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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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Vice President Sundar Pichai says Google, the leading Internet search engine and mobile software provider, is working with unnamed network operators on developing a cellular plan.
March 3rd, 2015 - 05:18 GMT

Reclaiming the 'G': Google to offer own cellular network plan

Al Bawaba
March 3rd, 2015 - 05:15 GMT

Dollar hits 11-dollar high after China cut

Al Bawaba
March 3rd, 2015 - 04:41 GMT

Exactly what the economy needs: Egypt to build 200 meter-high pyramid skyscraper

Al Bawaba
March 3rd, 2015 - 02:38 GMT

Slashed proftis, fired CEO, now insider trading is suspected at Mobily

Al Bawaba
March 3rd, 2015 - 10:45 GMT

New honeymoon destination? Emirates to launch flights to Bali

Al Bawaba
March 3rd, 2015 - 08:23 GMT

A GDP on the 'side': Egypt has received $23 billion worth of aid from Gulf states in past 18 months

Al Bawaba
March 3rd, 2015 - 08:10 GMT

'Lacking clear direction': Egypt stocks rebound, Saudi stocks flat

Inflation should range between 3% and 5%, the report noted while the average economic growth expected is 7%.
March 2nd, 2015 - 09:38 GMT

Is he going to be around for that long? Sisi to present Egypt's 2030 vision at economic summit

Al Bawaba
March 2nd, 2015 - 09:32 GMT

Bahrain central bank chief worried about economic slowdown, bank profitability

He said Oman’s banking sector expected to see profits expand 10 per cent in 2015, in line with growth last year; loan growth might be 10-12 per cent, compared to 11 per cent in 2014.
March 2nd, 2015 - 09:26 GMT

One way of addressing the oil price plunge? Oman to issue first sovereign sukkuk by mid-2015

Al Bawaba
March 2nd, 2015 - 08:54 GMT

'Heralding a new era': Qatar takes full control of prime Milan business area

That’s the vision, but then the mobile industry has a history of over-promising what it actually delivers with each G.
March 2nd, 2015 - 08:23 GMT

Nothing to add? Smartphone industry 'tiptoes' around 5G network

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