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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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Snapchat, which was first launched in 2011 as Picaboo, currently has over 150 million daily active users worldwide, who create over 2.5 million ‘snaps’ per day. (Shutterstock/Ink Drop)
February 7th, 2017 - 02:13 GMT

Snap Inc. opens first Middle East office in Dubai Internet City

Foreign investments would exceed 75 percent in some of the airports. (File photo)
February 7th, 2017 - 10:12 GMT

Saudi Arabia to privatize 27 airports by mid-2018

AVFM projects an internal rate of return (IRR) in excess of 18 – 21 percent. (Shutterstock)
February 7th, 2017 - 09:49 GMT

Qatar Holding invests $250M in India fund for affordable housing

Ministry of Finance
February 7th, 2017 - 09:38 GMT

MoF organises a series of sessions and meetings on the sidelines of the World Government Summit 2017

DED & ILEA team
February 7th, 2017 - 09:32 GMT

DED allies with International Live Events Association to strengthen business community engagement

Some users have experienced a sudden shutdown when the battery drops to between 50 and 60 per cent and, sometimes, battery drains after attending each call. (Apple)
February 7th, 2017 - 09:11 GMT

Apple recalls 88,770 defective iPhone 6S batteries in the UAE

During the bazaar, the school will run various fun activities for children
February 7th, 2017 - 09:09 GMT

Burgan Bank sponsors Kuwait English School's annual entertaining "Green Unit Bazaar"

Jim McIlvenny
February 7th, 2017 - 09:02 GMT

Jim McIlvenny named as new Dow IMEAT President

Panasonic Avionics facility in DAFZA
February 7th, 2017 - 08:38 GMT

Panasonic Avionics unveiled new hub for customers across the Middle East, Central and Southern Asia and Africa

During the workshop
February 7th, 2017 - 08:31 GMT

Gulf Bank holds exclusive “Innovation and Strategy” workshop for senior management

Many companies aren’t fully aware of the essential training their employees need and would like to have. (Shutterstock)
February 7th, 2017 - 08:31 GMT

Putting your people first: Why you should invest in employee training and development

UAE 5G Innovation Gate
February 7th, 2017 - 08:17 GMT

du and University of Sharjah sign MoU to collaborate on 5G and IoT development as part of U5GIG

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