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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 partnership will see the two setup the Professional Council for Tourism and National Heritage focused on boosting Saudization. (File photo)
February 8th, 2017 - 12:00 GMT

Saudization drive targets tourism sector

Oman Oil Marketing Company announces ahlain Rewards Campaign
February 8th, 2017 - 11:25 GMT

Oman Oil Marketing Company announces ahlain Rewards Campaign

Dubai Islamic Bank
February 8th, 2017 - 11:10 GMT

Dubai Islamic Bank issues us$ 1 Billion senior

OPEC countries agreed with exterior independent producers, including Russia, to reduce their product around 1.8 million barrels per day for six months starting from January.  (File photo)
February 8th, 2017 - 11:00 GMT

Oil production cut compliance rate hits highest level in history of OPEC

During the event
February 8th, 2017 - 10:22 GMT

DED confiscates 67.7 million pieces of counterfeit products in 2016 as move to protect trademarks gathers steam

‘DAMAC Hills’
February 8th, 2017 - 10:14 GMT

DAMAC Properties reaffirms position as luxury master developer with premier golf community ‘DAMAC Hills’

Etihad Airways
February 8th, 2017 - 10:03 GMT

A year of sustained growth for Etihad Airways in 2016 as it evolves into Etihad Aviation Group

The Lilyvale Solar Farm in Queensland is expected to begin operations towards the end of 2018. (Abdul Lateef Jameel Energy)
February 8th, 2017 - 10:00 GMT

Abdul Latif Jameel Energy's FRV seals deal for solar energy farm in Australia

During the event
February 8th, 2017 - 09:41 GMT

Ooredoo wins two Investor Relations Excellence Awards

During the event
February 8th, 2017 - 09:32 GMT

Al Fahim Group’s Emirates Motor Company receives General Distributor of the Year Award from Daimler

A part of the gas will be consumed in Oman and the rest of it turned to liquefied natural gas (LNG) for export to target markets.  (Chess Subsea Engineering)
February 8th, 2017 - 09:00 GMT

Oman renews undersea gas pipeline agreement with Iran

Murugesan Vaithilingam, Services Director at Alpha
February 8th, 2017 - 08:45 GMT

Alpha Data brings Global Village ticketing to the Cloud

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