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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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Due to oversupply around the world and low global demand, crude oil prices began falling in June 2014 from $115 per barrel.  (File photo)
April 27th, 2016 - 08:00 GMT

Hope on the horizon as World Bank forecasts oil price rise to $41 a barrel

Jordan's Finance Minister warned that the forecast for economic growth is around 2.7 per cent this year, which is below the 3.5 per cent forecast in the state budget. (Flickr/Andrew E Larsen)
April 27th, 2016 - 07:00 GMT

Jordan to renegotiate IMF loan in May, new reforms will make it 'a tough year'

The Qatar Airways chief claims the delay in taking delivery of the A320neos has hurt the airlines growth by more than 5 per cent. (Twitter)
April 27th, 2016 - 06:00 GMT

Qatar Airways may scrap $6.4B Airbus order over engine cooling issues

A number of agreements will be signed during the forum to increase investment and trade volume between the two countries. (Egyptian Presidency)
April 27th, 2016 - 05:03 GMT

Bahrain, Egypt sign 11 MoUs during King Hamad's visit to Cairo

The 63-storey hotel was evacuated during the fire, which was caused by an electrical short circuit. (File photo)
April 27th, 2016 - 04:41 GMT

UAE: Emaar Hospitality announces expansion, delays fire-ravaged Address hotel opening

Vision 2030's emphasis on privatization of state assets is designed to help wean the economy away from oil dependency. (File photo)
April 26th, 2016 - 01:00 GMT

Saudi Vision 2030: A breakdown of the sweeping reforms

The railway will begin from Kuwait City and will pass through Dammam via Bahrain and  Qatar through Salwa border point.  (Shutterstock)
April 26th, 2016 - 12:00 GMT

Pan-GCC rail will create more than 80,000 jobs

The IMF has encouraged steps to lift subsidies and tighten public sector spending. (AFP/File)
April 26th, 2016 - 11:00 GMT

IMF encouraged by Saudi reforms but warns of up to $540B in losses over low oil

Qatar plans to announce five new routes this year. (Twitter)
April 26th, 2016 - 10:00 GMT

Qatar Airways treading carefully on Saudi's Al Maha, Italy's Meridiana deals

An official from the Jeddah Chamber of Commerce and Industry Telecommunication and Information Technology Committee suggested a gradual system of training Saudi employees to replace expatriates. (Qudrat.com.pk)
April 26th, 2016 - 09:00 GMT

Abrupt Saudization of mobile industry impractical and may backfire: experts

The gap in estimate means a NIS 100 billion reduction in revenue from gas sales and a reduction of more than NIS 50 billion in state revenues from taxation. (File photo)
April 26th, 2016 - 07:00 GMT

Dutch report cuts Leviathan gas estimates

Bloomberg reported a meeting between officials from Iran’s Qeshm Free Trade Zone and Bombardier on a project to set up an airline in the southern Qeshm island. (Omnifeed)
April 26th, 2016 - 06:06 GMT

Canada's Bombardier talks with Iran spark rumors of new airline launch

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