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BUSINESS

BUSINESS latest

JD Vance in Switzerland
June 21st, 2026 - 11:58 GMT
P. Choiaqo

P. Choiaqo

JD Vance says 16 million barrels of oil flowed through Hormuz in 24 hours

ALBAWABA - It seems that the MOU signed between the U.S. and Iran is slowly becoming reality as oil flows through Hormuz despite Iranian claims of the strait being shut down. On Wednesday, Iran and the U.S. signed a 14-point memorandum of understanding (MOU) with one of its points allowing the free flow of oil without restrictions and blockades from both sides. However, as Israel continues its attacks on Lebanon ...
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The recessionary indicators are numerous. (Shutterstock)
March 21st, 2019 - 08:40 GMT

Opinion: The Snowball Effect of the Coming Recession


Mazen Tarazi (Twitter)
March 21st, 2019 - 08:33 GMT

Syrian Businessman Linked to Assad Arrested in Kuwait

The net flow as a percentage of assets for Saudi Arabia funds increased by about 48 percent this year. (Shutterstock)
March 21st, 2019 - 08:27 GMT

Global Exchange Funds Build Cash Piles to Place in Saudi Arabian Equities

The streaming giant will continue to tighten its grip and make more shows available in the region, the CEO said. (Shutterstock)
March 21st, 2019 - 06:00 GMT

Netflix to Expand Its Audience in the Region

Bezos is now worth $145.6 billion, having added $20.7 billion to his fortune this year alone. (AFP)
March 21st, 2019 - 05:30 GMT

Meet the World's Two Centibillionaires

Amman, Jordan (Shutterstock)
March 21st, 2019 - 05:00 GMT

Jordan’s Public Debt Exceeds $40 Billion

Money laundering, bribery and corruption were identical at around 12 per cent. (Shutterstock)
March 20th, 2019 - 07:00 GMT

Survey: 44 Percent Have Fallen Victim to Financial Crime

Many Dubai residents are taking full advantage of the decline in rental rates. (Shutterstock)
March 20th, 2019 - 05:00 GMT

5 Factors to Help You in Choosing Your Next Home in Dubai

The French capital was the only eurozone city in the top 10, rising from second most expensive last year and from seventh position two years ago. (File/Photo)
March 20th, 2019 - 11:28 GMT

These Are the Three Priciest Cities in the World

When you find a product you love, you can now buy it without leaving the app. (Shutterstock)
March 20th, 2019 - 09:05 GMT

Soon You Will Be Able to Shop Directly on Instagram

A new government grant of up to BD5,000 is available for enterprises wishing to develop in Bahrain. (Shutterstock)
March 20th, 2019 - 08:48 GMT

Over $13,000 Grant for Businesses Wishing to Develop in Bahrain

Tourist visit visas will be valid for three months and given to Europeans and resident expats’ wives and children. (Shutterstock)
March 20th, 2019 - 08:41 GMT

Kuwait Determines Your Visit Visa Duration Based on the Financial Status of Your Host

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