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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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Starbucks operates nearly 600 stores in 12 countries in the MENA, employing more than 10,000 staff through its trading partner Alshaya Group, a privately-run Kuwaiti company. (Wikimedia Commons)
January 31st, 2017 - 05:18 GMT

Starbucks pledges to hire 10,000 refugees in response to Trump's visa ban

During the event
January 31st, 2017 - 04:44 GMT

Abu Dhabi Ports attracts Emirati talents at Tawdheef 2017

Airbnb CEO Brian Chesky expressed his support to the Muslim and refugee community in a Facebook message.  (Airbnb)
January 30th, 2017 - 01:00 GMT

Airbnb CEO offers free rooms to those hit by Trump's travel ban

When creating a job post, employers can use mandatory screening questionnaire to filter out the candidates who are unqualified and keep those who fit their criteria the most. (Shutterstock)
January 30th, 2017 - 01:00 GMT

Using Bayt.com as a one-stop recruitment shop

To meet its financing needs, Egypt has sought funding from a variety of sources, from development loans to foreign grants and aid. (Shutterstock)
January 30th, 2017 - 12:56 GMT

After success of $4B Eurobonds, Egypt considers yen and yuan

Rohit Ramachandran joins Jazeera Airways as CEO
January 30th, 2017 - 11:11 GMT

Rohit Ramachandran joins Jazeera Airways as CEO

The UAE received more than 600,000 Russian tourists in the past two years and there are 56 weekly flights between the two countries. (Shutterstock)
January 30th, 2017 - 11:00 GMT

UAE courts Russian tourists with visa on arrival scheme

Gulf Bank reports net profit of KD 43 million, up 10% from 2015
January 30th, 2017 - 10:52 GMT

Gulf Bank reports net profit of KD 43 million, up 10% from 2015

During the event
January 30th, 2017 - 10:32 GMT

DEWA launches Free Electrons to support next generation of international clean energy entrepreneurs


Renewables are projected to be the fastest growing fuel source, growing at an average rate of 7.6 per cent per year. (Shutterstock)
January 30th, 2017 - 10:00 GMT

Emerging markets are changing global demand for energy: BP

During the event
January 30th, 2017 - 09:39 GMT

Millennium Resort Mussanah welcomes five of Oman’s biggest social media influencers

During the event
January 30th, 2017 - 09:29 GMT

Etihad Airways wins Islamic Deal of the Year award for historic Sukuk

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