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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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Oman envisages Ras Markaz to be one of the largest oil storage hubs worldwide. (Shutterstock)
May 1st, 2016 - 07:00 GMT

Oman seeks $400M to develop oil storage terminal in Ras Markaz

Employees of the Saudi Binladin Group are seen at work in Mecca. (SPA)
May 1st, 2016 - 04:00 GMT

Saudi Arabia: 50,000 sacked Binladin Company workers to fight against unpaid salaries

Qatar National Bank is one of the largest banks in the Middle East and the largest lender in MENA by assets. (Wikipedia)
April 28th, 2016 - 11:00 GMT

Qatar National Bank launches probe into alleged data leak

Kuwait has announced plans to lay off 'unnecessary' expat employees in an effort to reduce the number of expatriates in the country. (File photo)
April 28th, 2016 - 10:00 GMT

Kuwait hikes expats' electricity and water charges

Dubai's real estate developers are expected to continue seeing robust revenues despite the challenges.  (Realestatedubaiproperty.com)
April 28th, 2016 - 09:00 GMT

No signs of improvement for UAE's realty sector: S&P

The Dubai Forum was hoped to be a chance for the ministry to woo tourist companies back to Egypt after the slump in touristic trade Egypt has suffered from in the last few years.  (File photo)
April 28th, 2016 - 08:00 GMT

Major German tour operator suspends Egypt trips due to 'arrogance of Egypt's tourism minister'

Dubai's 'Museum of the Future' will be built in 2017 using 3D printing construction techniques. (3D print)
April 28th, 2016 - 07:00 GMT

Dubai: A quarter of buildings will 3D printed by 2030

Saudi Aramco plans to sell less than 5 percent of the company via an initial public offering. (File photo)
April 28th, 2016 - 06:00 GMT

Saudi Aramco outlines financial plan to become 'a global industrial conglomerate'

THAAD, or Terminal High Altitude Area Defense is an anti-ballistic missile system designed to shoot down ballistic missiles using kinetic energy. (Defensetalk.net)
April 28th, 2016 - 04:52 GMT

Qatar's budgetary pressures may delay $6B Lockheed missile deal

Internet speed is faster in Syria than in Lebanon. (Shutterstock)
April 27th, 2016 - 11:45 GMT

Who's fast and who's last? MENA's internet speed rankings

The disparity in bonuses and benefits being paid to various employees, created discrimination and dissatisfaction among employees. (File photo)
April 27th, 2016 - 10:00 GMT

Oman cracks down on 'disparate' public sector employee perks

France’s 2003 Lellouche law has been applied to punish Boycott, Divestment, Sanctions (BDS) activists for seeking to damage Israel’s economy. (Twitter)
April 27th, 2016 - 09:00 GMT

Credit Mutuel bank caught in the crossfire of transatlantic BDS laws

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