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BUSINESS

BUSINESS latest

fuel oil
May 14th, 2026 - 11:29 GMT
Sally Shakkour

Sally Shakkour

Cuba has 'ZERO' diesel and fuel oil over Strait of Hormuz blockade

ALBAWABA - Cuba has run out of diesel and fuel oil as gas stations are totally empty due to the blockade imposed by the United States of the Strait of Hormuz amid tension with Iran, Reuters reported Thursday. U.S. President Donald Trump imposed a blockade on Iranian ports in response to the Iranian Navy's closure of the Strait of Hormuz following the military attacks on Tehran by Washington and Tel ...
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The International Monetary Fund, or IMF, warned that the GCC’s reliance on volatile oil revenues and the growing importance of real-estate sector are sources of risks, and said refining macro-prudential policy was key to better manage financial cycles.
March 23rd, 2014 - 03:55 GMT

IMF to GCC economies: go fix yourselves

Thirty-six Saudi engineers have been referred to the Ministry of Interior for investigation due to suspicion that they are holding fake engineering degrees.
March 23rd, 2014 - 03:55 GMT

Yikes, whistle blown on fake engineering degrees in Saudi Arabia

Al Bawaba
March 23rd, 2014 - 02:07 GMT

Turkish lira takes the plunge after Erdogan's 'unwise' twitter move

Al Bawaba
March 21st, 2014 - 01:08 GMT

How the Egyptian economy has its hopes pinned to Sisi

 The UAE, the second biggest Arab economy, doesn’t impose income taxes.
March 21st, 2014 - 12:50 GMT

No wonder there's a 'Dubai rush': Dubai's bankers getting double their London counterparts in bonuses

Currently, they have 2,000 taxis registered in Cairo and the app has recently been launched in Alexandria as well.
March 21st, 2014 - 12:40 GMT

Because hailing a taxi is so 2013, Easy Taxi App makes it to Egypt!

Al Bawaba
March 20th, 2014 - 02:00 GMT

Is anything possible if the UAE govt is behind it? SMEs set to grow exponentially in next few years

Al Bawaba
March 20th, 2014 - 01:00 GMT

True or False? Debt may not necessarily be a bad thing for Dubai's economy

Qatar will issue 10 tenders in 2014 for project managers and design consultants for the construction of the World Cup stadiums (File Archive)
March 20th, 2014 - 12:00 GMT

Scandals aside, Qatar says World Cup 2022 construction "on track"

Al Bawaba
March 20th, 2014 - 10:27 GMT

Standard Chartered launches Islamic Banking in Kenya

Al Bawaba
March 20th, 2014 - 10:10 GMT

Emirates Islamic rewards winners of bill payment campaign

Al Bawaba
March 20th, 2014 - 10:01 GMT

Samsung and Dubai Confidential want to see you “Happy”

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