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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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A sense of increased optimism and confidence has been noticed among the region’s wealthy in the context of the regional economy. (Shutterstock)
February 18th, 2019 - 09:43 GMT

GCC’s Wealthy Optimistic About Regional Economy

Park Hyatt Abu Dhabi
February 18th, 2019 - 09:37 GMT

Park Hyatt Abu Dhabi Hotel and Villas Celebrated Love With the Longest Valentine Park Social Table

If Careem customers take 15 rides a month they will achieve the Careem Gold status and enjoy benefits including 50 percent more points awarded on all rides.
February 18th, 2019 - 09:28 GMT

Careem Launches One of the Region’s Biggest and Most Generous Rewards Programme

Khaled Sifri, CEO of Emirates Investment Bank
February 18th, 2019 - 09:17 GMT

EIBank’s 2019 GCC Wealth Insight Report Increased Optimism and Confidence Among the GCC Wealthy

Cairo is the world’s most budget-friendly tourist destination. (Shutterstock)
February 18th, 2019 - 09:11 GMT

Report: Cairo Is World’s Most Budget-Friendly Tourist Destination

During the event
February 18th, 2019 - 09:03 GMT

Mohammed Bin Rashid Al Maktoum Knowledge Foundation Organises Interactive Workshops at Nobel Exhibition 2019

UAE citizens will be able to travel to Russia without prior visas. (Shutterstock)
February 18th, 2019 - 09:01 GMT

UAE Nationals Can Now Travel to Russia Without Pre-Entry Visa

The minister announced future plans to turn the New Administrative Capital into the first cashless city. (Shutterstock)
February 18th, 2019 - 08:52 GMT

Egypt’s New Administrative Capital Aims to Be First Cashless City

The deal will see Ooredoo provide 10 branded cars to assist cyclists with transporting their bicycles from region to region during the five-day race.
February 18th, 2019 - 08:49 GMT

Ooredoo Pedals Tour of Oman

During the event
February 18th, 2019 - 08:44 GMT

The Mall at World Trade Center Abu Dhabi Gives Away Luxurious 5-Star Holiday Packages

Emirates Cricket Board.
February 18th, 2019 - 08:22 GMT

Emirates Cricket Board Has Confirmed the Team That Will Represent the UAE at the International Cricket Council’s Women’s World T20 Qualifier Asia 2019

During the event
February 18th, 2019 - 08:07 GMT

Falcon for Solar Sun Signs Dh2.5-Million Agreement With Dubco Construction

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