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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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St Regis Sontaya Restaurant
June 29th, 2017 - 08:10 GMT

The St. Regis Saadiyat Island Resort, Abu Dhabi Offers Sizzling Summer Deals This July

As part of Manchester City’s global community work, more than 50 young leaders from around the world, including two from Abu Dhabi, travelled to City Football Academy, Manchester
June 29th, 2017 - 05:32 GMT

Manchester City and Etihad Airways Team up to Empower Young Community Football Leaders in Week-Long Summit

GIB’s Chairman, His Excellency Mr. Jammaz bin Abdullah Al-Suhaimi.
June 29th, 2017 - 05:22 GMT

GIB Granted Retail Banking Licence in Bahrain

The new cyber attack is very similar to the ransomware that infected more than 300,000 computers last month. (File photo)
June 28th, 2017 - 12:54 GMT

New Ransomware Attack Hits Companies, Economic Institutions Across the World

Skype has been blocked (again) by both internet service providers in the UAE. (File photo)
June 28th, 2017 - 12:38 GMT

UAE Blocks Skype Voice and Video Calls, Again

The new update allows the release of the geographical location of the Snapchat users and exposes it to all the app users worldwide, not just to their friends. (File photo)
June 28th, 2017 - 12:24 GMT

UAE Warns Users Against Latest 'Snap Map' Update

Hamad International Airport may lose about 27,000 passengers on a daily basis in July if the Gulf rift persists, according to analysts. (Karim Jaafar/ AFP)
June 28th, 2017 - 11:55 GMT

Qatar Hotel Occupancy Falls 57 Percent on First Day of Eid Al-Fitr

Al Bawaba
June 28th, 2017 - 11:52 GMT

UAE Ministry of Health & Prevention Shuts Down Erring Medical and Pharmaceutical Facilities

Iran's Foreign Minister Mohammad Javad Zarif (R) and his German counterpart, Frank-Walter Steinmeier, during a meeting on February 2, 2016, in Tehran. (Atta Kenare/ AFP)
June 28th, 2017 - 11:27 GMT

Germany Wants Better Banking Cooperation With Iran: Minister

The Boeing 737 MAX 9. (Courtesy of Boeing)
June 28th, 2017 - 11:11 GMT

Boeing Inks Deals Worth $74.8 Billion at Paris Air Show 2017

Mr. Atsushi Karasawa, Sales Director, Eco Solutions Division - PMMAF
June 28th, 2017 - 11:01 GMT

Panasonic HIT Solar Module Achieves World's Highest Output Temperature Coefficient

Qatar reduces the price of petrol and diesel in July. (File photo)
June 28th, 2017 - 10:56 GMT

Qatar Cuts Petrol Prices, Despite Crisis

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