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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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Participants from Europe, the Middle East, Asia, and North America convened at a WCM-Q conference to examine the role of the medical humanities in medical education in the Gulf region.
December 5th, 2018 - 08:21 GMT

WCM-Q Conference Explores Medical Humanities in the MENA Region

Orchid’s festive banquet features well-loved holiday dishes from roast turkey to yule log cakes, plus a delightful variety of salads, main courses, and desserts.
December 5th, 2018 - 08:17 GMT

Indulge in Festive Flavours at Ramada Hotels in Ajman

On day two of the event, visitors can witness two bike parades which is expected to see over 800 bikes participate.
December 5th, 2018 - 08:05 GMT

Dubai Festival City to Host Emirates Cars & Bikes Festival

During the award ceremony
December 5th, 2018 - 07:56 GMT

Azizi Developments Wins ‘Developer of the Year’ at 2018 Enterprise Agility Awards – Entrepreneur of the Year

Crude oil is not among the list of products facing import duties, but traders said the positive sentiment of the truce also moved crude markets. (Shutterstock)
December 5th, 2018 - 07:44 GMT

Saudi-Russian Agreement Lifts Oil Prices by 5 Percent

The source pointed out the number of expatriate employees in the ministry decreased in the current fiscal year compared to the previous year when the number exceeded 1,500. (Shutterstock)
December 5th, 2018 - 07:36 GMT

Kuwait Halts 1080 Education Jobs Occupied by Expats

Standard Chartered has not yet officially made the strategy public. (Shutterstock)
December 5th, 2018 - 07:09 GMT

Standard Chartered Bank to Cut 100 Jobs in Dubai

Qatar’s decision to exit OPEC will have no major impact on the cartel’s decision-making process, oil output or oil prices in the short term. (Shutterstock)
December 5th, 2018 - 07:03 GMT

On the Heels of Its OPEC Exit, Will Qatar Increase Its Oil Output?

Foreign Ministry spokesman denies 'baseless' rumors regarding any agreement between Tehran and Seoul, local media reports. (Shutterstock)
December 5th, 2018 - 06:53 GMT

Iran Refutes Oil-For-Food Deal With South Korea

To add to the festivities, the outside of AWR main entrance was transformed with music and decorations including a heritage village.
December 5th, 2018 - 06:41 GMT

AW Rostamani Group Celebrates a Colorful 47th UAE National Day

Al Reem Mall
December 5th, 2018 - 06:24 GMT

DSI Secures Dh600 Million Reem Mall MEP Contract In Abu Dhabi

During the event
December 5th, 2018 - 06:17 GMT

Bank Sohar Launches Erteqa’a Plus Leadership Development Programme in Collaboration With Harvard Business Publishing

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