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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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Despite negative elements, Moody’s noted that the private equity of Lebanese banks will remain stable in general. (File photo)
July 17th, 2016 - 09:18 GMT

Growing public debt in Lebanon major source of credit risk: Moody's

TV.ae, a blend of Netflix and YouTube, will begin searching for Middle East-based content creators to write and produce short shows and films to be hosted on the site. (Akhbarak.net)
July 17th, 2016 - 09:00 GMT

New online streaming service TV.ae courts Arab talent

According to Euromonitor, the biggest challenge facing Egypt is insecurity. (File photo)
July 17th, 2016 - 08:00 GMT

Egypt's proposed pound devaluation unlikely to boost tourism: Analysts

Arabtec reported Dh46.4 million in net losses for the first quarter of 2016, and earlier reported Dh2.3 billion in net loss for the full-year 2015. (File photo)
July 17th, 2016 - 06:00 GMT

Aabar throws Arabtec another lifeline with $109M debt facility

The ministry has also set restrictions on offices recruiting workers from overseas, mandating that they submit a two-year bank guarantee of KD 40,000 ($132,358) (File photo)
July 17th, 2016 - 04:58 GMT

Too little, too late? Kuwait introduces minimum wage for domestic workers

Flight tracking website FlightAware.com so far listed 33 canceled departures for Friday and Saturday. (AFP/File)
July 16th, 2016 - 06:45 GMT

Turkey: Flights cancelled, diverted as nation reels from coup attempt

The first installment will be allocated to the areas of the relief of the displaced, education, health, and social care.  (File photo)
July 14th, 2016 - 01:00 GMT

Iraq receives first tranche of $5.3B IMF loan

The Omagine Project will have seven pearl shaped buildings, each with a different theme.  (Omantourism.gov.com)
July 14th, 2016 - 12:00 GMT

Oman's $2.5B Omagine Project targets 2024 completion

The secretary general of the UAB expects the British pound devaluation and resulting inflation following the Brexit vote to have negative implications for Arab remittances.  (Infowoman.gr)
July 14th, 2016 - 11:00 GMT

Brexit could negatively impact $560M of Arab expat remittances from UK

Singapore's Raffles Hotel, the flagship of FRHI Hotels & Resorts. (Wikipedia)
July 14th, 2016 - 10:00 GMT

AccorHotels eyes MidEast luxury market after FRHI acquisition

The reservoir of King Talal Dam is the largest reservoir in Jordan, storing freshwater and treated wastewater for irrigation in the Jordan Valley. (Wikipedia)
July 14th, 2016 - 09:00 GMT

Jordan launches $13M project to combat effects of climate change

Strata is an advanced composite aero-structures manufacturing company and a unit of Mubadala. (Wikimedia Commons)
July 14th, 2016 - 08:00 GMT

Mubadala's Strata Manufacturing lands billion-dollar Airbus contracts

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