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Business from Friday, March 20th, 2026
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US allows 30-day sale of Iran oil at sea in bid to tame prices
The Trump administration has waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday in its latest attempt to ease oil prices that have been driven up by the US-Israeli war on Iran.
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Musk found liable to Twitter shareholders in fraud lawsuit
A federal jury found Elon Musk liable on claims he defrauded Twitter shareholders by trying to drive down the social media company's stock price so he could renegotiate or back out of a $44 billion takeover in 2022, Bloomberg News reported on Friday.
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Amazon plans smartphone comeback more than a decade after Fire Phone flop
In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone - overseen directly by founder Jeff Bezos - was scrapped in barely over a year, one of Amazon’s highest-profile flops.
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BUSINESS BREAKFAST LATEST
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the USAUAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
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New iPhone Launch - Too Soon For Apple?Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
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Working From Home or Hardly Working?Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
On Dubai Eye
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Is There Sufficient House Supply In UAEDubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
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Noon's First Female Delivery DriverGlory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
