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Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns
June 20th, 2026 - 01:56 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns

ALBAWABA- Global oil prices recorded their sharpest weekly decline in months, with Brent Crude falling about 8% over the week, as a renewed ceasefire between Israel and Hezbollah and progress on the US-Iran agreement eased concerns over potential disruptions to global energy supplies. Although prices edged higher on Friday, markets remained under pressure as geopolitical risk premiums continued to fade amid signs of improving stability in the Middle East. Brent ...
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Meat prices fell 1.4 per cent, pulled down by cheaper beef, mutton and lamb that outweighed stable poultry prices and higher pork prices.
March 6th, 2015 - 09:10 GMT

Some positive news: food prices lowest in four-and-a-half years

Turning to the judicial sector, the department revealed that the percentage of female judges jumped from 6.2 in 2009 to 16 per cent in 2013.
March 5th, 2015 - 06:43 GMT

The great discrepancy: 90% of Jordanian women educated, only 16% employed

The tough days that Egypt’s tourism industry has faced seem to be finally over after four years.
March 5th, 2015 - 06:08 GMT

Four years later: Egyptian tourism’s dark days seem to be ending

Al Bawaba
March 5th, 2015 - 05:56 GMT

Rebuilding labor demographics: Palestinian employment in Israeli construction doubles

The Big Spenders Index tracks the 10 locations most likely to see strong growth in big-ticket spending by ultra-wealthy residents or visitors.
March 5th, 2015 - 09:13 GMT

Could've done better: GCC dominates global luxury spending index

Al Bawaba
March 5th, 2015 - 08:42 GMT

Fueling reluctancy? Egypt to pay $3.1 billion debt to foreign oil and gas companies later

Al Bawaba
March 5th, 2015 - 08:22 GMT

Just started: Qatar eying more stakes in international airlines

The volume of Iran’s annual farmed caviar output stands at 3 tons, which is planned to reach 100 tons by 2025
March 5th, 2015 - 08:08 GMT

No sanctions here: caviar exports can equal 12.5% of Iran's oil income

Al Bawaba
March 5th, 2015 - 05:55 GMT

Egypt to promote $10 billion worth of petroleum projects at March conference

Al Bawaba
March 5th, 2015 - 04:55 GMT

A 'philosophical' shift or a rescue attempt? BlackBerry to offer 4 new phones

The project will be built with Egyptian-Arabtec cooperation at a cost of $40bn.
March 4th, 2015 - 07:47 GMT

Second-guessing a $40 billion project? Arabtec plans in Egypt under negotiations

Bank of Khartoum has applied for a branch licence and is hoping to finalise the process of obtaining it within weeks, he said.
March 4th, 2015 - 07:24 GMT

Sudan bank to open first Gulf branch in Bahrain

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