Arab News Headlines

July 12, 2022

Oil slides on strong dollar and weaker demand outlook

London, Oil prices fell on Tuesday on a strong dollar, and expectations of weakening demand due to fresh COVID-19 curbs in top world crude importer China and fears of a global economic slowdown.Brent crude futures fell $2.32, or 2.2%, to $104.78 a bar…

Euro pulls back from near parity, up 0.2%

London, The euro bounced from near-parity versus the dollar on Tuesday and pushed into positive territory in volatile London trading.Against the greenback, the euro rose 0.2% to $1.0057 after falling 0.4% as low as $1.00005 earlier. Traders reported th…

Sultan of Oman to visit Germany

Muscat, His Majesty Sultan Haitham bin Tarik of Oman will Wednesday pay an official visit to the Federal Republic of Germany, a statement issued by the Diwan of Royal Court said.According to Oman News Agency (ONA), the visit will discuss a set of regio…

Ten Hag sees ‘potential’ as United beats Liverpool 4-0

Bangkok, New Manchester United manager Erik ten Hag oversaw a 4-0 win over archrival Liverpool on Tuesday in his first game in charge as European pre-season friendlies returned to Asia after a two-year break. The Dutch coach was quick to downplay the s…