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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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Few UAE employees work for almost 3 full working days beyond their contracted hours monthly. (Shutterstock)
February 20th, 2019 - 12:09 GMT

Research: Nearly 80 Percent of UAE Employees Work 24 Hours More Every Month

On March 21, honour the special women in our lives by treating her to a feast of mouthwatering Asian dishes.
February 20th, 2019 - 12:09 GMT

Celebrate Mum This Mother’s Day at Toshi

During the event
February 20th, 2019 - 11:58 GMT

Honeywell Opens Kuwait’s First In-Country Manufacturing and Testing Center for Advanced Oil and Gas Technologies

Deloitte Middle East.
February 20th, 2019 - 11:44 GMT

Deloitte: Artificial Intelligence Ethics: The Next Big Thing in Government

The UAE's strong push for the autonomous vehicles is driven by Dubai as the government intends to make 25 per cent of all transportation autonomous by 2030. (Shutterstock)
February 20th, 2019 - 11:42 GMT

25 Percent of Transportation to Be Autonomous in UAE by 2030

Feras bin Abdullah Al Shaikh, Director of Consumer Sales at Ooredoo
February 20th, 2019 - 10:14 GMT

Ooredoo’s New Shababiah Smart Sim Offers Even More Value

During the event
February 20th, 2019 - 10:06 GMT

Shell and the Oman Ministry of Oil & Gas Agree on Next Steps for an Integrated Energy Development Agreement

South Korea is the third-largest buyer of Iranian oil. (Shutterstock)
February 20th, 2019 - 10:00 GMT

Despite US Sanctions, S. Korea Ships in Over $100 Million Worth of Iranian Oil

During the event
February 20th, 2019 - 09:57 GMT

Biolab Participates in 1st Maternal and Child Health Conference

BARSHA G+14 REAR SIDE.
February 20th, 2019 - 09:43 GMT

New Build From DIRC, Al Barsha 1 on Track for December 2019 Completion Date

World Bank Regional Director Saroj Kumar Jha said the pledges - upward of $12 billion in soft loans and grants - were not at risk. (Shutterstock)
February 20th, 2019 - 09:33 GMT

Lebanon Back on CEDRE Track to Unlock $12 Billion of Loans and Grants

During the event
February 20th, 2019 - 09:31 GMT

UAE’s First Waste-To-Energy Project Recognized as Clean Energy Deal of the Year at the Prestigious PFI Awards 2018

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