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BUSINESS

BUSINESS latest

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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Talal Abu-Ghazaleh
July 12th, 2017 - 11:23 GMT

Economic Indicators Committee of Talal Abu-Ghazaleh Knowledge Forum Discusses Jordan’s Economic Situation

HSBC earned the most investment banking fees in the Middle East during the first six months of 2017, a total of $29.2 million. (AFP/ File)
July 12th, 2017 - 11:04 GMT

Middle East's Investment Banking Fees Down 15 Percent in 2017: Thomson Reuters

ABB will upgrade the control and protection system for the Konti-Skan high-voltage direct current (HVDC) transmission link with its latest ABB Ability MACH technology. The order was booked in the second quarter of 2017.
July 12th, 2017 - 11:03 GMT

ABB Wins $30 Million Order to Upgrade Nordic HVDC Link

Abdul Basset Al Janahi, CEO of Dubai SME and Ronaldo Mouchawar, CEO and Co-Founder of Souq.com.
July 12th, 2017 - 11:01 GMT

Dubai SME and Souq.com Launch E-Commerce Initiative to Boost SME Sector Competitiveness

The launch of phase II of the Sutra Project in Cairo. (SG)
July 12th, 2017 - 10:56 GMT

Alwaleed Philanthropies Misr El Kheir Foundation Launch Phase II of Sutra

With this expansion, Aramex is now present in 23 African countries. (AN)
July 12th, 2017 - 10:47 GMT

Aramex Expands Presence in Ethiopia

Farina Amir, a student at M.E.S. Indian School
July 12th, 2017 - 10:44 GMT

NU-Q Hosts Summer Program for Regional High School Students

The company has been accused of being too closely connected to Russian intelligence agencies responsible for cyber attacks on the US. (Kirill Kudryavtsev / AFP)
July 12th, 2017 - 10:36 GMT

US Government Bans Kaspersky Products Over Cyberspying Accusations

The workshop held at the Al Twar branch of Dubai Public Library was attended by a high number of participants.
July 12th, 2017 - 10:27 GMT

The Dubai Festival for Youth Theatre Concludes the First Workshop on Drama Script Writing

Dubai Economy and the American Society for Quality have extended their partnerships to include the ASQ Team Innovation Award launched in 2017 in the UAE
July 12th, 2017 - 10:09 GMT

Dubai Economy and American Society for Quality Expand Partnership to Recognise Innovation Teams

The company provides a host of innovative, exciting and affordable data products and services.
July 12th, 2017 - 10:05 GMT

Ooredoo Extends Superfast Fibre Coverage to Several New Areas in Muscat

Qatar's support for Gaza and groups like the Hamas is at the centre of the diplomatic crisis. (AFP/ File)
July 12th, 2017 - 10:05 GMT

Qatar to Build New Housing Units in Gaza, Despite Gulf Crisis

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