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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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Amer Ali, Executive Director of DMCA
February 20th, 2019 - 09:25 GMT

Dubai Maritime City Authority Participates With Three Dedicated Stands in Dubai International Boat Show 2019

Despite significant additional supply to the market in 2019 and 2020 from existing projects, S&P expects very few launches this year and the next year because developers will pull back supply in response to lower margins due to falling prices. (Shutterstock)
February 20th, 2019 - 09:23 GMT

Report: Dubai Property Prices to Remain Low Until 2020

An official at the IACC said on Tuesday that a specialised team overseeing the matter found that the value of the 667 forged exemptions amounted to JD1,459,000, Petra reported. (Shutterstock)
February 20th, 2019 - 09:10 GMT

Jordan Identifies More Than 1.45 Million JDs Worth of Forged Medical Exemptions

During the event
February 20th, 2019 - 09:05 GMT

President of the Republic of Macedonia Hosts Dr. Abu-Ghazaleh as a Guest of Honor

The rules for dealing with expatriates who violate the laws already exist. Several important points include the non-permissibility of allowing the worker to work separately or for others by his employer. (Shutterstock)
February 20th, 2019 - 08:58 GMT

Saudi Cracks Down on Violating Expats

According to Xinhua, Zarif expressed Tehran’s desire to take part in China’s massive infrastructure development project. (Shutterstock)
February 20th, 2019 - 08:47 GMT

Iran Wants in on China's Belt and Road Initiative

The UAE Armed Forces has awarded 28 deals worth Dh4.87 billion ($1.32 billion) on the third-day of the International Defence Exhibition (Idex) and the Naval Defence and Maritime Security Exhibition (Navdex). (Shutterstock)
February 20th, 2019 - 08:41 GMT

IDEX Witnesses Record $4.59 Billion Contracts From UAE Armed Forces

'The step that we are taking today is a step towards transparency and standards." - Saad Hariri, The President of the Council of Ministers.
February 20th, 2019 - 08:34 GMT

Lebanon Launches Electronic System in Bid for More Transparency

During the event
February 20th, 2019 - 08:25 GMT

Dubai Culture to Familiarise Global Village Visitors With Marine Environment in UAE

SME’s stake in the financial portfolio of Saudi banks has doubled over the last two years. (Shutterstock)
February 20th, 2019 - 08:23 GMT

Opinion: This Is What Plagues SMEs in Saudi, and It's Not the Money

Students learn about the equipment used by the General Directorate of Coast and Border Security during Qatar Career Development Center’s Career Village 2018.
February 20th, 2019 - 08:10 GMT

QCDC Gears up for Career Village 2019

US President Donald Trump and Saudi Deputy Crown Prince and Defense Minister Mohammed bin Salman speak to the media in the Oval Office at the White House in Washington, DC, on March 14, 2017.(AFP)
February 20th, 2019 - 07:59 GMT

US Investigating Trump-Saudi Nuclear Deal

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