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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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Saudi Arabia will allow imports of beef and beef products from US cattle less than 30 months of age, with the policy expanded after a phase-in period. (Shutterstock)
July 14th, 2016 - 07:00 GMT

US beef with Saudi Arabia: Imports to resume after 2011 ban

Egyptair's Boeing 737-800. (Wikimedia Commons)
July 14th, 2016 - 06:00 GMT

EgyptAir orders nine Boeing aircraft worth $864M

Kuwait is looking into offering 20 to 30 percent of the four subsidiaries’ stocks for public subscription, keeping the majority of stock in government lock. (Shutterstock)
July 14th, 2016 - 04:54 GMT

Kuwait mulls partial privatization of its oil industry

In the absence of reliable market data, developers are continuing to build despite a seemingly saturated market. (Promofair/Dream 2016)
July 13th, 2016 - 12:00 GMT

Lebanese real estate developers shrug off market downturn with new projects

In January, Gulf Air announced orders for 45 aircraft in total with deliveries commencing from Q2 2018. (AFP/File)
July 13th, 2016 - 11:00 GMT

Bahrain's Gulf Air awards $900M contract to Rolls-Royce for Dreamliner engines

In September 2015, 107 people were killed and more than 200 injured when a crane belonging to the Saudi Binladin Group collapsed onto the Grand Mosque in Mecca. (AFP/File)
July 13th, 2016 - 10:00 GMT

Date of Mecca crane collapse trial to be announced shortly

Because of Brexit, GCC banks which are looking for alternative sources of funding to compensate lower government deposits are unlikely to receive new external funding from the UK. (Shutterstock)
July 13th, 2016 - 09:00 GMT

Brexit impact on GCC sovereigns will be minimal: Moody's

Overall, crude oil prices remain suppressed after breaching the $50 threshold earlier this year. (Shutterstock)
July 13th, 2016 - 08:00 GMT

Oil prices rise with release of OPEC report, but short term pressures remain

The developers hope to involve some of the 250,000 Filipinos currently living and working in Qatar to take part in the project. (MetroCebu.ph)
July 13th, 2016 - 07:00 GMT

First Filipino hospital to be established in Qatar

Snow City cost SR100 million and has been built over 5000 square metres with an hourly capacity of 350 people.  (Khaleej Times)
July 13th, 2016 - 06:00 GMT

It'll be a winter wonderland in Riyadh all year long as Snow City set to open

Chinese-Egyptian relations have developed positively over the past period after the Chinese President visited Cairo last January, in a trip that was the first of its kind in 12 years. (File photo)
July 13th, 2016 - 05:00 GMT

Egypt inks 18 multi-sector deals with China


Beirut came in above the Cambodian city of Siem Reap, but just below the historic Italian city of Rome.  (Shutterstock)
July 12th, 2016 - 12:00 GMT

Beirut earns a place on Travel and Leisure's 'World's Best Cities' list

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