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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 ministry stated that it is concerned with saving energy used by the industrial sector and making it more environmentally friendly to reduce CO2 emissions, adding that Egypt is ranked 11th worldwide in terms of rapidly increasing emission rates. (File photo)
February 5th, 2017 - 12:00 GMT

Egypt to invest $6.5 million to solar energy projects

Dubai Properties’ iconic tower development 1/JBR on track for Q4 2019 completion
February 5th, 2017 - 11:54 GMT

Dubai Properties’ iconic tower development 1/JBR on track for Q4 2019 completion

H.E. Rashed Al Blooshi - ADX CEO
February 5th, 2017 - 11:40 GMT

15.2 Billion Dirhams of margin trading finance in ADX in 2016

Wolfgang Wemhoff CTO_Ooredoo
February 5th, 2017 - 11:30 GMT

Ooredoo highlights Information Security Awareness in training session for all staff

During the event
February 5th, 2017 - 11:22 GMT

Thomson Reuters & DFSA inaugurates 2017 MENA Regulatory Summit

Ali Jaber
February 5th, 2017 - 11:15 GMT

AUD launches Journalism Competition for high school students

Velodyne self driving car sensor at the North American International Auto Show media preview January 9, 2017 in Detroit, Michigan. (Shutterstock)
February 5th, 2017 - 11:00 GMT

Israel looking to break into auto industry with intelligent cars

Mercedes-Benz a–class 250 now even more appealing from just OMR 12,995
February 5th, 2017 - 10:21 GMT

Mercedes-Benz a–class 250 now even more appealing from just OMR 12,995

During the event
February 5th, 2017 - 10:09 GMT

du increases the security of its payment gateway with PCI-DSS Compliance

Tens of thousands opted to take public transport rather than driving their cars on Car Free Day. (Shutterstock)
February 5th, 2017 - 10:00 GMT

Thousands in Dubai ditch their cars for annual Car Free Day

Gulf Bank launches its “Spend More & Win More” with Gulf Rewards campaign
February 5th, 2017 - 09:53 GMT

Gulf Bank launches its “Spend More & Win More” with Gulf Rewards campaign

Saudi Arabia plans to award contracts for two new solar and wind power plants. (File photo)
February 5th, 2017 - 09:33 GMT

Saudi to invite bids for renewable energy projects in April

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