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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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The new tax came into force on Saturday. (AFP/ File)
July 3rd, 2017 - 10:43 GMT

Saudi Arabia's Residents Feel the Pinch of New Expat Tax

2017 Ford Expedition
July 3rd, 2017 - 10:33 GMT

Ford Becomes No. 2 Non-Premium Brand in J.D. Power's 2017 Initial Quality Study; Ford's Best Ranking in Report's 31-Year History

Four Seasons Hotel Cairo at Nile Plaza
July 3rd, 2017 - 10:29 GMT

A Summer Amongst the Stars in the City That Never Sleeps at Four Seasons Hotel Cairo at Nile Plaza

THUMS model for FIA World Endurance Championship in TS050
July 3rd, 2017 - 10:23 GMT

Toyota and Global Institute for Motor Sport Safety Launch 4-Year Joint Research Project Using THUMS Virtual Human Model

Crystal Lagoons currently boasts over 600 projects in different development and negotiation stages in 60 countries worldwide. (Trade Arabia)
July 3rd, 2017 - 10:22 GMT

Crystal Lagoons Opens New Regional Office in Egypt

n May 2017 passenger numbers at DXB rose 1.9 per cent to 6,850,052 compared to 6,721,995 recorded in May 2016. (Pixabay)
July 3rd, 2017 - 10:11 GMT

Passenger Traffic at Dubai International Airport Reaches 6.8 Million in May

Emirates Gas
July 3rd, 2017 - 09:59 GMT

EMGAS Announces New LPG Hologram Cylinder Seal in the UAE

A photo taken on September 19, 2016 shows a Samsung Galaxy Note 7 smartphone at a mobile shop in Seoul. (Jung Yeon-Je/ AFP)
July 3rd, 2017 - 09:50 GMT

Samsung Announces Reworked, Cheaper Version of Galaxy Note 7

The growth of Ooredoo’s store network is part of its expansion strategy of championing customer service through its state-of-the-art and high-value products and services.
July 3rd, 2017 - 09:48 GMT

Ooredoo Now in Al Mouj Muscat

Dubai Investments
July 3rd, 2017 - 09:43 GMT

Funds and Equities Markets in Region Positive With Strong Growth Opportunities, Says Al Mal Capital

King Khalid airport terminal 5. (GB)
July 3rd, 2017 - 09:41 GMT

Saudi Arabia Mulls Sale of Minority Stake in King Khalid Airport

Najib Abdulaziz Al-Naim, SCHNEIDER Electric Country President for its operations in Saudi Arabia and Yemen. (SG)
July 3rd, 2017 - 09:31 GMT

Schneider Electric Appoints New Country President for Saudi Arabia and Yemen

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