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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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Brand-new, hybrid Toyota Prius vehicle
February 2nd, 2017 - 06:53 GMT

Hybrid Toyota Prius Car won at 10th World Future Energy Summit

During the event
February 2nd, 2017 - 06:51 GMT

Ministry of Health and Prevention to showcase interactive health services using artificial intelligence

Telecom operators are all affiliated with companies abroad which means the response will be "swift". (File photo)
February 2nd, 2017 - 06:47 GMT

Jordanians boycott telecom services to protest potential fees on apps ‘Whatsapp’ and ‘Viber’

RAK Petroleum
February 2nd, 2017 - 06:43 GMT

RAK Petroleum plc announces management changes

During the event
February 2nd, 2017 - 06:28 GMT

MD & CEO of DEWA welcomes Consul-General of the Netherlands in Dubai

Doha Jewellery and Watch Exhibition 2017
February 2nd, 2017 - 06:25 GMT

Enjoy great Qatar Airways holidays packages to experience the luxurious Doha Jewellery and Watch Exhibition 2017

Ericsson
February 2nd, 2017 - 06:19 GMT

Ericsson and Cisco to virtualize Vodafone Hutchison Australia’s core and IP network

Etisalat
February 2nd, 2017 - 06:13 GMT

Etisalat offers free data, minutes and premium TV channels to affected subscribers by network outage

Khair Infographic
February 2nd, 2017 - 06:03 GMT

DEWA approves 12 programmes for 27 social initiatives to support Year of Giving

Ali Mustafa
February 2nd, 2017 - 04:40 GMT

NU-Q students learn from international digital journalist

Major projects of Oman Oil Company include the Duqm gas pipeline, a mega crude storage facility at Ras Al Markaz and several other projects in Duqm free zone.  (Wikimedia Commons)
February 1st, 2017 - 01:00 GMT

Oman Oil announces billion-dollar investment in national projects

The 2016 results – which take Nakheel’s cumulative results since 2010 to Dh19.9 billion – follow improved year-on-year performances by the company’s retail, hospitality and residential leasing businesses. (File photo)
February 1st, 2017 - 12:00 GMT

UAE developer Nakheel announces record $1.35B net profit

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