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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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Uber's rival in the region, Careem, topped this list by raising $200 million to expand its services. (Shutterstock)
March 11th, 2019 - 12:51 GMT

Video: 10 Biggest MENA Tech Investment Deals in 2018

Dubai Private Sector Not Hiring Despite Stable Economy. (Shutterstock)
March 11th, 2019 - 12:12 GMT

Dubai Private Sector Not Hiring Despite Stable Economy

Iraqi, Kuwaiti Ports: From Competitors to Partners. (Shutterstock)
March 11th, 2019 - 12:02 GMT

Iraqi, Kuwaiti Ports: From Competitors to Partners

The announcement aims to drive the development of the AgTech ecosystem. (Shutterstock)
March 11th, 2019 - 11:31 GMT

Abu Dhabi Aims to Become Global AgTech Centre

UAE Starts Receiving Applications for 10-Year Visa. (Shutterstock)
March 11th, 2019 - 11:20 GMT

UAE Starts Receiving Applications for 10-Year Visa

Contactless and NFC-enabled solutions use tokenisation technology that protects sensitive information from theft and fraud. (Shutterstock)
March 11th, 2019 - 10:23 GMT

The Importance of Omnichannel Payments for Your Business

GCC Construction Contracts Plummet 39 Percent in Value Terms. (Shutterstock)
March 11th, 2019 - 09:39 GMT

GCC Construction Contracts Plummet 39 Percent in Value Terms

Qatar-Pakistan Trade Soars 230 Percent Hitting $2.6 Billion in 2018. (Shutterstock)
March 11th, 2019 - 09:34 GMT

Qatar-Pakistan Trade Soars 230 Percent Hitting $2.6 Billion in 2018

Qatar Project Creates Over 6,000 Jobs in Gaza. (Shutterstock)
March 11th, 2019 - 09:23 GMT

Qatar Project Creates Over 6,000 Jobs in Gaza

IMF: Tunisia's GDP Is Lowest Among Its Arab Maghreb Peers. (Shutterstock)
March 11th, 2019 - 09:00 GMT

IMF: Tunisia's GDP Is Lowest Among Its Arab Maghreb Peers

Saudi Arabia Aims to Produce Over 50% of Solar Energy Globally by 2030. (Shutterstock)
March 11th, 2019 - 08:24 GMT

Saudi Arabia Aims to Produce Over 50% of Solar Energy Globally by 2030

Determining what really matters to you early on, will save you a lot of headache and heartache later on. Put everything on the table here. (Shutterstock)
March 11th, 2019 - 08:19 GMT

6 Tips to Help You Find Your Ideal Job

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