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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 general rule is that whatever food packed for lunch at the workplace must not be smelly, messy or noisy when eaten. (Shutterstock)
November 4th, 2018 - 04:05 GMT

No More Excuses: Your Guide to Healthy Eating During Working Hours

Blueground in-house interior design team works with individual and corporate property owners - such as Emaar Properties, Meraas Holding, Daman Investments, Orra Intl and others. (Shutterstock)
November 4th, 2018 - 03:59 GMT

Dubai-Based Investors Bring Blueground Funding to $20 Million

Wright posted on Instagram, pictures of her with Ferdinand and his children on the luxurious rooftop of St. Regis Hotel and wrote: 'The perfect end to our holiday ... How could the answer not be yes'. (Shutterstock)
November 4th, 2018 - 03:55 GMT

Rio Ferdinand Proposes to Girlfriend on Abu Dhabi Helipad

It would appear Apple is ready to let other companies get to market first with their 5G phones before following up with its own implementation the year after next. (Shutterstock)
November 4th, 2018 - 03:49 GMT

Is Apple Launching a 5G Phone in 2020?

Global demand for gold rose slightly in the third quarter compared to the same period a year ago as resurgent buying from central banks and retail consumers balanced huge outflows from exchange traded funds, the WGC report said. (Shutterstock)
November 4th, 2018 - 03:43 GMT

Will VAT Refund Increase Gold Demand in UAE?

The rankings are determined by sorting the aggregate scores on 10 topics, each consisting of several indicators, giving equal weight to each topic. (Shutterstock)
November 4th, 2018 - 03:29 GMT

UAE Secures 11th Spot on World Bank’s Doing Business Rankings

In a tit-for-tat move, Turkey also removed sanctions on U.S. Attorney General Jeff Sessions and Homeland Security Secretary Kirstjen Nielsen, the Foreign Ministry said. (Shutterstock)
November 4th, 2018 - 03:23 GMT

US Lifts Sanctions on Two Turkish Ministers

The first overseas Qatar Visa Centre (QVC) was opened in Colombo, Sri Lanka, on October 11 as part of Qatar’s efforts to facilitate and streamline procedures for bringing expatriates to work. (Shutterstock)
November 4th, 2018 - 03:19 GMT

Qatar Negates The Guardian Report on Lack of Labour Reforms

"The imposition of such measures is contrary to international obligations to respect and promote human rights. Such measures should be condemned and rejected by the international community." (Shutterstock)
November 4th, 2018 - 03:10 GMT

Qatar Sheds Light on Human Rights Violations by Siege Countries

The tint of the company’s “dynamic glass” product can be automatically altered — helping minimize glare and reduce energy consumption by up to 20 percent, it says (Courtesy View)
November 4th, 2018 - 03:01 GMT

Saudi-Backed Softbank Fund Pours $1.1 Billion in Smart Glass Firm View

Egypt has imposed harsh austerity measures to try to right the economy and reduce the budget deficit. (Shutterstock)
November 4th, 2018 - 02:55 GMT

Egypt Strikes Right Chord With IMF on Next $2 Billion Loan Payment

Bloomberg reported on Friday that South Korea and Japan had received waivers along with India, which relies heavily on Iranian supplies. (Shutterstock)
November 4th, 2018 - 02:49 GMT

South Korea, Japan, Amongst 8 Countries That US Granted Iran Sanctions Waivers

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