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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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Happiness is no longer a choice for companies wishing to maximize return on their most valuable investments: their people. (File photo)
February 22nd, 2018 - 12:24 GMT

Why Happiness at Work Matters, and How to Make People Happy

Bitcoin and other cryptocurrencies could be used to send funds to Iran, bypassing sanctions imposed by the US. (AFP/ File)
February 22nd, 2018 - 12:07 GMT

Iran Could Turn to Its Own Cryptocurrency, to Avoid US Sanctions

In each family category there are specific fare rules, and also a different price range for each fare type.
February 22nd, 2018 - 12:00 GMT

Saudia Introduces New Domestic Travel Packages

Waleed Fatani, Chief Executive Officer of Saudi Fransi Capital
February 22nd, 2018 - 11:54 GMT

Saudi Fransi Capital Appoints HSBC as Its Fund Manager

The bank’s board accepted Al Musalami’s resignation at its meeting held on February 21, 2018.
February 22nd, 2018 - 11:42 GMT

National Bank of Oman CEO Resigns

IIPIEP 2018 held at Grand Hyatt Dubai attended by industry experts, innovators, and decision-makers.
February 22nd, 2018 - 11:34 GMT

New Islamic Economy Products Unveiled in Dubai

Yachts, marinas, and man-made islands are all in store at the 2018 Dubai International Boat Show, from February 27 to March 3.
February 22nd, 2018 - 11:27 GMT

Superyachts and Water Sports on the Menu at the 2018 Dubai International Boat Show

The chatbot will launch next year. (Shutterstock)
February 22nd, 2018 - 11:19 GMT

Saudi Arabia Announces Chatbot for Haj and Umrah Queries

The first model of the hyperloop is being unveiled as part of the UAE Innovation month, the RTA said.
February 22nd, 2018 - 11:17 GMT

Dubai’s RTA Unveils Prototype of Hyperloop One

On May 2, 2017, Singapore-based Changi Airports said in a statement that it had won the license to run the airport for a 20-year term. (Courtesy of GACA)
February 22nd, 2018 - 10:57 GMT

Changi Airports Loses Deal to Manage Jeddah Airport, 10 Months After Tender

Qualcomm Anticipates that its Future Snapdragon 5G Mobile Chipsets Will Use Samsung’s 7nm LPP EUV Process Technology.
February 22nd, 2018 - 10:37 GMT

Samsung, Qualcomm Expand Foundry Cooperation on EUV Process Technology

Stefan Pichler, RJ President and CEO
February 22nd, 2018 - 10:19 GMT

RJ Invites Customers to Choose New Name for Its Frequent Flyer Program

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