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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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Strike action by electrical workers in Lebanon  could further exacerbate weather related power cuts
January 9th, 2013 - 12:42 GMT

Strike by electricity workers in Lebanon compounds weather problems

Bahrain's state-backed oil company reached a new milestone in oil production
January 9th, 2013 - 12:20 GMT

Bahrain in record oil production

EMAL
January 9th, 2013 - 12:07 GMT

EMAL celebrate workers at ceremony in support of HH Sheikh Mohammed Bin Rashid’s ‘Thank You’ initiative

OPEC members earned top dollar last year, new date from the US shows.
January 9th, 2013 - 11:59 GMT

OPEC Members reap rewards

Al Bawaba
January 9th, 2013 - 11:54 GMT

Qatar Tourism Authority announces winners of National Day Hotel Competition

The UAE has no plans to alter strict new mortgage laws, according to sources quoted by a local daily paper
January 9th, 2013 - 11:48 GMT

No change in expat mortgage rules in the UAE

Iraq oil production dipped in December
January 9th, 2013 - 11:38 GMT

Iraq oil exports see December drop

Jordan has been briefing Morocco on how to reduce subsidies
January 9th, 2013 - 11:29 GMT

Jordan offers advice to Morocco on subsidy reduction

Al Bawaba
January 9th, 2013 - 11:22 GMT

Ramada Ajman presents enticing food deals to jumpstart 2013

Al Bawaba
January 9th, 2013 - 11:06 GMT

Imdaad organises staff appreciation ceremony in support of Sheikh Mohammed's 'Thank You' initiative

Oman has said it wil be strict with companies break laws on pay increases for staff
January 9th, 2013 - 10:23 GMT

Pay rises to become law in Oman

Egypt is planing new electric railway lines from Alexandria to Cairo
January 9th, 2013 - 10:13 GMT

Full steam ahead for new railways in Egypt

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