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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 influencers’ videos were broadcasted on a Samsung microsite hosted on MBC.net.
June 27th, 2017 - 06:42 GMT

Capture the Brightness in Ramadan

Bader El Houssami Nissan Chief Operating Officer for Saudi Arabia. (Trade Arabia)
June 26th, 2017 - 05:35 GMT

Nissan Names New COO for Saudi Arabia

TNT Team Members distribute food packs to Seafarers in Sharjah.
June 26th, 2017 - 05:32 GMT

FedEx Express and TNT Deliver Iftar Packs to Those in Need During Ramadan

Raees Ahmed, Director of Orange Fairs and Events, organizers of the Halal Expo Dubai. (SG)
June 26th, 2017 - 05:13 GMT

Halal Expo Dubai to Focus on the $2.3 Trillion Global Halal Industry

Mall of the Emirates, City Centre Deira and City Centre Mirdif have a jam-packed Eid week planned for visitors.
June 26th, 2017 - 04:51 GMT

Majid Al Futtaim Malls in the UAE Invite Shoppers to Celebrate Eid Al Fitr With Big Offers, Cash Prizes and Live Entertainment

IoT already connects more than 10 billion devices worldwide. (File photo)
June 25th, 2017 - 06:09 GMT

IoT Will Generate $4 to $11 Trillion By 2025: Report

Saudi men chat outside the Saudi Stock Exchange in Riyadh. (AFP/ File)
June 25th, 2017 - 05:25 GMT

What Is MSCI Emerging Market Index, and Why Is It Good for Saudi Arabia?

Egyptian president Abdel Fattah el-Sisi. (AFP/ File)
June 22nd, 2017 - 11:00 GMT

Opinion: Is Sisi Pushing Egypt off a Cliff?

Uber's CEO Travis Kalanick stepped down from his position on June 20, 2017. (Tobias Hase/ AFP)
June 22nd, 2017 - 10:59 GMT

Uber's CEO Quits: Is an IPO Now Possible?

The codeshare partnership with China Southern Airlines is a significant milestone in the airlines’ network development strategy.
June 22nd, 2017 - 10:46 GMT

Etihad Airways and China Southern Airlines Announce Codeshare Partnership

All allowances, bonuses and financial benefits will be restored with retrospective effect. (File photo)
June 22nd, 2017 - 10:42 GMT

Saudi Arabia Restores Perks of State Employees

WhatsApp introduced the video and audio calling feature in April last year. (File photo)
June 22nd, 2017 - 10:33 GMT

WhatsApp Video, Audio Calls Now Available in UAE

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