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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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Electrical interconnection lines between Egypt and Saudi Arabia are scheduled to begin operation in the beginning of 2021, with a capacity of 3,000 MW. (Shutterstock)
November 29th, 2018 - 04:39 GMT

Saudi Invests $ 2 Billion in Egypt's New Power Plant

Al-Saraj said that Saudi Vision 2030 was motivating students, encouraging them to create their own businesses. (Shutterstock)
November 29th, 2018 - 04:33 GMT

Saudi Banks on Its Students to Transform Its Economy

The 450 km inter-city transport system is envisioned to improve pilgrim comfort and lead to a reduction in the number of traffic accidents. (SPA)
November 29th, 2018 - 04:27 GMT

Saudi's High-Speed Railway Is Still on Vision 2030 Course

“The enrichment of the Hajj and Umrah experience with historic and entertainment sites is an important goal that we seek to achieve through the unique efforts of entrepreneurs.” (Shutterstock)
November 29th, 2018 - 04:22 GMT

Saudi Encourages Entrepreneurs and Private Sector to Contribute to Hajj and Umrah Services

A Saudi-sponsored militiaman loyal to former Yemeni president Abd Rabbuh Mansur Hadi is pictured in front of the May 22 Hospital on the eastern outskirts of port city of Hudaydah, Yemen, on November 15, 2018. (Photo by AFP)
November 29th, 2018 - 04:18 GMT

UN Sounds Alarm With Deteriorating Imports at Yemen’s Salvation Port

Royal Jordanian
November 28th, 2018 - 12:52 GMT

RJ Celebrates Its 55th Birthday With Special Sales Promo

Nick Athanasi, Partner to lead the Forensic Technology practice in the Middle East
November 28th, 2018 - 12:45 GMT

Deloitte Grows Its Middle East Forensic Technology Practice With New Partner and Director Appointments

Ooredoo Palestine CEO Speaking at the event
November 28th, 2018 - 12:22 GMT

Wataniya Mobile Becomes Ooredoo Palestine

Workshop participants reflected on a range of broad themes within an intelligence and security research framework.
November 28th, 2018 - 12:13 GMT

Georgetown Workshop Launches New Focus on Regional Security Research

During the event
November 28th, 2018 - 12:03 GMT

Dubai Chamber Hosts Prince of Monaco in Effort to Boost Bilateral Ties

Wasef Jabsheh, Founder and CEO of International General Insurance (IGI), receiving the award.
November 28th, 2018 - 11:49 GMT

EY Jordan Announces Winners of Entrepreneur of the Year 2018 Jordan Award

To take advantage of the good weather and enjoy alfresco dining, the “Al Nafourah Garden” offers a special and viable deal all throughout the month.
November 28th, 2018 - 11:41 GMT

Exceptional Offers Await Oryx Rotana Visitors and Guests

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