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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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Transportation exports from the U.S., mainly in terms of Boeing-UAE airline deals, are behind the spike in bilateral trade between the U.S. and the UAE in 2013 (File Archive)
March 12th, 2014 - 06:30 GMT

U.S. exports to UAE rising...at least in this sector

Al Bawaba
March 12th, 2014 - 06:27 GMT

Drake and Scull awards Off-Site Engineering Solutions with supplies contract for Jabal Omar project in Makkah

Al Bawaba
March 12th, 2014 - 06:16 GMT

NBAD approves distribution of 40% cash dividends and 10% bonus shares

GCC governments are in process of diversifying their economies to transform their portfolio into one that goes beyond the oil sector (File Archive/Shutterstock)
March 12th, 2014 - 06:16 GMT

Public-private partnerships may be key to take Gulf's economic growth to next level

Dubai Customs
March 12th, 2014 - 05:25 GMT

Dubai Customs plays leading role in supporting global trade compliance

Al Bawaba
March 12th, 2014 - 05:00 GMT

One sweet deal: Oman to award $65 billion in EPC contracts in next five years

Al Bawaba
March 12th, 2014 - 05:00 GMT

Why MENA investors are ready to spend in the art market

Al Bawaba
March 11th, 2014 - 02:00 GMT

A ban worth billions: you won't believe how much Saudis spend on energy drinks every year

Insurance companies in Egypt had to pay 45.5 percent more in claims in 2012-13 than the year prior due to the uprising in the country (File Archive/AFP)
March 11th, 2014 - 12:27 GMT

Global leader in insurance market set to expand in Egypt

Al Bawaba
March 11th, 2014 - 11:47 GMT

DEWA participates in EFG Hermes 10th Annual One-on-One Conference in Dubai

Al Bawaba
March 11th, 2014 - 11:31 GMT

International honours for dnata’s ground handling operations

Al Bawaba
March 11th, 2014 - 11:22 GMT

Dubai Islamic Bank recognised as “Best Sukuk House” at EMEA Finance Awards

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