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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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Virgin Hyperloop One has announced its plan to build a hyperloop between the two Indian cities. (Shutterstock)
February 20th, 2018 - 02:53 GMT

Hyperloop in India: Virgin Turns Dream Into Reality for Pune and Mumbai

The U.S. dollar inched higher versus a basket of major currencies on Tuesday. Oil markets were split. (Shutterstock)
February 20th, 2018 - 02:07 GMT

Strong U.S. Dollar, Mixed Oil: Top 5 Things to Know in the Markets Today

Nokia introduces S-MVNO for Public Safety service, which enhances commercial LTE networks to meet mission critical requirements of public safety agencies.
February 20th, 2018 - 01:02 GMT

Nokia Introduces Services, Technology to Help Operators Address Needs of Digital Cities

The trophy was celebrated by thousands in Amman.
February 20th, 2018 - 01:00 GMT

Thousands Welcome 'The FIFA World Cup Trophy Tour' by Coca-Cola in Amman

During the bilateral discussions
February 20th, 2018 - 12:45 GMT

Obaid Humaid Al Tayer Meets Vice President and Finance Minister of Switzerland in Dubai

The insurance coverage of King Tut's belongings to be shown abroad was valued at $862 million, said Egypt's Minister of Antiquities Khaled El-Anany. (Shutterstock)
February 20th, 2018 - 12:33 GMT

King Tutankhamun’s Trip Abroad Costs Egypt $862 Million: Minister of Antiquities

The grant was announced at a signing ceremony hosted by Siemens, in partnership with three universities.
February 20th, 2018 - 12:31 GMT

Siemens Announces Largest-Ever Software Grant in Egypt to Support Education

Dilhan Ferando, Founder of Dilmah and Merill J Fernando
February 20th, 2018 - 12:19 GMT

Dilmah Looks to Expand Footprint in GCC Region

The initiative aims to pay tribute to Sheikh Zayed’s inspirational and honourable virtues.
February 20th, 2018 - 12:10 GMT

Emirates Hospital Honours ‘Year of Zayed’ With Large-Scale Poster

Customers can subscribe through the dedicated Ooredoo Oman App and select Roaming then the country they will be visiting.
February 20th, 2018 - 12:09 GMT

Ooredoo Passport GCC Makes Data Roaming Even Easier

Pakistan is the riskiest country to be born in, according to a report by UNICEF. (Shutterstock)
February 20th, 2018 - 12:09 GMT

Pakistan Riskiest, Japan Safest Country to Be Born In: Report

The tickets for Dubai Frame are priced at AED 50 for adults and AED 20 for children.
February 20th, 2018 - 12:05 GMT

Dubai Municipality Extends Opening Hours of Dubai Frame

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