:38 GMT

Emirates Goes the Extra Mile With Diamond-Encrusted Plane

A woman was fined Dh150,000 for taking a photograph of another woman and posting it on social media in Abu Dhabi. (KhT)
December 6th, 2018 - 11:25 GMT

Expat Ordered to Pay Dh150,000 Fine for Not Seeking Permission to Take a Woman's Photo

The Nokia 8.1 will be available in the UAE from December 15 for Dh1,499. (KhT)
December 6th, 2018 - 11:20 GMT

Nokia Reveals New 'Value Flagship' 8.1

The UAE, which is ranked 19th at the global level, also retains its second place globally on the economy index. (TA)
December 6th, 2018 - 11:13 GMT

UAE Leads Arab Nations in Global Knowledge Index

There are fears that VAT will have negative implications for businesses and individuals in Bahrain. (Shutterstock)
December 6th, 2018 - 11:02 GMT

Grasping the Essentials From VAT Implementation in Bahrain

Khashoggi, a Saudi journalist and columnist for The Washington Post, went missing after entering the consulate. (AFP)
December 6th, 2018 - 10:48 GMT

Sean Penn Begins Work on Khashoggi Murder Documentary

It is designed to form the cornerstone of the Duqm Special Economic Zone, Oman's next industrial center. (Shutterstock)
December 6th, 2018 - 10:41 GMT

Oman’s Duqm Refinery to Receive $ 4.6 Billion in Loan Agreements

Qatar has emerged as the best performing stock market this year with a rise of more than 24 percent till date. (AFP)
December 6th, 2018 - 10:33 GMT

Despite Blockade, Qatari Stocks to Attract $5 Billion in Foreign Funds

The two neighboring states hold longstanding economic ties, through joint industrial projects, and trades of goods. (Shutterstock)
December 6th, 2018 - 10:25 GMT

Iraq Eager to Strengthen Ties With Iran

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