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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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Sweden ranked first; making Denmark second this year after dominating the list in 2018. (File/Photo)
March 8th, 2019 - 05:00 GMT

Video: The 10 Best Arab Countries for Women

Legislative frameworks in Lebanon have so far significantly hindered women’s access to equal economic rights. (Shutterstock)
March 7th, 2019 - 11:55 GMT

Will Women Be Able to Unleash Their Potentials in Lebanon?

Jordan's Airport Rewarded Best Airport by Size in the Region. (Shutterstock)
March 7th, 2019 - 11:44 GMT

Jordan's Airport Rewarded 'Best Airport by Size' in the Region

Bahrain Commences Developing Oldest Finery in Region. (Shutterstock)
March 7th, 2019 - 10:25 GMT

Bahrain Commences Developing Oldest Finery in Region

Soon You'll Be Able to Travel From Riyadh to Jeddah in Less Than 50 Minutes. (Shutterstock)
March 7th, 2019 - 10:10 GMT

Soon You'll Be Able to Travel From Riyadh to Jeddah in Less Than 50 Minutes

More than 1.6mn people visited Oman’s top five attractions in 2018, boosting domestic tourism in the country. (Shutterstock)
March 7th, 2019 - 09:58 GMT

Planning to Visit Oman? Check out Its Top 5 Attractions

The Kingdom’s entertainment and events calendar is full of activities for which foreign visitors can get e-visas. (Shutterstock)
March 7th, 2019 - 09:45 GMT

Saudi Arabia Mulls Granting Visa-Free Access for Tourists From US, EU, Japan, China

11 per cent growth will be seen in Middle East billionaires during 2018-2023. (Shutterstock)
March 7th, 2019 - 08:59 GMT

Over 60,000 Millionaires in Dubai by 2023

UAE Keen on Accelerating AI Adoption in Private Sector. (Shutterstock)
March 7th, 2019 - 08:49 GMT

UAE Keen on Accelerating AI Adoption in Private Sector

The Kingdom’s exports to Qatar in the first 11 months of 2018 amounted to some JD87 million, while Qatari exports to Jordan were valued at around JD82 million. (Shutterstock)
March 7th, 2019 - 08:45 GMT

Qatar Mulls Expanding Its Investments in Jordan

Emiratis will be given priority for jobs in certain sectors. (Shutterstock)
March 7th, 2019 - 08:39 GMT

Emiratization: A Top Priority in Dubai

Palestinian Banking Sector Growth Influenced by Fintech (Shutterstock)
March 7th, 2019 - 08:32 GMT

Palestinian Banking Sector Growth Influenced by Fintech

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