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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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Emirates NBD delivered a record set of results in 2018, with net profit up 20 per cent year-on-year to Dh10 billion. (Shutterstock)
February 19th, 2019 - 12:04 GMT

Emirates NBD Ranked No.1 UAE Banking Brand, 76th Worldwide

China on Monday rejected the position of the US on Huawei. (Shutterstock)
February 19th, 2019 - 11:50 GMT

China Refuses US Position on Huawei

Our monthly car rental service go for as long as 9 months at a pocket friendly price.
February 19th, 2019 - 11:49 GMT

Al-Safar Rent a Car L.L.C Lowest Rent a Car in Dubai

The collapse of trade talks would trigger a new round of tariff hikes. (Shutterstock)
February 19th, 2019 - 11:47 GMT

Will US-China Trade Deal Be Enough?

Crown Lounge.
February 19th, 2019 - 11:23 GMT

Royal Jordanian’s Crown Lounge to Welcome World Elite, World, Titanium, and Platinum Mastercard Cardholders

During the event
February 19th, 2019 - 11:15 GMT

Abu Dhabi University to Host Engaging Activities During the Health and Fitness Fun Festival

Applicants for a tourist and express visas must apply one week before traveling to the Sultanate. (Shutterstock)
February 19th, 2019 - 11:14 GMT

Traveling to Oman? You Need to Apply for Your Tourist Visa a Week Before

During the event
February 19th, 2019 - 11:14 GMT

Abu Dhabi University to Host Engaging Activities During the Health and Fitness Fun Festival

ENBD REIT will look to acquire up to 4.4 million shares from the market in its share buyback programme, effective from Thursday 21st February 2019
February 19th, 2019 - 11:08 GMT

ENBD REIT Announces Share Buy-Back Programme

The police said they needed to raise awareness in the community about ways residents can protect their privacy online. (Shutterstock)
February 19th, 2019 - 11:07 GMT

Up to 95 Percent of Dubai's Crimes Will Be Committed Online

A man tries the Saudi Telecom virtual reality glasses on a 5G connected car at the MWC 2018 in Barcelona. (AFP)
February 19th, 2019 - 11:00 GMT

Foldable, 5G Smartphones Will Be the Stars of Spain's Mobile World Congress

The South Korean ambassador to Turkey said Monday a deal signed last August will boost trade volume between the two countries. (Shutterstock)
February 19th, 2019 - 10:53 GMT

Turkey, S.Korea, Sign a Deal to Boost Trade Volume

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