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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 events are part of the Library’s month-long celebration of National Day, and presented in cooperation with Qatari Society of Al Gannas.
November 29th, 2018 - 06:14 GMT

Traditional Qatari Falconry to Be Highlighted at Qatar National Library

Elaf Group Urges Women in KSA to Undergo Screening for Early Detection of Breast Cancer
November 29th, 2018 - 05:59 GMT

Elaf Group Urges Women in KSA to Undergo Screening for Early Detection of Breast Cancer

The BTEA’s participation in IBTM World 2018 comes as part of our active efforts to promote Bahrain and the new Bahrain Exhibition and Convention Centre.
November 29th, 2018 - 05:39 GMT

The Bahrain Tourism and Exhibitions Authority at the IBTM World 2018 in Barcelona

The promotion applies to major categories including perfumes, cosmetics, watches, costume jewellery, precious jewellery, handbags, luggage, sunglasses, ladies, men's & children's fashion, confectionery and delicatessen. (Shutterstock)
November 29th, 2018 - 05:38 GMT

Fly to Dubai for National Day Festivities With This Special 3-Day Sale

As of January 1, 2019, the marks will be made available for importers or producers of designated excise goods, including cigarettes, to purchase and place on their products, indicating that due taxes have been settled. (Shutterstock)
November 29th, 2018 - 05:32 GMT

UAE Announces New Tobacco Tax Collection System for January 2019

A more fundamental issue lies with the fact that the first PlayStation was an entry point into the world of 3D gaming at home. (TechRadar)
November 29th, 2018 - 05:22 GMT

We Present You With the Ultimate Playstation Classic Review

The antiquities included oil lamps, pottery, glass jars and statues dating back to various eras of Jordan’s history. (Shutterstock)
November 29th, 2018 - 05:13 GMT

Jordan Retains a Plethora of Trafficked Artefacts From Canada

The UAE government further developed purposeful plans to monitor future changes in the country's economy and the infrastructure dynamics through adopting the "UAE’s Annual Economic Outlook Report" initiative. (Shutterstock)
November 29th, 2018 - 05:08 GMT

UAE Makes Huge Strides for Attracting Business With 6 New Initiatives

Coming into force by December 1st, the two resolutions are part of the Abu Dhabi Government Accelerators Programme ‘Ghadan 21’ which is aimed to enhance the competitiveness of Abu Dhabi in business, investment, society, knowledge innovation, and lifestyle. (Shutterstock)
November 29th, 2018 - 05:02 GMT

Abu Dhabi Announces Two-Year Fee Exemption for New Licenses

"We have lots of exchanges with other states, including South Korea, China and India, and we can import goods in lieu for crude exports to them," Hemmati told reporters on the sidelines of a cabinet meeting in Tehran. (Shutterstock)
November 29th, 2018 - 04:56 GMT

China Has Found a Way to Resolve Oil Payments to Iran. Will Other Countries Follow Suit?

Iranian Foreign Minister Mohammad Javad Zarif (L) speaks during a press conference with Iraqi Foreign Minister Ibrahim al-Jaafari in the Iraqi capital Baghdad on February 24, 2015. (AFP)
November 29th, 2018 - 04:49 GMT

US Medicine Sanctions on Iran Are Illegal, but Still Imposed

A maritime demarcation accord signed with Saudi Arabia in 2016 has allowed the country to embark on oil and gas exploration for the first time in the Red Sea. (Shutterstock)
November 29th, 2018 - 04:43 GMT

Egypt Launches Bid to Dig for Oil and Gas in Red Sea

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