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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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Oman need oil prices to remain high to ensure it can keep its budget commitments
January 8th, 2013 - 04:00 GMT

Oman gambles on oil prices

Egypt and the US are continuing debt-swap talks
January 7th, 2013 - 03:11 GMT

Egypt-US negotiations ongoing in debt swap deal

Workers across the region are expected to see above inflation pay rises
January 7th, 2013 - 02:56 GMT

MENA workers to get above inflation pay increases

Russia has been confirmed as the world largest oil producer
January 7th, 2013 - 01:52 GMT

Russia beats Saudi to top of the oil league

Turkey and the UAE have signed new electricity deals
January 7th, 2013 - 01:24 GMT

Turkey and UAE ink new power deal

Egypt's new  Interior Minister say security is needed to help the economy
January 7th, 2013 - 01:07 GMT

Egypt: Security vital for economy, new Interior Minister states

Oil supply fears have caused the price of crude oil to dip
January 7th, 2013 - 12:45 GMT

Crude oil price slips up as fears grow over supply

The Gulf petrochemical trade is looking for more growth in 2013
January 7th, 2013 - 12:22 GMT

Gulf petrochemical eyes 2013 growth

Duabi has been revealed as a key part of UK-based tax evaders smuggling network.
January 7th, 2013 - 12:00 GMT

UK tax evaders use Dubai smuggling route

Al Bawaba
January 7th, 2013 - 11:41 GMT

du holds ceremony to honour support teams in support of HH Sheikh Mohammed’s ‘Thank You’ campaign

Yemen has confirmed its oil sales for March 2013
January 7th, 2013 - 11:31 GMT

Yemen confirms oil sales

The Egyptian bourse slipped on Sunday but remained unaffected by a cabinet reshuffle
January 7th, 2013 - 11:22 GMT

Egyptian stocks unaffected by cabinet reshuffle

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