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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 news comes as a giant, 600-tonne tower crane is removed from the construction site, signalling a major milestone in Nakheel Mall’s progress.
March 5th, 2018 - 12:40 GMT

Dh1.2 Billion Nakheel Mall Completes 85 Percent

 The much-anticipated opening of China’s first integrated entertainment resort is set to enhance Hainan’s incredible tourism proposition.
March 5th, 2018 - 12:34 GMT

Atlantis Launches Dh1.6 Billion Resort in China

Al Marjan Island complements the focus of the Ras Al Khaimah government to establish the emirate as one of the fast-growing business and leisure hubs in the region.
March 5th, 2018 - 12:26 GMT

Al Marjan Island to Highlight Investment Opportunities at Berlin International Hotel Investment Forum

The winners were congratulated and recognized by Ahmed Mahboob Musabih, DC Director, in presence of executive directors, heads of departments and a number of staff.
March 5th, 2018 - 12:18 GMT

Dubai Customs Honors ‘Innovator Award’ Winners

Samer Habbal, Head of Emerging Businesses and Content, MENA, Reuters and Mansoor Sarwar, Director of Technical Services and Pre-sales at Sage.
March 5th, 2018 - 12:08 GMT

Sage Joins Thomson Reuters Accelerate SME as Technology Solution Provider

oredoo prepaid customers can now request advance data bundles, directly from their mobile devices wherever they are at any time of the day.
March 5th, 2018 - 12:03 GMT

Ooredoo Oman Launches ‘Easy Data’ Service for the First Time

Saud Abu Al Shawareb, Abdulla Belhoul, Yousuf Ali M.A and Salim M.A during the signing agreement.
March 5th, 2018 - 11:59 GMT

Dubai Wholesale City Signs Dh300 Million Agreement With Lulu Group

Ford Middle East is expecting to further grow its volumes this year.
March 5th, 2018 - 11:53 GMT

Ford Transit, Fastest Growing Van Brand, Triples Its Middle East Sales in 2017

On Sunday, President Sheikh Khalifa bin Zayed Al Nahyan issued a decree establishing the new firm. (Photo: Wam)
March 5th, 2018 - 11:33 GMT

Abu Dhabi Sets up Dh500 Million Body to Regulate Government Firms

The Fund allocated an AED103 million concessionary loan for the Tirana River Rehabilitation project in 2013.
March 5th, 2018 - 11:32 GMT

Abu Dhabi Fund for Development Finances Strategic Projects in Albania Worth Dh424 Million

Cochlear implants are devices that can provide sound for people who receive little or no benefit from hearing aids.
March 5th, 2018 - 11:10 GMT

HMC Provides the Gift of Good Hearing to Thousands of Patients

The final agreement been signed between DP World and the Dubai government.
March 5th, 2018 - 11:04 GMT

DP World to Begin Work on Somaliland Free Zone

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