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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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Mr. Khalid Rafea, Executive Manager and Head of Retail Banking Group at KFH-Bahrain.
July 11th, 2017 - 05:22 GMT

9 Luxury Apartments in Marassi Al Bahrain and Monthly Cash Prizes Awaiting “Libshara” Clients in Its Latest ‘Libshara’ Savings Campaign

Royal Jordanian has long been known for its high-quality food and beverage offerings to its guests.
July 11th, 2017 - 05:17 GMT

Pichler Says RJ Takes Guests’ Remarks Seriously; Quality and Presentation of Cold Meals Are Being Reviewed

Turkish President Recep Tayyip Erdogan (R) shakes hands with his Iranian counterpart Hassan Rouhani during an official welcoming ceremony at the presidential complex in Ankara on April 16, 2016. (Adem Altan/ AFP)
July 10th, 2017 - 02:21 GMT

Iran, Turkey Mull Free Trade Agreement to Boost Cooperation

Egypt's sunny skies and superior seed help it grow a cotton known for unusually long fibres that produce a light, durable fabric. (File photo)
July 10th, 2017 - 01:37 GMT

Egypt to Double Its Cotton Production and Export

US President Donald Trump attends a working session during the G20 summit in Hamburg on July 8, 2017. (Markus Schreiber/ AFP)
July 10th, 2017 - 01:30 GMT

Yemen to Get $191 Million of Food, Humanitarian Aid From Donald Trump

An Iranian flag flutters outside an annual oil and gas conference in Tehran. (Reuters)
July 10th, 2017 - 01:12 GMT

Iran’s Oil Exports Increase by 77 Percent in 2016: OPEC

Kuwait Airways plane. (File photo)
July 10th, 2017 - 12:57 GMT

US Lifts Laptop Ban From Kuwait Airways Flights

Wataniya Airways will resume flights on Tuesday this week. (File photo)
July 10th, 2017 - 12:41 GMT

Kuwait's Wataniya Resumes Flights With Help From Al Tuwaijri Group

Qataris write on a wall bearing a portrait of Sheikh Tamim bin Hamad Al-Thani that has become a symbol of resistance during the Gulf diplomatic crisis. (Karim Jaafar/ AFP)
July 10th, 2017 - 12:17 GMT

Qatar's $340 Billion in Reserves Enough to Face Gulf Crisis: Central Bank

SABIC
July 10th, 2017 - 12:05 GMT

SABIC Unveils New Portfolio of Low-Sagging Pipe Grades

Royal Jordanian plane. (File photo)
July 10th, 2017 - 12:02 GMT

Royal Jordanian Removes Laptop Ban on US Flights

Van Den Berg Volkswagen Middle East After Sales Director. (Trade Arabia)
July 10th, 2017 - 11:55 GMT

Volkswagen ME Appoints New After Sales Director

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