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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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Huda Abdulla, Executive Vice President of Branch Distribution at FGB
January 6th, 2013 - 04:34 GMT

First Gulf Bank initiates daily draw of FirstSavings Certificates to promote financial literacy

Ratings agency Fitch has praised Egypt's currency control regime
January 6th, 2013 - 03:00 GMT

Ratings agency Fitch praise Egypt's currency actions

Egyptian gas supplies to Jordan have returned to "normal levels", according to energy officials
January 6th, 2013 - 02:00 GMT

Egypt's gas supplies to Jordan back to "normal levels"

The Egyptian pound slipped again on Thursday during the Central Bank of Egypt's currency auction
January 3rd, 2013 - 12:34 GMT

Egyptian pound slips again, but at slower pace

Oman's GDP grew by 8.3 per cent in 2012, faster than the seven per cent target
January 3rd, 2013 - 12:10 GMT

Oman's GDP grew by 8.3 per cent in 2012

The Arab Fund for Economic and Social Development has signed deal with Sudan to help finance new projects
January 3rd, 2013 - 11:55 GMT

Arab Fund for Development and Sudan sign loan agreement

The value of trade between Iran and Turkey surpassed $20.8 billion in the first 11 months of 2012, new statistics show
January 3rd, 2013 - 11:41 GMT

Turkey-Iran trade tops $20 billion

Middle Eastern investment banking fees totalled $402 million during the first nine months of 2012
January 3rd, 2013 - 11:27 GMT

Global banks wary of Middle East operations

Unemployment among the youth in Yemen has reached 60 percent
January 3rd, 2013 - 11:17 GMT

UNDP project to help ease chronic youth unemployment in Yemen

The aging population will further increase the burden on health care systems and costs
January 3rd, 2013 - 11:16 GMT

Saudi pharmaceutical market very healthy

Al Bawaba
January 3rd, 2013 - 11:15 GMT

Khalaf Al Habtoor heeds the call "Relief them in winter"

The UK has assumed the role of the G8 group of nations and has said that more needs to be done to support Egypt
January 3rd, 2013 - 10:57 GMT

UK pledges more support for Egypt in new role as head of G8

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