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BUSINESS

BUSINESS latest

fuel oil
May 14th, 2026 - 11:29 GMT
Sally Shakkour

Sally Shakkour

Cuba has 'ZERO' diesel and fuel oil over Strait of Hormuz blockade

ALBAWABA - Cuba has run out of diesel and fuel oil as gas stations are totally empty due to the blockade imposed by the United States of the Strait of Hormuz amid tension with Iran, Reuters reported Thursday. U.S. President Donald Trump imposed a blockade on Iranian ports in response to the Iranian Navy's closure of the Strait of Hormuz following the military attacks on Tehran by Washington and Tel ...
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The Nokia 8.1 will be available in the UAE from December 15 for Dh1,499. (KhT)
December 6th, 2018 - 11:20 GMT

Nokia Reveals New 'Value Flagship' 8.1

The UAE, which is ranked 19th at the global level, also retains its second place globally on the economy index. (TA)
December 6th, 2018 - 11:13 GMT

UAE Leads Arab Nations in Global Knowledge Index

There are fears that VAT will have negative implications for businesses and individuals in Bahrain. (Shutterstock)
December 6th, 2018 - 11:02 GMT

Grasping the Essentials From VAT Implementation in Bahrain

Khashoggi, a Saudi journalist and columnist for The Washington Post, went missing after entering the consulate. (AFP)
December 6th, 2018 - 10:48 GMT

Sean Penn Begins Work on Khashoggi Murder Documentary

It is designed to form the cornerstone of the Duqm Special Economic Zone, Oman's next industrial center. (Shutterstock)
December 6th, 2018 - 10:41 GMT

Oman’s Duqm Refinery to Receive $ 4.6 Billion in Loan Agreements

Qatar has emerged as the best performing stock market this year with a rise of more than 24 percent till date. (AFP)
December 6th, 2018 - 10:33 GMT

Despite Blockade, Qatari Stocks to Attract $5 Billion in Foreign Funds

The two neighboring states hold longstanding economic ties, through joint industrial projects, and trades of goods. (Shutterstock)
December 6th, 2018 - 10:25 GMT

Iraq Eager to Strengthen Ties With Iran

Royal Air Maroc is expected to be implemented into oneworld in mid-2020.
December 6th, 2018 - 09:45 GMT

Royal Air Maroc to Join Oneworld Besides Royal Jordanian and 12 Global Carriers

Huawei
December 6th, 2018 - 09:39 GMT

Huawei to Launch Its First Main Saudi Flagship Showroom in January 2019

The projects aim to improve local government services and the quality of life of local residents. (Shutterstock)
December 6th, 2018 - 09:33 GMT

Abu Dhabi to Revitalise Al Dhafra Region With $1.1 Billion Infrastructure Development Projects

This fund will last for three years and benefit around 20,000 students. (Shutterstock)
December 6th, 2018 - 08:59 GMT

Al Ghurair Launches $27 Million Education Fund for Refugees

Saudi Arabia’s major cities and business hubs continue to suffer from a lack of the high-quality grade A stock most sought-after by private and public companies. (Shutterstock)
December 6th, 2018 - 07:25 GMT

Saudi Arabia’s Office Rents Still Dragging Behind

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