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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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Once the Al Ain Wildlife Park and Resort project is completed, it will include an expansion of the safari, an elephant sanctuary, an Arab safari, and an Asian safari. (Pixabay)
April 21st, 2016 - 11:00 GMT

UAE: World's largest man-made safari park opens in Al Ain

The prospect of a syndicated loan of up to $10 billion and a potential Eurobond sale were factored into Fitch's projections when it downgraded Saudi Arabia to AA-Negative earlier this month. (File photo)
April 21st, 2016 - 10:00 GMT

Saudi's $10B loan may have structural benefit: Fitch

Arabtec has plans to build a million homes in Egypt, but is only in the initial stage of the first 13,000. (File photo)
April 21st, 2016 - 09:00 GMT

Arabtec to cut jobs, but plans profits next year

Bloomberg will be offering more localised content and feature regional talent for its Middle East platforms. (Capital New York)
April 21st, 2016 - 08:00 GMT

Abu Dhabi Global Market announces new partnership with Bloomberg Media

The aim is for the organisation to be sustainable and continually receive funding over the long term from companies. (File photo)
April 21st, 2016 - 06:00 GMT

UAE philanthropist Abdulla Al Ghurair launches $1.1B education fund

With oil prices down by approximately 65 percent compared to their mid-2014 levels, total earnings combined at the six companies declined 34 percent in 2015. (File photo)
April 21st, 2016 - 05:00 GMT

Negative outlook for oil companies as Fitch predicts 22 percent fall in earnings

In November, Russia issued an immediate suspension of all commercial flights to and from Egypt, pending a report on the status of security procedures at Egyptian airports. (File photo)
April 21st, 2016 - 04:15 GMT

US, Russia conduct Egypt airport security review

The Secretary-General of Hezbollah Sayyed Hasan Nasrallah has denied that the party deals with any Lebanese or foreign banks. (File photo)
April 20th, 2016 - 01:00 GMT

Lebanese banks accepting Hezbollah MP's salaries will face US sanctions

Islamic finance will likely remain a moderate contributor due to the industry's small size and the issues it has yet to resolve to unlock its global potential. (File photo)
April 20th, 2016 - 11:00 GMT

Islamic finance assets estimated at $2.1T in 2015: S&P

The bill will now go to the Guardian Council, the constitutional supervisory body, for ratification before becoming law. (Wikimedia Commons)
April 20th, 2016 - 10:00 GMT

Iran's lawmakers propose $330B budget that doubles oil exports

French President Francois Hollande (C) delivers a speech as Defence Minister Jean-Yves Le Drian (C-L) watches on at the Prince Hassan French military base, some 100 kilometres from the Jordanian capital Amman on April 19, 2016. (AFP/Stephane de Sakutin)
April 20th, 2016 - 09:00 GMT

Hollande in Jordan: France aims to be top tier investor

Alabaar is also the founder and a major shareholder of Singapore-based marketer, distributor and retailer RSH, which has more than 70 international fashion and lifestyle brands and 700 outlets. (The Fashion Spot)
April 20th, 2016 - 08:00 GMT

Alabaar invests $113M in online fashion retailer Yoox Net-A-Porter

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