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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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Iran has held a simulated cyber attack as part of military drills in the key oil trading route, the Strait of Hormuz
December 31st, 2012 - 10:43 GMT

Iran stage cyber warfare drills

During the ceremony
December 31st, 2012 - 10:42 GMT

du celebrates successful franchise model of its retail network by recognising top performers

Media reports suggest that a further $300 million in Mubarak's assets have been frozen in Switzerland
December 31st, 2012 - 10:35 GMT

Swiss freeze $300 million of Mubarak assets, according to reports

Bahrain has signed six financing agreements totalling $448 million with the Saudi Development Fund
December 31st, 2012 - 10:16 GMT

Bahrain signs Saudi-backed GCC development projects

Al Bawaba
December 31st, 2012 - 10:11 GMT

Qatar Airways announces enhanced flight timings on Muscat and Abu Dhabi routes effective January 1

Al Bawaba
December 31st, 2012 - 09:04 GMT

Dubai Ladies Club organises Breast Cancer Awareness Lecture for Members & Employees

Iraq is to refuse payment to the semi-autonomous Kurdistan region in a long running dispute over oil rights
December 31st, 2012 - 08:56 GMT

Iraq-Kurdistan feud rumbles on as Baghdad withholds payment

Al Bawaba
December 31st, 2012 - 08:53 GMT

Samsung increases presence in the Qatari Market to better serve customers

Delegation from Watani program
December 31st, 2012 - 08:43 GMT

Khalaf Al Habtoor receives a delegation from Watani program

Poverty in Jordan is creeping up
December 31st, 2012 - 08:41 GMT

Jordan's poverty rate creeps up

Al Bawaba
December 31st, 2012 - 08:32 GMT

University of Dubai’s market research study gets positive feedback from National Bonds Corporation

Coal could overtake oil as the worlds main fossil fuel by 2017
December 31st, 2012 - 08:29 GMT

Is coal the new "black gold"?

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