Bloomberg Oil headed for a weekly gain as threats to supply in Iran and Venezuela overshadowed risks to demand, while an uncertain outlook heightened volatility. Futures in New York are on course for a 1.7 percent advance this week amid signs that looming US sanctions are taking a toll on Iranian crude exports. Volatility headed for the biggest weekly increase …

Bloomberg A British couple vacationing at the Red Sea resort of Hurghada last month died of illness triggered by E. coli bacteria, Egypt’s prosecutor said, citing a forensic report. John and Susan Cooper died on August 21 while staying at the Steigenberger Aqua Magic hotel. The couple had been booked at the hotel through tour operator Thomas Cook Group Plc, …

Dubai / Emirates business Under the patronage of HE Prof Abdulrahman Obaid AI-Youbi, an agreement was signed between King Abudlaziz University and Zamil Offshore. The agreement was signed by the Dean of the Faculty of Maritime Studies Dr. Hattan Timraz and Mr. Mazen S Al Harbi Chief of Human Resources of Zamil Offshore. The cooperation agreement signed between the two …