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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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The most pressing changes required include enhancing the efficiency of the labor market, to allow workers to quickly move, at low cost, from one job to another. (AFP/Fabrice Coffrini)
January 19th, 2017 - 09:00 GMT

Davos 2017: MENA business leaders unveil six-point policy reform plan

Saudi Arabia’s Energy Minister Khalid al Falih at the World Future Energy Summit in Abu Dhabi.  (AFP/Nezar Balout)
January 19th, 2017 - 08:00 GMT

'No need to extend oil production cuts beyond six months': Saudi oil minister

Both watches will come with Bluetooth and Wi-Fi functionality, while the Sport alone will feature built-in GPS to track runs, and NFC for use with Android Pay. (Shutterstock)
January 19th, 2017 - 07:53 GMT

LG partners with Google to launch two Android Wear 2.0 smartwatches

Meeting deadlines, starting and ending meetings on time, not extending lunch breaks, and being conscious of others’ time are all essential to demonstrate your sense of punctuality. (Shutterstock)
January 19th, 2017 - 07:26 GMT

Raise the bar: Demonstrating a strong work ethic

Sheikh Hamdan bin Rashid Al Maktoum
January 19th, 2017 - 07:08 GMT

ENOC Group announces new Board of Directors of its wholly-owned subsidiary Dragon Oil

Cycling is one of the fastest growing activities in Dubai, with an ever-increasing number of events, initiatives and groups promoting the sport. (Shutterstock/Philip Lange)
January 19th, 2017 - 07:00 GMT

Nakheel to build over 105 kms of bike tracks in Dubai

During the event
January 19th, 2017 - 06:40 GMT

Masdar and Bee’ah to build 300,000 tonne waste-to-energy plant in

Outgoing US President Barack Obama waves goodbye at his final press conference at the White House on January 18, 2017.(AFP/Yuri Gripas)
January 19th, 2017 - 06:37 GMT

A guide to the US presidential inaugurations: Past and present

During the event
January 19th, 2017 - 06:35 GMT

ADNOC and Masdar’s Carbon capture facility holds key to limiting industrial CO2 emissions

CAREEM
January 19th, 2017 - 06:30 GMT

Careem partners with VISA to offer the best DSF experience

PepsiCo
January 19th, 2017 - 06:28 GMT

PepsiCo highlights the importance of partnerships, innovation in water management at the International Water Summit in the UAE

Craig LaMay, a Northwestern University scholar
January 19th, 2017 - 06:24 GMT

Sports journalism expert returns to NU-Q

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