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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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Cuts would focus on areas where there are already a high number of Kuwaiti, GCC and Bedouin teachers, such as in social sciences. (Pixabay)
August 28th, 2016 - 11:23 GMT

Kuwait to sack hundreds of expat teachers in bid to reach 25 percent Kuwaitization

Egypt's cotton output has been declining for the past decade after farmers failed to adapt to shifting consumer demand for mass-produced items made from short- or medium-staple fiber, according to USDA. (Welspun India)
August 28th, 2016 - 10:00 GMT

False labelling scandal in US reveals reality of decline in Egyptian cotton manufacturing

In July, Iran produced around 3.6 million bpd, 17 percent higher than during the first quarter of the year when initial production considerations emerged. (File photo)
August 28th, 2016 - 09:00 GMT

Iran to attend OPEC meeting, but will defend 'right to market share'

The acquisition of Digiturk represents the largest deal in BeIN's history and a major milestone in their global expansion. (File photo)
August 28th, 2016 - 08:00 GMT

BeIN gains strong foothold in Turkey with Digiturk acquisition

Saudi Energy Minister Khalid Al Falih stated that huge emphasis will be put in the future on foreign investments. (File photo)
August 28th, 2016 - 07:00 GMT

Saudi Aramco courts international investors to underwrite shares

The initiative was taken voluntarily by 39 international pharmaceutical companies, saving up to Dh267 million for patients in one year.  (File photo)
August 28th, 2016 - 06:00 GMT

UAE slashes prices on 762 medicines

Unplanned oil production outages in a number of OPEC countries also contributed to lower export earnings.  (AFP/File)
August 28th, 2016 - 05:00 GMT

OPEC earnings drop to lowest level since 2004

The scale of corruption in the wheat scandal is estimated at one billion pounds. (PressTV)
August 28th, 2016 - 04:00 GMT

Egypt's Minister of Supplies resigns amidst wheat corruption probe

A number of European airlines and governments introduced restrictions on flights to Sharm El-Sheikh over security concerns after the Russian airliner disaster. (File photo)
August 25th, 2016 - 12:00 GMT

Turkish Airlines to fly to Sharm El Sheikh from 10 September

The multi-billion GCC Railway Network - a huge railway system of 2,117 km designed to connect Kuwait, Bahrain, Saudi Arabia, Qatar, UAE and Oman - was earlier slated for completion in 2018. (Menarailpost.com)
August 25th, 2016 - 11:07 GMT

Oman's national railway ambitions chug on despite delay in GCC rail network completion

Tekfen is already engaged in a diverse range of construction activities including power generation, airports, petroleum, roadways, infrastructure projects, and building complexes. (Lusail.com)
August 25th, 2016 - 10:00 GMT

Turkey's Tefken Holding secures $2.1B contract for Qatar highway

Sky Prime is a subsidiary of Alpha Star Aviation. (Sky Prime Aviation)
August 25th, 2016 - 09:30 GMT

Sky Prime, Saudi Arabia's new VIP airline, ready for take off

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