Main headlines | Al Bawaba

Main headlines latest

oil prices

May 28th, 2026 - 06:34 GMT

Sally Shakkour

Oil prices up 3% after renewed clashes between the US, Iran

ALBAWABA - Oil prices jumped more than 3 percent on Thursday morning after renewed tensions between the United States and Iran in the Strait of Hormuz. Brent crude futures rose $3.51, or 3.72 percent, to $97.80 a barrel by 03:44 GMT, while the more actively traded August contract climbed $3.35, or 3.63 percent, to $95.60. The July contract is set to expire on Friday, according to Reuters. U.S. West Texas ...

COMCEC convenes annually at the ministerial level in Istanbul under the chairmanship of Turkey’s president "to address the common problems of the Muslim world.” (Twitter)

November 22nd, 2016 - 05:30 GMT

Islamic finance in the spotlight at OIC's COMCEC in Istanbul

Under the new guidelines, citizens of the US, Canada, UK and Ireland holding a five-year multiple re-entry visa to Bahrain will be able to stay longer in the country. (Shutterstock)

November 21st, 2016 - 01:30 GMT

Bahrain unveils new visas to boost tourism

In the GCC, for example, 51 percent of young Arabs said they were not concerned about the environment and climate change. (Shutterstock)

November 21st, 2016 - 12:30 GMT

Arab youth most worried about Daesh, least concerned about the environment

Shares of all three banks were suspended 15 minutes after the market opened, but resumed later after the statements from each bank were issued. (File photo)

November 21st, 2016 - 11:30 GMT

Abu Dhabi stocks drop as ADCB, UNB, ADIB deny merger rumors

Al Nouran's plant should reduce Egypt's reliance of imported sugar by up to 25 per cent from the first production line. (File photo)

November 21st, 2016 - 09:47 GMT

Sweet news for Egypt: Al Nouran to build MENA's largest sugar factory

A survey earlier this year showed that many unemployed Saudis are still put off by the lower salaries and longer working hours in the private sector. (File photo)

November 21st, 2016 - 09:30 GMT

Over 1000 mobile phone shops close, falling foul of Saudization laws

According to the forum, the confidence in the real economy sub-index rose by 2.62 points in August 2016, the highest since the beginning of this year, reaching 105.47 points. (Jordan Times)

November 21st, 2016 - 08:30 GMT

Jordan: Investor confidence rises for the first time in eight months

Cluttons joins other real estate analysts forecasting either a flat market or further slowdown in 2017. (Shutterstock/Laborant)

November 21st, 2016 - 07:30 GMT

Dubai real estate oversupply presents opportunities for buyers in 2017

Crypto-ransomware attacks encrypts all of a victim’s digital content and holds it hostage until a ransom is paid. (Shutterstock)

November 21st, 2016 - 06:21 GMT

Saudi Arabia top target for ransomware attacks in MENA

The news follows reports earlier this year that female expats in the country were having trouble obtaining work visas. (File photo)

November 20th, 2016 - 12:00 GMT

Oman confirms tighter visa restrictions for foreign women

The Saudi government is expected to pay up to 80 percent of the total dues to contractors during the remaining few weeks of this year by disbursing another SR100 billion. (File photo)

November 20th, 2016 - 11:00 GMT

Saudi Arabia pays off $10.6M in debts to private contractors

Industry sources said the huge influx of visitors will surely give a much-needed boost to the tourism industry after a slow summer and sluggish demand from key markets. (Shutterstock/Maksym Poriechkin)

November 20th, 2016 - 10:00 GMT

Following completion of mega-projects, Dubai braces for tourist influx