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Iran war exposes Trump’s weak point under economic pressure
April 18th, 2026 - 10:41 GMT
Osama Ali

Osama Ali

Iran war exposes Trump’s weak point under economic pressure

ALBAWABA - President Donald Trump is facing difficulties as domestic expenses continue to climb due to the prolonged battle with Iran, which is gradually putting strain on the US economy. The conflict's economic effects have grown increasingly apparent, but despite military efforts, its goals have not yet been fully met. Customers are being impacted by rising gasoline prices and worries about inflation, which puts further pressure on the government. Initially ...
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Construction cranes behind Mecca's Grand Mosque, 2008. (AFP/Khaled Desouki)
September 11th, 2016 - 10:00 GMT

Mecca expansion projects to proceed despite troubled construction sector: Mayor

The mall is located in 6th of October City and will feature more than 350 lifestyle, entertainment, and convenience-oriented outlets, and 50 food and beverage outlets. (Majid Al Futtaim)
September 11th, 2016 - 09:00 GMT

Majid Al Futtaim's $673M Mall of Egypt slated for March opening

Some institutions in Lebanon are paying half a salary to their staff while others resort to arbitrary layoffs with no compensation. (Shutterstock)
September 11th, 2016 - 08:00 GMT

Lebanon: 2000 layoffs in the wake of economic and political crises

The project is strategically located in Mawaleh in Muscat. (File photo)
September 11th, 2016 - 07:00 GMT

Kuwait's Al Mazaya to invest in Oman residential housing project

Vice-President and Prime Minister of the UAE and Ruler of Dubai Shaikh Mohammad Bin Rashid Al Maktoum welcomed a special group of 16,000 Chinese tourists to Dubai in April 2014. (WAM)
September 11th, 2016 - 06:00 GMT

UAE visa on arrival for Chinese hopes to boost trade and tourism

The forum discussed the use modern technology to reduce the cost of Islamic finance operations. (Pixabay)
September 11th, 2016 - 05:28 GMT

Global Islamic finance system to expand to $6.5T by 2020: IFSB

The money will be used to “create job opportunities and improve citizens’ living standards,” according to Minister of International Cooperation Sahar Nasr. (File photo)
September 11th, 2016 - 04:13 GMT

Egypt receives first payment of $3B World Bank loan

BeIN holds exclusive rights over the broadcasting of many football tournaments in Egypt, putting it in a dominant position that enables it to dictate its terms on subscribers. (BeIN)
September 8th, 2016 - 01:00 GMT

Egypt's competition watchdog warns BeIN Sports against monopolistic practices

Dubai can easily attract investment amounting between $50B-$100B in the foreseeable future through brand positioning strategy and an effective marketing campaign, according to one economist. (File photo)
September 8th, 2016 - 12:00 GMT

Singapore, Dubai can steal London's crown as global financial hub: PWC

The acute shortage of liquidity forced the Binladin Group to stop work on a series of projects and relieve thousands of its employees and workers. (File photo)
September 8th, 2016 - 10:54 GMT

Binladin Group crisis: 100,000 workers remain unpaid

The five-star Marriott Hotel Al Jaddaf in Dubai.  (Marriott)
September 8th, 2016 - 08:00 GMT

Marriott to open 11 new MENA hotels by end 2016

Oman is facing a construction crisis due to the oil price dip leading to salary delays and other issues. (File photo for illustrative purposes only)
September 8th, 2016 - 07:00 GMT

Oman: Stranded expat workers in legal limbo over job cuts

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