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Donald Trump

June 25th, 2026 - 07:28 GMT

P. Choiaqo

Trump asks Congress for $87 billion citing Iran war costs

ALBAWABA - Citing “urgent needs” related to the Iran war, the White House has asked lawmakers to approve $87 billion - this comes a day after Congress passed the war powers resolution, forcing Trump to ask permission for any further military actions in Iran. According to the White House, the bulk of the $87 billion is going to the Department of Defense at $67 billion; including $21 billion for munitions ...

Mohamed Sanusi Barkindo is currently in Algiers meeting with Energy Minister Noureddine Boutarfa. (AFP/File)

September 19th, 2016 - 11:00 GMT

Cautious optimism ahead of OPEC's Algiers meeting

The Commercial International Bank (CIB), Egypt’s largest listed bank, has banned withdrawal from all debit cards abroad and has set a purchasing limits depending on the type of card. (File photo)

September 19th, 2016 - 10:00 GMT

Egypt's overseas students feel the pinch of the country's hard currency crisis

A high-ranking Yemeni ministerial official said the decision to relocate the Central Bank was made in consultation with the UAE and Saudi Arabia. (File photo)

September 19th, 2016 - 09:00 GMT

Yemen Central Bank headquarters to relocate from Sanaa to Aden

Egypt's policy change on its wheat imports will hurt Russia, Egypt's number one wheat supplier. (File photo)

September 19th, 2016 - 07:50 GMT

Egyptian delegation to head to Russia with aim to defuse imports row

Critics of the new law voiced concerns over putting customized conditions that fit specific parties who may exploit the country's difficult economic situation. (AFP/File)

September 19th, 2016 - 06:16 GMT

Will Tunisia's controversial new investment law boost the economy and tourism?

Nesma currently flies between Saudi and Egypt and plans to connect the city of Hail with 12 points around the kingdom. (Wikimedia Commons)

September 19th, 2016 - 05:23 GMT

Nesma Airlines to enter Saudi's budget air travel market with domestic flights in November

The Seattle purchase follows a $180M acquisition in Washington DC in February 2016. (Pixabay)

September 19th, 2016 - 04:29 GMT

Bahrain's Investcorp acquires Seattle office block for $223.5M

Oman's labor ministry claims that work clearances for women are open but are regulated 'because the aim is to protect women'. (Times of Oman)

September 18th, 2016 - 11:00 GMT

Oman recruitment agencies decry difficulties in obtaining visas for female expats

Physical infrastructure damage, now estimated at $137.8 billion in Syria and more than $20 billion in Yemen, represents a long-term challenge for policy makers. (AFP/File)

September 18th, 2016 - 10:00 GMT

IMF report details the crippling economic effects of conflict in MENA

The newly announced dates for signing the contracts comes following a series of delays. (File photo)

September 18th, 2016 - 09:00 GMT

Progress at last? Renaissance Dam study contracts to be signed this week

A key modification includes finding a new route for the pipeline to avoid waters controlled by the United Arab Emirates. (File photo)

September 18th, 2016 - 08:00 GMT

Iran-Oman undersea gas pipeline costs set to rise to $1.5B

The report noted that the divergence between supply and demand will likely persist in the coming years, which means that oil prices will remain at relatively low levels. (File photo)

September 18th, 2016 - 07:00 GMT

MENA's projected economic growth rate at weakest since 2009