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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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Jamal Lootah Group CEO of Imdaad & Dr Hamad Al Shaibani DG of IACA
June 28th, 2017 - 10:46 GMT

Imdaad Secures AED 30 Million per Annum Contract With the Department of Islamic Affairs and Charitable Activities

Emirati traders follow the stock market activity at the Dubai Financial Market. (Karim Sahib/ AFP)
June 28th, 2017 - 10:41 GMT

Arabtec Share Price Falls 9 Percent After Recapitalization

Mohammad Ali Rashed Lootah, CEO, CCCP
June 28th, 2017 - 10:30 GMT

Dubai Economy and Souq.com Sign MoU on ‘Digital Protection’ to Promote Consumer Confidence in E-Commerce

The limited-edition SandRacer 500GT. (Courtesy of Zarooq Motors)
June 28th, 2017 - 10:10 GMT

UAE Automaker Launches $450,000 Limited Edition Sports Car

A woman uses a golden ATM on the 50th anniversary of the world's first cash machine. (Daniel Leal-Olivas/ AFP)
June 28th, 2017 - 09:53 GMT

First ATM in the World Turns Gold on 50th Anniversary

Qatar Airways. (File photo)
June 28th, 2017 - 09:37 GMT

Qatar Airways Seeks 10 Percent Stake in American Airlines

Kim Tran - Head of Trade Sales and Advisory Europe and Americas, FAB
June 28th, 2017 - 09:36 GMT

FAB Named Best Trade Finance Bank in MENA

The panel discussions were focused on a variety of areas and topics.
June 28th, 2017 - 09:27 GMT

Empower Presents Best Practices and Innovations at International District Energy Association’s (IDEA) Annual Conference & Tradeshow in United States

Facebook CEO Mark Zuckerberg speaks at the F8 summit in San Francisco, California, on March 25, 2015. (Josh Edelson/ AFP)
June 28th, 2017 - 09:17 GMT

Facebook Hits 2 Billion User Mark

The QLED TV has an even slimmer nearly-there bezel, slim premium metal body, and clean back.
June 28th, 2017 - 09:16 GMT

The Samsung QLED TV Takes Center Stage When It Comes to Design

LG Electronics aims to innovate in a way where each individual can creatively express himself or herself.
June 28th, 2017 - 09:11 GMT

LG Technology Allows Modern-Day Self Expression With Creativity and Innovation Combined

The Municipality’s delegation also shared Iftar with long-term care patients at the hospital.
June 28th, 2017 - 08:55 GMT

ADM Shares Ramadan Iftar With Patients at Sheikh Khalifa Medical City

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