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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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During the event
February 1st, 2017 - 10:34 GMT

Dubai Islamic Bank wins four distinctive awards on delivering outstanding customer experience

Egyptians consume an estimated 250,000 tons of sugar each month, according to Egypt’s Supply Ministry. (Shutterstock)
February 1st, 2017 - 10:00 GMT

Sugar high again: Egypt raises prices of subsidized sugar and cooking oil

Kaspersky Lab
February 1st, 2017 - 09:32 GMT

Online financial cybercrime victims in the UAE struggle to recover all their lost money

Abdul Razzaq Al Balushi
February 1st, 2017 - 09:26 GMT

Ooredoo appoints new Chief Financial Officer

flydubai
February 1st, 2017 - 09:12 GMT

flydubai announces 14.4% passenger growth to 10.4 million and profit of AED 31.6 million

The Shamoon malware that infected the ministry’s systems is believed to be responsible for a similar cyberattack on state oil giant Saudi Aramco in 2012.  (Shutterstock)
February 1st, 2017 - 09:00 GMT

A week on, Saudi labor ministry continues to face disruptions from cyber attack

Teddy buddies at Dalma Mall
February 1st, 2017 - 08:01 GMT

Teddy buddies at Dalma Mall

In 2016, the Dubai market registered the highest RevPAR of $200, followed by Jeddah, which registered a RevPAR of $196. (Shutterstock/Esherez)
February 1st, 2017 - 08:00 GMT

Middle East hospitality market witnessed drop in RevPAR in 2016: EY

All data except weight and blood oxygen can be collected from a smartwatch, according to a Stanford University professor. (Shutterstock)
February 1st, 2017 - 07:37 GMT

Coming down with something? Maybe your smartwatch knows

Etihad Airways
February 1st, 2017 - 07:20 GMT

Etihad Airways introduces third daily flight to Bengaluru

If you’re proceeding with the hiring process, it would help you to moderate the tone of your interest. (Shutterstock)
February 1st, 2017 - 07:15 GMT

How to communicate the right level of interest in a potential job

Shukri Eid, Managing Director – East Region, Cisco Middle East
February 1st, 2017 - 07:10 GMT

Cisco 2017 Annual Cybersecurity Report: Classic attack vectors re-emerge; Cisco reduces “time to detection” to six hours

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