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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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Elaine Weidman-Grunewald, Senior Vice President and Chief Sustainability Officer
January 24th, 2017 - 07:37 GMT

Ericsson at World Economic Forum 2017 – working further with Responsive and Responsible Leadership

KSA, UAE, Kuwait, Qatar, Bahrain, and Oman emerge with the most respondents who are extremely satisfied with their working hours and the support they receive from colleagues and coworkers. (Shutterstock)
January 24th, 2017 - 07:30 GMT

The Happiness Survey: Wellbeing and satisfaction in the Middle East

The aircraft are currently based in Abu Dhabi’s Al Bateen Airport, and only fly to destinations in the GCC region as they cannot fly longer than around three hours. (GI Aviation)
January 24th, 2017 - 07:00 GMT

Luxury for less: GI Aviation debuts cut-price private jets

Children listen to a talk presented by Qatar National Library (QNL) at the ‘The Beacon of Knowledge and Light’ festival
January 24th, 2017 - 06:57 GMT

‘The Beacon of Knowledge and Light’ festival proves a great success

Emirates Airline
January 24th, 2017 - 06:52 GMT

Emirates is launching special offers for trips to Dubai

Etihad Airways
January 24th, 2017 - 06:48 GMT

Etihad Aviation Group announces President and Chief Executive Officer transition process

ADNOC
January 24th, 2017 - 06:30 GMT

ADNOC Distribution unveils ADNOC xpress station concept in Abu Dhabi

Galaxy Note7
January 24th, 2017 - 06:20 GMT

Samsung Electronics announces cause of Galaxy Note7 incidents in press conference

Nazaha said it found irregularities in eight contracts worth more than SR80 million, which were intended to purchase licenses to implement an electronic program to unify the company’s systems. (Shutterstock)
January 24th, 2017 - 06:00 GMT

Saudi Electricity Company employees embroiled in $21M corruption case

The conclusion came after about 700 Samsung researchers and engineers replicated the incidents by testing more than 200,000 fully-assembled devices and more than 30,000 batteries. (File photo)
January 24th, 2017 - 05:57 GMT

Samsung blames faulty batteries for Galaxy Note 7 fires

Sheikh Adel Aujan (right), chairman, Aujan Group Holding, and Muhtar Kent, chairman and CEO, The Coca-Cola Company, celebrate the billionth can of Rani produced under their partnership. (Coca-Cola)
January 24th, 2017 - 05:32 GMT

'King of Vimto and Rani', Saudi businessman Sheikh Adel Aujan dies

During the event
January 24th, 2017 - 04:44 GMT

MD & CEO of DEWA inaugurates ABB’s 315kW solar power plant

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