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UAE
March 2nd, 2026 - 10:44 GMT
Al Bawaba Staff

Al Bawaba Staff

UAE's Amazon AWS data center catches fire, linked to Iranian strikes

ALBAWABA - Amazon Web Services (AWS) recently confirmed that its services in the UAE are experiencing power and connectivity issues due to the Iranian strikes on several parts of the country, including residential areas, ports, and airports. As conflict in the Gulf escalates due to US-Israel tensions with Iran, AWS reported that a data center in the UAE was affected by the ongoing attacks on Monday, as reported by PC ...
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Lower oil prices are expected to feed through into reduced economic growth in the Gulf Arab state this year.
February 17th, 2015 - 08:38 GMT

Crunch time: UAE banks' profit growth may fall this year

Al Bawaba
February 17th, 2015 - 12:44 GMT

US-Israeli oil drilling commences in Golan Heights

The study reveals that geopolitical events also intensified the migration of new wealth to the region.
February 17th, 2015 - 11:12 GMT

What oil price slump? GCC's private wealth doubles to $2.2 trillion

Al Bawaba
February 17th, 2015 - 04:55 GMT

Unabated: Gulf countries completed $67.6 billion worth of construction projects in 2014

In return, Baghdad would reinstate budget payments to the Kurds, which it had cut early in 2014 as punishment for the region's moves to export oil independently.
February 17th, 2015 - 04:55 GMT

Nothing's permanent, yet: Iraq, Kurdistan final oil deal delayed

Al Bawaba
February 16th, 2015 - 06:40 GMT

Taking their time: GCC countries still in discussions on VAT

The price the Dewa managed to get for phase two of the Mohammed bin Rashid Al Maktoum Solar Park has set a new world record in photovoltaic power projects.
February 16th, 2015 - 06:27 GMT

UAE stocks jump on 'stronger' crude

Around 3,500 investors and financial institutions from 120 countries are expected to participate in the conference.CFH will promote four projects in the fields of transportation, real estate development, tourism, petrochemical and industry during the conference.
February 16th, 2015 - 06:21 GMT

Financing grand aspirations: three major investment banks take on Egypt's development projects ahead of Economic Summit

Al Bawaba
February 16th, 2015 - 08:49 GMT

The glut persists: oil prices dip once again after 'firm start'

Al Bawaba
February 16th, 2015 - 08:36 GMT

The battle for market share intensifies: Iran, Iraq fight for Asian oil buyers with monumental discounts

Al Bawaba
February 16th, 2015 - 04:35 GMT

Shouldn't it invest in itself first? Lebanon 'key' investor in Egypt

The gang, which Kaspersky dubbed Carbanak, takes the unusual approach of stealing directly from banks, rather than posing as customers to withdraw money from companies’ or individuals’ accounts.
February 16th, 2015 - 04:18 GMT

An 'unprecedented' robbery: Cybercrime gang steals $1B from banks

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