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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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Outages seemed to stretch from the early morning into the afternoon in California, where the leading social network has its headquarters. (Shutterstock)
November 21st, 2018 - 06:04 GMT

Outage Across Many Facebook Apps Including Whatsapp

Dr. Abdul Sattar Al-Taie, Executive Director, Qatar National Research Fund.
November 21st, 2018 - 06:00 GMT

Her Excellency Sheikha Hind Bint Hamad Al Thani Attends Qatar National Research Fund’s 10th Annual Forum

The study revealed that 35 per cent of the total investment in Fintech startups in Mena over the past 10 years were made in 2017; or Dh193 million out of the Dh550 million invested between 2008 and 2018 were completed last year. (Shutterstock)
November 21st, 2018 - 05:59 GMT

Funding for Fintech Startups in MENA to Jump to Dh 7.3 Billion in Next Decade

The deal with the CPF comes in light of the foundation’s targeting of thousands of young people across the Kingdom and its keenness on developing the youth’s capabilities to better serve their communities, the statement said. (Shutterstock)
November 21st, 2018 - 05:55 GMT

Jordan, UAE Sign $100 Million Fund to Support Entrepreneurs in Jordan

Global smart city spending is set to accelerate from $81 billion in 2018 to $158 billion by 2022, Dr Abdallah said, citing data from International Data Corporation. (Shutterstock)
November 21st, 2018 - 05:47 GMT

MEA Smart Cities to Spend $2.7 Billion on Technology

During the forum
November 21st, 2018 - 05:44 GMT

Abu Dhabi University Concludes First ‘Zayed and Social Responsibility’ Forum

Unemployed Tunisians sit at a phosphate production plant in Kef Eddour. (AFP)
November 21st, 2018 - 05:42 GMT

Tunisia Banks on Its Mining Sector to Revive Its Economy

Renewed buying comes after the US went back on its pledge to zero Iran’s oil exports and give waivers to eight major clients of the country. (Shutterstock)
November 21st, 2018 - 05:34 GMT

Japan, South Korea to Resume Oil Imports From Iran

The robots also engaged in sumo wrestling matches.
November 21st, 2018 - 05:34 GMT

Students Program Robots at Qatar National Library’s Science Competition

The Iranian fleet is ranked 21st among national fleets, with over 700 vessels operating in the Caspian Sea, Persian Gulf and Gulf of Oman. (Shutterstock)
November 21st, 2018 - 05:29 GMT

Iran Accuses US of Breaching International Maritime Laws

Interestingly, Iran led the slump in demand for gold jewelry in the region with a 35% drop to 6.6 tonnes in the second quarter. (Shutterstock)
November 21st, 2018 - 05:25 GMT

Iran Turns to Gold to Stave off US Sanctions Effect on Economy

The UAE is among world's top 20 largest exporters of steel to the US, exporting around 0.29 million metric tonnes annually. (Shutterstock)
November 21st, 2018 - 05:19 GMT

Could the Dh 90 Billion Bilateral Trade Between US and UAE Help Write off Steel and Aluminum Tariffs?

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