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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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Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance
March 1st, 2018 - 12:40 GMT

UAE Ministry of Finance Issues Financial Circular No. (1) of 2018

Jordan’s hospitality sector is growing at a rapid pace and is expected to create 20,000 additional jobs by 2020.
March 1st, 2018 - 12:23 GMT

26 Jordanian Hotels Take Part in Tourism Training Programme

Over the last 15 years, Turkey signed trade deals with some 45 African countries and quadrupled the number of investment deals from six to 26. (Pictured here: Recep Tayyip Erdogan, Turkish president/ File photo)
March 1st, 2018 - 12:17 GMT

Turkey's Trade in Africa Has Never Been Better, and This Infographic Proves It

Even touching your mobile phone while driving will be considered a traffic violation for which motorists will be fined SR150. (Shutterstock)
March 1st, 2018 - 12:04 GMT

Use of Mobile Phone While Driving a 'Traffic Violation': Saudi Arabia

BP predicts that the Middle East will remain “the largest oil producer and the second largest gas producer” until 2040. (Shutterstock)
March 1st, 2018 - 11:57 GMT

Middle East to Remain Largest Oil Producer Until 2040: BP

British Airways purser and The Royal Guard in London full-body.
March 1st, 2018 - 11:57 GMT

Don’t Miss the View From Above When You Travel With British Airways

Enjoy the ultimate celebration of stories with the full Academy Awards experience, exclusively on OSN.
March 1st, 2018 - 11:47 GMT

All the Glitz and Glamour of the 90th Academy Awards, Live and Exclusive on OSN

Pepsi has revealed its latest brand campaign, ‘Generation after generation, yet the heart is one,’ bringing together 8 Saudi national icons.
March 1st, 2018 - 11:46 GMT

Pepsi Brings Together Saudi National Icons From Across Generations in New Campaign

Red Sea Grill is open every evening from 7.00 pm until midnight during Aqaba’s summer months, from March until November.
March 1st, 2018 - 11:42 GMT

'Red Sea Grill' Reopens at Movenpick Resort Aqaba

The TV series is now airing on MBC 4, Sunday through Thursday at 6:00 PM (KSA Time).
March 1st, 2018 - 11:30 GMT

Nesma Mahgoub Sings Theme Song of 'Ana Shahira Ana El Kha'en' Season One

Nasser Sarris, General Manager of UAE Banks Federation, speaking at the event.
March 1st, 2018 - 11:21 GMT

UAE Banks Federation Hosts Alliance and SWIFTNet 7.2 Migration Roadshow

The Al Tamimi team was led by co-head of office and partner, Alex Saleh, and partner Omar Handoush.
March 1st, 2018 - 11:01 GMT

Al Tamimi & Company Continues as Legal Counsel for NBK and Kuwait Finance House

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