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Qatari PM speaks at Lucerne Summit
June 24th, 2026 - 09:53 GMT
P. Choiaqo

P. Choiaqo

Gulf countries to fund $300 billion reconstruction in Iran if peace talks go through

ALBAWABA - Qatari PM, Sheikh Mohammad, said that Gulf states could play a role in financing reconstruction in Iran, however, $300 billion seems ‘aspirational’ he says. In an interview with Financial Times, Sheikh Mohammad said that Gulf states are willing to finance if Iran reaches a conclusive and final peace agreement with the U.S. "Our aim is that Iran flourishes and their economy grows; and our investment basically has always ...
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The project will use LED (light emiting diode) lighting systems which will achieve a minimum of 60 per cent drop in energy consumption. (Shutterstock)
May 8th, 2016 - 09:08 GMT

Abu Dhabi's $1.4B Mafraq-Ghuwaifat international highway 59 percent complete

In 2013, Qatar’s production from the field was two times higher than Iran’s. (Twitter)
May 8th, 2016 - 07:00 GMT

Iran to exceed Qatari natural gas production by 2017 from shared field

Iran had previously rejected calls to cut production until its output reached four million barrels per day. (File photo)
May 8th, 2016 - 05:00 GMT

Is Iran finally ready to join oil production freeze plan?

Ali al-Naimi, who has been in charge of the kingdom’s oil policy since 1995. (File photo)
May 8th, 2016 - 04:02 GMT

Saudi Arabia dismisses longtime oil minister in major cabinet shake-up

Companies such as Siemens, Lukoil, and Gazprom are attending the show in Tehran. (Shutterstock)
May 5th, 2016 - 11:56 GMT

Global giants flock to Iran Oil Show 2016

Prior to the 2011 uprising foreign reserves were almost $36 billion. (File photo)
May 5th, 2016 - 11:38 GMT

Egypt's foreign reserves reach $17B

The new stadium will be built on the site of Dubai Sports Club at Al Aweer area in Dubai. (Dubai Media Office)
May 5th, 2016 - 09:15 GMT

Dubai to build world's first fully air-conditioned stadium

The minister's visit “is part of Saudi policies to find alternatives to oil". (Shutterstock)
May 5th, 2016 - 08:00 GMT

Saudi Arabia to cooperate with Sudan on Red Sea mineral exploration

Motiongate Dubai will open in October 2016 and include five zones including Sony Pictures studios and Dreamworks Animation.  (Twitter)
May 5th, 2016 - 07:00 GMT

Dubai Parks and Resorts begins trading shares on Dubai Financial Market

Vodafone Qatar has yet to turn a profit after breaking Ooredoo’s monopoly in the country in 2009. (Facebook)
May 5th, 2016 - 05:00 GMT

Vodafone Qatar follows rival Ooredoo with layoffs

The Tawke field accounts for 50 percent of the production and 60 percent of the total oil exports from the Kurdish north. (File photo)
May 5th, 2016 - 04:03 GMT

Kurdish oil payments help boost Norway's DNO investments in Northern Iraq field

Ships carrying humanitarian aid for the Gaza Strip already unload their cargo at Ashdod Port. (Wikipedia)
May 4th, 2016 - 12:00 GMT

Gaza imports: Ex-IDF commander proposes Palestinian terminal at Ashdod port

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