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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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Although housing prices have continued to surge throughout the year, prices have also soared, particularly in İstanbul and other major urban centers.
September 17th, 2014 - 01:49 GMT

Time to reconsider the vacation house? Istanbul housing prices up 21%

Al Bawaba
September 17th, 2014 - 04:55 GMT

Mixed signals: China's FDI levels hit two year low

 These meetings form part of the mandatory updates required to be provided to the BIE as Dubai prepares for the submission of all requirements to seek formal approval at the next critical registration phase in November 2015.
September 17th, 2014 - 04:55 GMT

Expo 2020 plans under review

The Suze Canal
September 17th, 2014 - 03:55 GMT

How many investment certificates will it take? Suez Canal project to cost $220 billion over 15 years

The granting of the Unit Three and Four construction licence followed an intensive 18-month review by about 200 FANR and other technical experts.
September 17th, 2014 - 03:55 GMT

Can't get enough? The UAE decides on two more nuclear reactors

Al Bawaba
September 16th, 2014 - 02:52 GMT

Egyptian court upholds jail sentence, $7 million fine against business tycoon Nassef Sawiris

Al Bawaba
September 16th, 2014 - 02:45 GMT

Arabtec 'unaware' that ex-CEO will sell his stake

ICD is also developing the new Atlantic Hotel and Resort in Sanya city in Hainan Province, China, in cooperation with Kerzner.
September 16th, 2014 - 02:31 GMT

How can a hotel possibly cost this much? UAE to direct sovereign wealth towards $1.5 billion hotel on Palm Jumeirah

Al Bawaba
September 16th, 2014 - 02:12 GMT

That's more than a billion a day: Egypt raises $8.5 billion in total for Suez Canal expansion project

The UAE's non-oil producing private sector companies posted a marked strengthening of business conditions in August, as new orders and output rose at accelerated rate
September 16th, 2014 - 04:55 GMT

Emerging markets hit highest note since March 2013

Al Bawaba
September 16th, 2014 - 04:55 GMT

Selling at double the pace of the iPhone 5, Apple swamped with iPhone 6 record-breaking pre-orders

Additionally, members of Hilton HHonors, the guest loyalty programme of Hilton Worldwide’s 11 distinct hotel brands, can earn points or airline miles at participating hotels worldwide
September 16th, 2014 - 04:55 GMT

Start packing? Hilton slashes prices for Eid holidays

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