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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 in Muscat. (AFP/File)
August 4th, 2016 - 07:25 GMT

Oman convention center slated to open in September

Oriental Weavers, founded in 1979, is considered a giant manufacturer of carpets, rugs and related raw material. (File photo)
August 4th, 2016 - 05:00 GMT

Oriental Weavers expand production by injecting over EGP 100 million’s worth of investments

BLOM bank in Beirut came under attack in June. (AFP/File)
August 4th, 2016 - 04:51 GMT

Lebanon: Financial analysts warn of long-term economic repercussions after BLOM Bank attack

Muslim women visit a chateau in Nantes, France. (AFP/Jean-Sebastien Evrard)
August 3rd, 2016 - 04:00 GMT

Islamic funding in France comes under fire

The output sub-index continued to fall for a 10th month but at a slower rate, as it reached 48.8 points in July from 46 points in June. (AFP/File)
August 3rd, 2016 - 03:00 GMT

Non-oil sectors slow for 10th consecutive month in Egypt

This file photo shows The British Union flag (L) and the European Union (EU) flag flying side-by-side outside City Hall, the headquarters of the Greater London Authority, in central London. (AFP/File)
August 3rd, 2016 - 02:00 GMT

Brexit will not affect UK’s commitments to Jordan

Saudi women, shown here at a cultural festival near the capital Riyadh. (AFP/File)
August 3rd, 2016 - 01:00 GMT

Saudization initiatives: Women-only telecom centers

The Kuwaiti cabinet will raise petrol prices by more than 80 percent, for the first time in 50 years. (File photo)
August 3rd, 2016 - 12:00 GMT

Kuwait raises petrol prices in 50-year first

Erdogan urged investors not to be concerned about Turkey's economy. (AFP/File)
August 3rd, 2016 - 08:00 GMT

Erdogan claims Turkish economy safe in state of emergency

Theme parks could be the next big thing for Saudi Arabia. (Shutterstock)
August 3rd, 2016 - 07:00 GMT

Saudi poised to become new leader in theme park industry

Will Lebanon have to press "pause" on its media output? (Shutterstock)
August 3rd, 2016 - 06:00 GMT

Lebanon faces critical financial issues for state, local media organizations

Hi-tech and low-environmental impact will make Saad Al-Abdullah a one-of-a-kind city. (Shutterstock)
August 3rd, 2016 - 04:00 GMT

Kuwait plans first eco-friendly, ‘smart’ city

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