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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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During the event
February 26th, 2019 - 12:10 GMT

ADNIC Awarded Mohammed Bin Rashid Al Maktoum Business Excellence Award

Cafu aims to make people's lives more efficient by leveraging technology and innovation. (File/Photo)
February 26th, 2019 - 11:59 GMT

This App in UAE Will Save You If You Run Short on Fuel

Four global Four Seasons properties earned their first Five-Star designation this year, including Four Seasons Hotel Ritz Lisbon; Four Seasons Resort Lanai; Four Seasons Resort The Nam Hai, Hoi An; and Four Seasons Hotel Abu Dhabi at Al Maryah Island.
February 26th, 2019 - 11:56 GMT

Four Seasons Hotels and Resorts Receives Record Number of Forbes Travel Guide Five-Star Awards for Fourth Year Running

The oil industry is on the decline, and petrol-burning motor cars will soon be replaced by electric vehicles. (Shutterstock)
February 26th, 2019 - 11:48 GMT

Saudi Aramco: Oil Industry Faces 'Crisis of Perception'

During the event
February 26th, 2019 - 11:41 GMT

MAG Lifestyle Development Records Dh100 Million in Sales for the First Phase of Mag City in Meydan

During the event
February 26th, 2019 - 11:33 GMT

Burgan Bank Celebrates Kuwait’s National Days with its Employees

During the event
February 26th, 2019 - 11:25 GMT

Bank Nizwa Organizes Special Event for Its Wealth Management Customers at Nizwa Fort

Funds worth Dh32 billion  have already been allocated for the project which runs until 2025. (Shutterstock)
February 26th, 2019 - 11:18 GMT

UAE to Build Over 30,000 Residential Units for Its Nationals by 2025

During the event
February 26th, 2019 - 11:09 GMT

Abu-Ghazaleh Knowledge Forum Hosts Al-Khairallah in Prospects of the Strategic Relations Between Iraq and Jordan Seminar

Saudi private funds rose 25.8 percent in the Q4 to $47.54 billion, compared with $37.77 billion in the same quarter in 2017. (Shutterstock)
February 26th, 2019 - 11:06 GMT

Saudi Arabia's Investment Funds Increased 15 Percent in 2018

Gov't to pay new personnel's salaries, premiums and taxes for 3 months. (Shutterstock)
February 26th, 2019 - 10:59 GMT

Turkey to Raise Employment by Supporting Businesses

Faten Abu Ghazaleh, Service Hero President
February 26th, 2019 - 10:57 GMT

Service Hero Records a 1.6 Percent Growth in Its Annual Customer Satisfaction Index for the UAE and Announces Category Leaders

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