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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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Artist's impression of Nakheel's $280M Palm Gateway Towers. (Nakheel)
February 25th, 2016 - 07:15 GMT

Dubai construction projects underway valued at $390B

The recall follows the discovery of a piece of red plastic in one of Snickers bar purchased in Germany.  (Shutterstock/Ekaterina Minaeva)
February 25th, 2016 - 07:00 GMT

Calorie control: Mars Gulf recalls chocolates, Jordan authorities seize stock

In 2015, remittances from the GCC fell by 27 percent to reach $4.5 billion. (Twitter)
February 25th, 2016 - 06:00 GMT

Gulf expulsions threaten Lebanese remittances

The new offer follows the cancellation of a $750m sale last week. (File photo)
February 25th, 2016 - 05:00 GMT

Bahrain launches $600M bond sale despite junk status rating

The challenge is to translate the donor pledges from the London conference into facts on the ground. Zaatari refugee camp, Jordan. (Wikipedia)
February 24th, 2016 - 01:00 GMT

Jordan needs more than assistance for refugees, it needs investments: UN

A Palestinian boy plays in the ruins of a building that was destroyed in the 2014 war between Israel and Hamas militants, in Gaza City, on February 16, 2016. (AFP/Mohamed Abed)
February 24th, 2016 - 12:00 GMT

Gaza's economic crisis threatens security: Israeli Military Intelligence Chief

Ousta is a word of Turkish origin, meaning mister. It was used to refer to skilled and professional people in their fields. (Cairosh)
February 24th, 2016 - 11:00 GMT

Egypt: Ousta to take on Uber and Careem with app-based car service

Forty percent of cruise operators cancelled lucrative port calls in Turkey following the January 12 bombing in Istanbul. (Shutterstock/Resul Muslu)
February 24th, 2016 - 10:00 GMT

Turkey injects $86.5M into ailing tourism industry

The Kingdom has announced plans to privatize by 2020 all 27 of the airports currently run by GACA. (File photo)
February 24th, 2016 - 09:00 GMT

Luck of the Irish: Dublin Airport firm wins bid to operate Riyadh terminal

As importers sought foreign currency from a growing black market, pressuring the value of the pound, the central bank has taken measures to control the market. (File photo)
February 24th, 2016 - 08:00 GMT

Egypt's Central Bank eases restrictions on import requirements

Iranian Oil Minister Bijan Namdar Zanganeh speaks at a press conference in the capital Tehran. (AFP/File)
February 24th, 2016 - 07:00 GMT

Iran says assumption that they would freeze oil production is 'a joke'

Al Bawaba
February 24th, 2016 - 06:00 GMT

Lebanese banks removed from financial watchdog list

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