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Qatar Petroleum CEO Saad Al-Kaabi
March 6th, 2026 - 01:32 GMT
Osama Ali

Osama Ali

Qatar's energy minister warns world economy may face collapse within weeks

ALBAWABA - Saad Al-Kaabi, Qatar's Energy Minister, said that the current conflict in the Middle East could mess up energy markets around the world and could force Gulf producers to stop exporting energy within weeks. Al-Kaabi told the Financial Times that the situation in the region was getting worse, which could make oil prices go as high as $150 per barrel if energy supply and shipping routes are still in ...
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Kul Sharif Mosque in Kazan, Tatarstan, one of the largest mosques in Russia. (Shutterstock)
February 28th, 2016 - 12:09 GMT

Islamic finance set to grow in Russia with new hub in Tatarstan

Egypt has directed a large part of its attention to Egyptians abroad after the 25 January Revolution in 2011. (Twitter)
February 28th, 2016 - 11:00 GMT

Egypt: Are expat remittances the key to solving the foreign currency crisis?

Only 36 countries have ever convicted someone for terrorism financing and only 40 have used targeted financial sanctions, according to the FATF executive secretary. (Twitter)
February 28th, 2016 - 10:00 GMT

Loopholes in fight against terror funding require intensified efforts: G20

Al Bawaba
February 28th, 2016 - 08:39 GMT

Fight in the skies: GCC price war over airfares

The debt maturity profile of the region is expected to rise until 2020. (File photo)
February 28th, 2016 - 07:00 GMT

The depths of debt: GCC must repay $94B in bonds and loans by 2017

London City Airport is the closest air hub to the financial capital of Europe. (Wikimedia Commons)
February 28th, 2016 - 06:17 GMT

Kuwaiti-Canadian group partners with American fund to acquire London City Airport


The Paris Court of Appeal directed Total to pay a €750,000 [$826,000] fine. Vitol also received a €300,000 fine. (VK)
February 28th, 2016 - 05:52 GMT

Total, 13 companies hit with $826M fine over Iraq Oil for Food corruption scandal

THe S&P downgrade coincided with Bahrain launching a $750 million, two-part bond reopening. (Shutterstock)
February 25th, 2016 - 01:00 GMT

Bahrain denounces 'unwarranted' ratings downgrade

At least 75 percent of those surveyed were unaware of their health condition due to lack of regular health checks. (File photo)
February 25th, 2016 - 11:00 GMT

Occupational hazards: Migrant workers in UAE vulnerable to lifestyle diseases

The UAE will re-think its internal rail network if the GCC-wide deadline is deferred according to the UAE minister for infrastructure. (File photo)
February 25th, 2016 - 10:00 GMT

GCC rail: 2018 deadline is unfeasible

Hotels in Cairo, Madina, Muscat and Ras Al Khaimah reported increased occupancy rates in 2015. (Hotels.com)
February 25th, 2016 - 09:00 GMT

Challenging forecast for MENA hoteliers sparks renewed interest in mid-budget investments

Aircraft leasing, fuel, staff, ground handling and other expenses must be paid in dollars. (Air Cargo News)
February 25th, 2016 - 08:00 GMT

Air France-KLM urge release of $13M blocked in Egypt

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