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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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Bitcoin surged to a record $19,511 in December 2017; now it’s nosedived around 82%. (Shutterstock)
December 5th, 2018 - 10:05 GMT

Is Bitcoin Facing a Boom-And-Bust Phenomenon?

The World Cup deals between Britain and Qatar are part of a rise in trade between the two countries which totalled £3.39bn in 2017, an increase of 70% over the last five years. (Shutterstock)
December 5th, 2018 - 09:54 GMT

UK Firms Bag £1.5 Billion Deals From Qatar for World Cup 2022

Iran's reliance on oil revenues in the next Iranian year's budget is no more than 25%. (Shutterstock)
December 5th, 2018 - 09:47 GMT

Can Iran Really Afford to Manage Country's Economy Without Reliance on Oil Exports?

H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah. (Pinterest)
December 5th, 2018 - 09:21 GMT

272 Commercial Establishment in RAK Exempted From 50 Percent Renewal Fees, Fines

The pavilion is themed as ‘The Crosspoint for the Future’. (MEConstruction)
December 5th, 2018 - 09:11 GMT

Japan Unveils Its Pavilion Design for Expo 2020 Dubai

11th Marine Conference by ENOC Group
December 5th, 2018 - 09:03 GMT

ENOC Group Hosts 11th Marine Conference 2018

Picture of Vince Cook alongside the latest batch of the Management Training Programme participants
December 5th, 2018 - 08:55 GMT

National Bank of Fujairah Welcomes the Latest Batch of Management Training Programme Participants

Participants from Europe, the Middle East, Asia, and North America convened at a WCM-Q conference to examine the role of the medical humanities in medical education in the Gulf region.
December 5th, 2018 - 08:21 GMT

WCM-Q Conference Explores Medical Humanities in the MENA Region

Orchid’s festive banquet features well-loved holiday dishes from roast turkey to yule log cakes, plus a delightful variety of salads, main courses, and desserts.
December 5th, 2018 - 08:17 GMT

Indulge in Festive Flavours at Ramada Hotels in Ajman

On day two of the event, visitors can witness two bike parades which is expected to see over 800 bikes participate.
December 5th, 2018 - 08:05 GMT

Dubai Festival City to Host Emirates Cars & Bikes Festival

During the award ceremony
December 5th, 2018 - 07:56 GMT

Azizi Developments Wins ‘Developer of the Year’ at 2018 Enterprise Agility Awards – Entrepreneur of the Year

Crude oil is not among the list of products facing import duties, but traders said the positive sentiment of the truce also moved crude markets. (Shutterstock)
December 5th, 2018 - 07:44 GMT

Saudi-Russian Agreement Lifts Oil Prices by 5 Percent

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