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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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Kuwaiti oil workers arrive at the union headquarters in Al-Ahmadi, 35 km south of Kuwait city, on April 17, 2016. (AFP/Yasser Al-Zayyat)
April 20th, 2016 - 07:00 GMT

Kuwait’s oil and gas workers end strike

Over 1,100 people in the UAE's banking sector have lost their jobs since last year. (Emirates NBD)
April 20th, 2016 - 06:00 GMT

Emirates NBD cuts 300 jobs in latest industry cull

Iconic Warner Bros characters at Warner Bros Movie World in Australia. (Pinterest)
April 20th, 2016 - 05:00 GMT

Warner Bros World theme park to open in Abu Dhabi

Kuwaiti oil workers at the union headquarters in Al-Ahmadi, 35 km south of Kuwait city.  (AFP/File)
April 19th, 2016 - 01:00 GMT

Kuwait oil workers strike cripples 60 percent of production

French President Francois Hollande (C), flanked by Egyptian Minister of Transports Gallal al-Said (L) and Head of the National Authority of Tunnels (NAT), Ismael al-Nagdi, visits the third line of Cairo's metro which is under construction, on April 18, 2016. (AFP/Stefane de Sakutin)
April 19th, 2016 - 12:00 GMT

Egypt, France sign 18 MoUs during Hollande's visit

Expat remittances to Lebanon have been dropping since 2014, and low oil prices will continue to limit the amounts sent to Lebanon. (Argaam)
April 19th, 2016 - 11:00 GMT

Expat remittances to Lebanon will continue to fall in 2016: Economist

The contract includes the design of elevated stations, and a construction of a tunnel under the Nile. (Vinci)
April 19th, 2016 - 10:00 GMT

France's Bouygues and Vinci land $122B contract for Cairo Metro project

Airlines are likely to increase prices to offset the decline in corporate bookings. (Oman Air)
April 19th, 2016 - 09:00 GMT

Austerity weighs on corporate air travel in Oman

Melinda and Bill Gates at the World Economic Forum. (WEF)
April 19th, 2016 - 08:00 GMT

Qatar Development Fund donates $50M to Bill Gates' sharia fund

Monsoon and Accessorize were founded in London and together have more than 1,000 stores in 70 countries around the world. (Wikipedia)
April 19th, 2016 - 07:00 GMT

Majid Al Futtaim signs joint venture with Monsoon and Accessorize for Gulf expansion

The investment will capitalise on Dubai’s growing logistics market and will offer premium warehousing facilities to tenants. (Twitter)
April 19th, 2016 - 06:00 GMT

Bahrain's Arcapita acquires Dubai logistics park for $100M

Contingency plans have been put into place to operate oil installations during the strike. (AFP/Yasser Al-Zayyat)
April 19th, 2016 - 05:00 GMT

Kuwait to take legal action against striking oil workers

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