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BUSINESS

BUSINESS latest

Shipping & Logistics
April 24th, 2026 - 01:19 GMT
Osama Ali

Osama Ali

Giant oil tankers power economies while carrying Billion-Dollar spill risks

ALBAWABA - Massive oil tankers continue to be an essential part of the world's energy supply chain, carrying millions of barrels of crude oil across oceans and guaranteeing the survival of economies and businesses all over the world. But despite their strategic significance, these ships also pose serious operational and environmental dangers, especially in the case of mishaps or deliberate interruptions. In order to reduce the possibility and damage of ...
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Read this interview with the Indian ambassador to Egypt, Sanjay Bhattacharyya. (Courtesy of the Embassy of India)
September 19th, 2017 - 01:51 GMT

Six Indian Companies Will Be Investing in Egypt Soon: Interview With Indian Ambassador

The project will cost $57 million and is expected to improve the health sector in Jordan. (Courtesy of JU)
September 19th, 2017 - 01:37 GMT

Saudi Development Fund to Build $57 Million Hospital in Jordan: Minister

The profitability of Gulf Islamic banks will deteriorate this year and in 2018 with several factors coming into play. (File photo)
September 19th, 2017 - 01:28 GMT

Profitability of Gulf Islamic Banks to Fall in 2017: Report

While many visas get approved by the UAE every month, some get rejected. (File photo)
September 19th, 2017 - 12:01 GMT

7 Reasons Why Your UAE Visa May Be Rejected

Theme parks in the UAE could be subject to the new tax, starting from 2018. (Courtesy of IMG Worlds)
September 19th, 2017 - 11:54 GMT

VAT to Increase Theme Park Ticket Prices in UAE: Tax Experts

The Saudi delegation
September 19th, 2017 - 11:39 GMT

UAE Ministry of Finance Receives a Delegation From Saudi Arabia

Pay Dh550 ($150) for a cup of coffee in this Dubai cafe. Yes, really. (Pixabay)
September 19th, 2017 - 11:34 GMT

For $150, Sip on the World's Most Expensive Coffee in This Dubai Cafe

The funding round has boosted the company’s valuation to $5.1 billion. (Photo courtesy of Slack)
September 19th, 2017 - 11:24 GMT

Slack Gets $250 Million Funding From Saudi-Backed Softbank Group

Bookings can be made online via the flyadeal official website.
September 19th, 2017 - 11:20 GMT

Flyadeal, Saudi Arabia's New Low-Fare Airline, Announces National Day Promotion

The new rail project links the Red Sea port of Jeddah with Riyadh and the Arabian Gulf. (Shutterstock)
September 19th, 2017 - 11:10 GMT

Saudi Arabia to Issue Tenders for Massive Railway in Early 2018

Dr. Rafael Consunji, Director of the Hamad Injury Prevention Program
September 19th, 2017 - 11:08 GMT

HMC Offers Back to School Traffic Safety Tips

The Cellar Restaurant at Oryx
September 19th, 2017 - 11:08 GMT

Oryx Rotana Launches 'The Cellar' in Its New Look

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