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BUSINESS

BUSINESS latest

Tanker in Strait of Hormuz
July 8th, 2026 - 08:10 GMT
P. Choiaqo

P. Choiaqo

Oil prices jump as Iran and US renew strikes on each other

ALBAWABA - Oil prices surged on Wednesday and continue to trend upward as the U.S. and Iran renew strikes on each other. It seems that the war will not be over quickly, as major breaches of the MoU took place on Wednesday, it started when Iran hit three vessels in the Strait of Hormuz, a Qatari LNG tanker named ‘Al Rekayyat’, along with a Saudi Supertanker ‘Wedyan’, and another unidentified ...
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During the event
November 6th, 2016 - 05:30 GMT

Her Excellency Sheikha Hind attends launch of QF’s animated children’s television series ‘Siraj’

The app allows the reporting of six labor violations, and that more will be added in the coming months. (Shutterstock)
November 6th, 2016 - 05:19 GMT

Saudi Arabia launches whistleblower app for labor violations

The government announced in 2014 adopting a strategy to cut fuel subsidies that already eats up 20 percent of the state budget. (File photo)
November 6th, 2016 - 05:11 GMT

Egypt hikes fuel prices up to 47 percent

The central bank said the move aims to regain foreign currency exchange within the banking sector and ending the disturbance in the currency market. (File photo)
November 3rd, 2016 - 02:03 GMT

Egypt floats the pound, hikes interest rates to kickstart the economy

Standard Chartered Saadiq’s current core markets are Malaysia, UAE, Pakistan, Indonesia and Bangladesh. (Wikimedia Commons)
November 3rd, 2016 - 12:00 GMT

Standard Chartered Saadiq eyes Islamic finance market growth in Asia, Africa

PlayDate has a built-in camera and a microphone to speak commands to your dog and you can even make this high-tech ball squeak, all from the comfort of your smartphone. (Shutterstock)
November 3rd, 2016 - 11:49 GMT

Go digital with your dog: PlayDate allows you to play with your pet from a remote location

The system was introduced after the employee absence rate reached 72 per cent, resulting in 114,000 delayed and unaccomplished tasks. (File photo)
November 3rd, 2016 - 11:00 GMT

Despite chaotic start, Saudi biometric monitoring system improves attendance by 55 percent

During UAE Flag Day
November 3rd, 2016 - 10:49 GMT

Hamdan Bin Mohammed Smart University reaffirms loyalty to leadership and celebrates national unity during ‘Flag Day’

During the event
November 3rd, 2016 - 10:41 GMT

RAKBANK celebrates UAE Flag Day

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
November 3rd, 2016 - 10:32 GMT

Burgan Bank Group announces 9 months 2016 results

During the event
November 3rd, 2016 - 10:13 GMT

Emaar Properties marks UAE Flag Day at Dubai Opera, Downtown Dubai

Egypt's black market is now seeing uncertainty, forcing traders to temporarily abstain from selling or buying dollars. (Shutterstock)
November 3rd, 2016 - 10:00 GMT

Egyptian pound strengthens against the dollar on black market amid market confusion

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