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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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Binladin Group spokesmen have confirmed that some staff have been let go, but gave no numbers. (AFP/File)
May 3rd, 2016 - 06:00 GMT

Saudi's Binladin Group 'lost billions' following Mecca crane collapse

Majid Al Futtaim’s investments are anticipated to create more than 42,000 direct and indirect job opportunities in the Sultanate in the next five years.  (Ventures on Site)
May 3rd, 2016 - 05:00 GMT

Majid Al Futtaim to increase Oman investment to $1.83B by 2020

This is the developer's first property venture in Egypt which involves a total investment of Dh20 billion.  (Capital Group Properties)
May 2nd, 2016 - 12:00 GMT

Abu Dhabi's Capital Group Properties to build 30,000 homes in Cairo

Al Bawaba
May 2nd, 2016 - 11:00 GMT

Emiratization challenge: UAE businesses struggle to retain national staff

Power plant in Samawah, Iraq. (Wikimedia Commons)
May 2nd, 2016 - 09:00 GMT

Iran resumes electricity exports to Iraq following debt settlement


The assistance to the families, in the form of land, villas, apartments or financing, will be extended over a year starting on May 8. (File photo)
May 2nd, 2016 - 07:00 GMT

Saudi Vision 2030: Homes for 100,000 low-income families to be built within the year

The agreement will also allow the two countries to cooperate in strengthening the technological and information infrastructure of the Bahrain Bourse. (File photo)
May 2nd, 2016 - 06:00 GMT

Egypt, Bahrain stock exchanges sign cross-listing agreement

The independent Australian-based Dunmore Consulting company estimates that the Hatrurim area contains from seven to eleven million barrels of oil. (Wikimedia Commons)
May 2nd, 2016 - 04:00 GMT

Israel's Dead Sea oil find reportedly worth $1.2B

Egyptian President Abdel-Fattah El-Sisi announced the allocation on Thursday at a Labour Day celebration.  (Parlmany)
May 1st, 2016 - 03:45 GMT

Egypt's President Sisi announces $11.2M emergency workers' fund

The new power plant will be located 15km south of the capital Doha, adjacent to Qatar Economic Zone.  (Siemens)
May 1st, 2016 - 12:00 GMT

Qatar: Siemens signs 25 year service contract for major power plant

In recent months, gasoline prices in Bahrain have been raised by nearly 60 percent. (File photo)
May 1st, 2016 - 11:00 GMT

IMF warns Bahrain more efforts needed to bridge deficit

Etihad and partners Alitalia, Jet Airways, airberlin, Air Serbia, Air Seychelles, NIKI and Etihad Regional will help fashion’s insiders arrive, connect and present at the industry’s key moments throughout the year. (Twitter)

(Twitter)
May 1st, 2016 - 09:00 GMT

Etihad Airways signs new global fashion week sponsorship agreement

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