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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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Gazoo Racing Clinches One-Two Finish for GR Yaris RALLY1 at Rally de Portugal
May 31st, 2022 - 09:19 GMT

Gazoo Racing Clinches One-Two Finish for GR Yaris RALLY1 at Rally de Portugal

Empower Raises the District Cooling Capacity of Business Bay District to 185,000 Refrigeration Tons with Its Fourth Plant
May 31st, 2022 - 09:12 GMT

Empower Raises the District Cooling Capacity of Business Bay District to 185,000 Refrigeration Tons with Its Fourth Plant

Jumeirah Emirates Towers Invites Residents of the United Arab Emirates to Experience an ‘Exceptional City Staycation’ This Summer
May 31st, 2022 - 09:04 GMT

Jumeirah Emirates Towers Invites Residents of the United Arab Emirates to Experience an ‘Exceptional City Staycation’ This Summer

Cisco Study Explores Connection Between Hybrid Work and Wellbeing among UAE Employees
May 31st, 2022 - 08:56 GMT

Cisco Study Explores Connection Between Hybrid Work and Wellbeing among UAE Employees

IBM Study: Sustainability Ranks Among Highest Priorities on CEO Agendas in the Middle East & Africa despite Hindrance to Progress
May 31st, 2022 - 08:47 GMT

IBM Study: Sustainability Ranks Among Highest Priorities on CEO Agendas in the Middle East & Africa despite Hindrance to Progress

Dubai Chambers, Citi Sign MoU to Boost Cooperation and Business Competitiveness
May 31st, 2022 - 08:39 GMT

Dubai Chambers, Citi Sign MoU to Boost Cooperation and Business Competitiveness

MG’s Popular Ramadan Offers Contribute to Best-Ever Month in the Middle East
May 31st, 2022 - 08:23 GMT

MG’s Popular Ramadan Offers Contribute to Best-Ever Month in the Middle East

Mobily and Telecom Egypt Sign an MoU to Build a Submarine Cable Connecting Saudi Arabia to Egypt
May 31st, 2022 - 07:41 GMT

Mobily and Telecom Egypt Sign an MoU to Build a Submarine Cable Connecting Saudi Arabia to Egypt

Nestlé and L’oréal Partner to Upskill Youth in MENA
May 31st, 2022 - 07:25 GMT

Nestlé and L’oréal Partner to Upskill Youth in MENA

Russia's Gazprom Suspends Gas Supply to the Netherlands
May 31st, 2022 - 07:22 GMT

Russia's Gazprom Suspends Gas Supply to the Netherlands

Emirates Skycargo Expands Capacity with Delivery of New Freighter
May 31st, 2022 - 07:04 GMT

Emirates Skycargo Expands Capacity with Delivery of New Freighter

China Takes Advantage of Russia-Ukraine War, Increases Aluminium Exports to Europe
May 31st, 2022 - 06:58 GMT

China Takes Advantage of Russia-Ukraine War, Increases Aluminium Exports to Europe

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