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BUSINESS

BUSINESS latest

oil prices
April 8th, 2026 - 05:49 GMT
Sally Shakkour

Sally Shakkour

Oil prices drop after US-Iran ceasefire deal

ALBAWABA - Global oil prices have fallen sharply, while stock markets have increased after the announcement of a two-week ceasefire deal between the United States and Iran. Washington and Tehran agreed to a conditional two-week ceasefire deal that includes the reopening of the Strait of Hormuz, which has been closed since the start of the war in February 2026. The BBC reported that the price of benchmark Brent crude dropped ...
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Tim Fallon Vice President for Corporate Communications
September 27th, 2016 - 08:09 GMT

DAMAC Properties scoops industry awards at Africa and Arabia Property Awards

Abraaj has invested in the Pacific Alliance countries of Colombia, Mexico and Peru since 2008 across a range of sectors including retail, tourism, technology, food and beverage and consumer goods. (Trade Arabia)
September 27th, 2016 - 08:00 GMT

Abraaj takes new steps with stake in Mexican footwear company

Apple farmers briefly cut off the highway from Jbeil towards Beirut and dumped their apples on the street in protest of alleged barriers to selling their products. (Panoramio)
September 27th, 2016 - 07:00 GMT

Them apples: Lebanon to regulate produce imports to protect local market

ROSATOM opens a new front in fight against cancer
September 27th, 2016 - 06:47 GMT

ROSATOM opens a new front in fight against cancer

Egypt has been scrambling to attract investment needed to restore growth since the 2011 uprising, which ushered in protracted political turmoil and scared away tourists and foreign investors. (Wikimedia Commons)
September 27th, 2016 - 06:30 GMT

Egypt seeks $10B FDI for major infrastructure upgrades

Ashesh Badani, vice president and general manager,
September 27th, 2016 - 06:28 GMT

Red Hat drives DevOps adoption and application scalability with latest version of Red Hat openShift container platform

Etihad Airways
September 27th, 2016 - 06:01 GMT

Etihad Airways collaborates with leading fashion and skincare brands in first class

Many Jordanina MPs have called on the government to shy from importing the Israeli gas, citing the frequent Israeli crimes against the Palestinian people. (Shutterstock)
September 27th, 2016 - 05:56 GMT

Jordan's NEPCO signs deal with Noble Energy to receive gas from Israel

Mike Weston - Vice President - Cisco Middle East
September 27th, 2016 - 05:26 GMT

Cisco announces integrated cloud-based security solutions for digital era

The royal decree also includes a 15 percent reduction in benefits toward a car and housing for Shoura members. (File photo)
September 27th, 2016 - 04:41 GMT

Saudi ministers' pay and perks cut as part of new austerity measures

Schalk van der Merwe
September 27th, 2016 - 04:19 GMT

Khalidiya Palace Rayhaan by Rotana appoints new director of human resources

Security Forum Meeting
September 27th, 2016 - 03:54 GMT

CIRS hosts forum on security concerns facing the Gulf

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