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Main headlines

Main headlines latest

oil prices
April 8th, 2026 - 05:49 GMT
Sally Shakkour

Sally Shakkour

Oil prices drop after US-Iran ceasefire deal

ALBAWABA - Global oil prices have fallen sharply, while stock markets have increased after the announcement of a two-week ceasefire deal between the United States and Iran. Washington and Tehran agreed to a conditional two-week ceasefire deal that includes the reopening of the Strait of Hormuz, which has been closed since the start of the war in February 2026. The BBC reported that the price of benchmark Brent crude dropped ...
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Christmas 2012 has gone all digital
December 25th, 2012 - 06:00 GMT

Digital Christmas: Santa gets kids iPods and iPads

New taxes in Egypt were not at the behest of the IMF, the finance minister claims
December 25th, 2012 - 04:00 GMT

New Egyptian tax policies not at IMF behest, finance minister claims

Ratings agency Standard and Poors’ has downgraded Egypt’s long-term credit rating.
December 24th, 2012 - 12:27 GMT

Egypt: Credit rating downgraded as political turmoil hits economy

The European Union is to help pay for public sector wages in Palestine after Israel withheld tax recipts
December 24th, 2012 - 11:58 GMT

Palestine: EU to help pay November salaries

Iran claims it has managed to bypass Western sanctions on its oil industry
December 24th, 2012 - 11:27 GMT

Iran claims to have bypassed sanctions

After a series of strikes across Lebanon, the Cabinet is set to reconsider a proposed salary scheme
December 24th, 2012 - 11:06 GMT

Lebanon: Cabinet to discuss public sector pay rises

Egypt is to increase the cost of fuel, the Minister of Petroleum and Mineral resources has announced.
December 24th, 2012 - 10:43 GMT

Egypt to raise fuel prices

The Yemeni government has approved a budget of over YR 2 trillion
December 24th, 2012 - 10:03 GMT

Yemen approves 2013 budget

Egypt's budget deficit is on the rise
December 24th, 2012 - 08:40 GMT

Egypt's budget deficit on the rise

Hotel occupancy in Lebanon's hotel has more than halved in the first ten months of 2012
December 24th, 2012 - 08:11 GMT

No festive cheer for Lebanon's hotels

Iran is playing a "smart economic" warn, Iranian President Mahmoud Ahmadinejad has claimed
December 24th, 2012 - 07:51 GMT

Ahmadinejad: Iran playing "smart economic war"

Bahrain is gearing up to hold a GCC summit which discuss closer economic ties and the Syrian conflict
December 24th, 2012 - 07:43 GMT

Bahrain set to hold GCC summit

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