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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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Al Bawaba
January 2nd, 2013 - 04:29 GMT

AUC offers hands-on environmental program for school children

The IMF has praised Egypt's new currency controls, which are aimed at devaluing the Egyptian Pound
January 2nd, 2013 - 03:00 GMT

IMF lauds Egypt's new currency plan

2012 was a tough year for Jordan's economy and residents of the Kingdom fear what 2013 will hold
January 2nd, 2013 - 03:00 GMT

2013 looks set to be a tough year for Jordanians

The Central Bank of Egypt is trying to stop a currency flight from the country
January 1st, 2013 - 08:00 GMT

Egypt: New currency controls to curb dollar speculation, bankers claim

Is Jordan about to have a renewable energy revolution?
January 1st, 2013 - 08:00 GMT

Jordan to receive Gulf aid for renewable energy

2012 proved to be a good year for the UAE
January 1st, 2013 - 06:00 GMT

UAE's economy the big winner in 2012

Jordan and Kuwait have signed key  GCC-backed contracts work $259.5 million
January 1st, 2013 - 03:00 GMT

Jordan and Kuwait sign project contracts worth $259.5 million

China’s crude oil imports from Iran fell 31 per cent in November , with traders citing delivery delays by Iranian tankers because of tough Western sanctions.
December 31st, 2012 - 12:28 GMT

Iranian oil exports to China drop due to sanctions

Citing Western sanctions against Iran, South Korean oil imports from Iran have dropped dramatically
December 31st, 2012 - 12:20 GMT

South Korean oil imports from Iran drop

Egyptian President Mohammed Mursi said Monday that the country’s currency situation will “balance out within days,”  in an effort to calm fears
December 31st, 2012 - 11:52 GMT

Morsi: Currency situation will “balance out within days”

Today, the best New Year’s Eve party in Lebanon costs $500, while last year they exceeded $1,000
December 31st, 2012 - 11:33 GMT

Is there politics at play in the UAE's travel ban to The Cedar country?

Islamists believe that media can change reality and that is why they want to fight the media
December 31st, 2012 - 11:02 GMT

The Media in Egypt: Politics and Polarisation

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