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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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LG announced record full-year revenues for 2017.
February 26th, 2018 - 12:21 GMT

LG Revenues for 2017 Increase to $55.4 Billion

The Saudi Food and Drug Authority (SFDA) has assigned a unified call center number 19999 for citizens and expats to report any concerns.
February 26th, 2018 - 12:17 GMT

Bad Quality of Food, Cosmetics, Medicines: Call Saudi Food and Drug Authority

About 9.5 million Egyptians live outside the country, with 6.2 million expats living in Arab countries. (Khalil Mazraawi/ AFP)
February 26th, 2018 - 12:12 GMT

Remittances of Egyptians up 19 Percent Since Pound Flotation: Report

S&P forecasts that MENA countries will borrow about $181 billion this year from domestic and international commercial sources, down $11 billion from 2017.
February 26th, 2018 - 12:09 GMT

MENA's Borrowing to Drop 6 Percent in 2018, after Falling 30 Percent in 2017: S&P

The new Jeddah airport is expected to serve more than six million passengers annually in addition to 1.5 million pilgrims.
February 26th, 2018 - 12:03 GMT

New Jeddah Airport’s Soft Opening in May: GACA

The refurbishment project is scheduled to run for 45 days between April and May 2019.
February 26th, 2018 - 11:58 GMT

Dubai Airports to Close DXB’s Southern Runway for 45 Days

Jordan’s public debt and budget deficit levels are negatively affecting loanable funds available at banks across the country, according to a new study. (File photo)
February 26th, 2018 - 11:56 GMT

Public Debt, Budget Deficit Reducing Loanable Funds at Banks: Jordan

Participants at the event.
February 26th, 2018 - 11:46 GMT

Ministry of Public Health, Unicef Collaborate With K2P Center at AUB

Dr. Jamal Abdullah, Smoking Cessation Specialist at HMC
February 26th, 2018 - 11:39 GMT

HMC: Clinic Records Increase in Number of Patients Seeking Assistance to Quit Smoking

Gregory Garnier, Partner at Bain & Company Middle East
February 26th, 2018 - 11:29 GMT

Global Private Equity Posts Another Solid Year in 2017: Bain & Company

Salem Ahmad Almoosa, Chairman and General Manager of Falconcity of Wonders, was presented with an award in appreciation of the strategic role as Platinum Sponsor of the first Arab Land Conference.
February 26th, 2018 - 10:47 GMT

Falconcity of Wonders fosters knowledge exchange in first Arab Land Conference

Kung Fu Masters from the Shaolin Warriors at du.
February 26th, 2018 - 10:45 GMT

du Welcomes Kung Fu Masters to Al Salam Dubai Store

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