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BUSINESS

BUSINESS latest

US unfreezes major Iranian assets during talks over Hormuz
April 11th, 2026 - 10:14 GMT
Osama Ali

Osama Ali

US unfreezes major Iranian assets during talks over Hormuz

ALBAWABA - According to a senior Iranian source, the United States has consented to unfreeze Iranian financial assets stored overseas, which is viewed as a possible step toward furthering the two sides' continuing conversations. Speaking to Reuters, the person characterized the action as a show of goodwill and perhaps a step closer to a more comprehensive deal. Associated with Hormuz Security According to officials, the release of assets is contingent ...
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The sharp decline in world's stock markets in recent days will not lead to postponing the issuance of bonds by Egypt, according to a source at the Central Bank of Egypt. (Pictured here: Egyptian President Abdel Fattah el-Sisi/ AFP)
February 7th, 2018 - 02:29 GMT

Stock Markets Crisis Will Not Affect Egypt’s Bonds Issuance: Central Bank

Egyptian tycoon Naguib Sawiris features in a new video that hopes to contribute to reshaping investment in Egypt. Watch it here. (Naguib Sawiris/ Facebook)
February 7th, 2018 - 01:30 GMT

In this Video, Billionaire Naguib Sawiris Wants You to Invest in Egypt

Dr. Talal Abu-Ghazaleh receiving the awards from a delegation representing Emaar Moab Foundation.
February 7th, 2018 - 12:40 GMT

Abu Ghazaleh Granted Shield and Honorary Membership From Emaar Moab Foundation

Located in Doha, the QNB Group is one of the largest financial institutions in the Middle East region.
February 7th, 2018 - 12:33 GMT

QNB Group Announces Successful Closing of Syndication for Its $3.5 Billion Loan

Have a one-meter wide designated ‘kid-free zone’ around open fires and space heaters, says Hamad Medical Corporation (HMC).
February 7th, 2018 - 12:26 GMT

Kid-Free Areas and Certified Heaters Key to Safely Heating Your Home: HMC

Jerome Carle, General Manager at Julphar and Dr. Abdul Karim Abdullah Al Zarouni, Director of the Ministry’s Emergency, Crisis, and Disaster Operations Center during the signing.
February 7th, 2018 - 12:20 GMT

UAE Ministry of Health, Julphar Partner to Help Reinforce UAE’s Medicine Supplies During Emergencies

A weak dollar means the potential for a global currency war is strong. (File photo)
February 7th, 2018 - 12:05 GMT

Opinion: A Currency War Is Taking Shape Around a Weak Dollar

Turkey intends to do its own 'unique work' on cryptocurrency, Deputy Prime Minister Mehmet Simsek said on Tuesday. (Pixabay)
February 7th, 2018 - 11:45 GMT

Turkey Has 'Unique Plans' for Cryptocurrency, Says Minister

The agency made the emergency appeal as it faces a projected deficit of $200 million in its emergency budget for this year.
February 7th, 2018 - 11:28 GMT

UNRWA Staff to Hold One-Hour Protest Against US Aid Cut Thursday

After banking on oil for decades, Saudi Arabia is now trying to tie its future to another resource it has in abundance: sunlight. (File photo)
February 7th, 2018 - 11:27 GMT

From Oil to Solar: Saudi Arabia Rolls-Out a New Energy Plan

GSEA is EO’s premier awards program for students who own or operate a business while attending college or university.
February 7th, 2018 - 10:47 GMT

American University of Dubai Student Wins UAE Qualifiers of the Global Student Entrepreneur Awards

Amit Kaushal, CEO of Dubai Holding
February 7th, 2018 - 10:32 GMT

Dubai Holding Marks the End of 2017 With Record Achievements

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