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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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Crypto-assets operating under blockchain distributed ledger systems have drawn much regulator attention globally. (Shutterstock)
February 26th, 2019 - 08:53 GMT

Bahrain Issues Rules on Crypto-Assets

The HTC 5G Hub allows customers to use 5G on multiple devices while on the go, at work, or at home for fast connectivity, content sharing, entertainment and more.
February 26th, 2019 - 08:46 GMT

HTC Unveils Innovative New 5G Mobile Smart Hub

Brent closed at $67.25 per barrel while WTI traded at $57.11 per barrel at the same time. (Shutterstock)
February 26th, 2019 - 08:45 GMT

Brent Crude Falls to $67 Per Barrel

Expatriates hold 60,386 public sector jobs. (Shutterstock)
February 26th, 2019 - 08:37 GMT

Despite Saudization Efforts, Expats Still Occupy Over 60,000 Public Sector Jobs

More than 80 per cent of all the hotels that are set to open in 2019 will be three stars and below. (Shutterstock)
February 26th, 2019 - 08:30 GMT

Oman to Build 31 Hotels in 2019 to Boost Tourism

Guests can experience traditional cuisine inspired by ingredients found within the region, including a number of locally harvested produce, together with meat, spices, and herbs.
February 26th, 2019 - 08:13 GMT

Al Bustan Palace, a Ritz-Carlton Hotel Introduces Turkuaz - Oman’s First Pop up Turkish Restaurant & Lounge

The country also aims to invest in artificial intelligence technologies for smart sustainable energy systems. (Shutterstock)
February 26th, 2019 - 08:13 GMT

Major Saudi-British Energy, AI Initiative Launched in Saudi Arabia

During the event
February 26th, 2019 - 07:58 GMT

Sohar International Supports Oman Diabetes Association for

Mr. Abdulrahman Abdullatif Al Khan, Head of Cards & E-Channels in KFH-Bahrain
February 26th, 2019 - 07:46 GMT

Kuwait Finance House Bahrain Announces January Winners of Shop and Win! Campaign

During the event
February 26th, 2019 - 07:32 GMT

FAB Shareholders Approve Record Dividends of Dh8.06 Billion

During the event
February 26th, 2019 - 07:06 GMT

STC and Huawei Announce the Aspiration Project

During the event
February 26th, 2019 - 06:57 GMT

Ooredoo Selects Ericsson for 5G

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