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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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In April of 2016, Saudi Arabia said it was considering a US-style green card system to help reduce remittances. (File photo)
January 23rd, 2017 - 08:30 GMT

Saudi Arabia denies levy on expat remittances

2017 Nissan GT-R
January 23rd, 2017 - 08:26 GMT

2017 Nissan GT-R makes Middle East debut with fresh look and more power

adidas Blue Blast
January 23rd, 2017 - 08:07 GMT

adidas Football introduces Blue Blast Collection

The LinkedIn 'most viewed' compilation is a first for the UAE. (Shutterstock/Diabluses)
January 23rd, 2017 - 08:04 GMT

Well connected: LinkedIn's most-viewed profiles in the UAE in 2016

Oracle Middle East
January 23rd, 2017 - 08:02 GMT

Oracle enhances capabilities in UAE to support cloud growth

Rixos Bab Al Bahr
January 23rd, 2017 - 07:39 GMT

Clean sweep for Rixos Bab Al Bahr in industry awards

The proposed securities law will allow more freedom to agencies like Muscat Securities Market and Muscat Clearing and Depository Company.  (Times of Oman)
January 23rd, 2017 - 07:30 GMT

Oman's stock market watchdog proposes new securities law

Try to make excuses so you can walk and keep your body in motion. (Shutterstock)
January 23rd, 2017 - 07:15 GMT

Get moving: How to fit exercise into your workday

Aref Al Ramli, Head of Digital Banking & Innovation
January 23rd, 2017 - 07:14 GMT

Mashreq Bot wins EFMA’s ‘Innovation of the Month’ award

Aero-PTZ camera
January 23rd, 2017 - 06:55 GMT

Panasonic showcases rugged security camera Aero-PTZ at Intersec

Mike Weston, Vice President, Cisco Middle East.
January 23rd, 2017 - 06:48 GMT

Cisco-sponsored study finds cloud adoption is going mainstream, yet only few organizations are maximizing value

During the event
January 23rd, 2017 - 06:40 GMT

Dubai Customs kicks off its “2nd Dubai Customs Week” with a seminar on Facilitation and Control in Customs Work

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