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Iran $300 Billion
June 16th, 2026 - 10:08 GMT
P. Choiaqo

P. Choiaqo

Trump slams $300 billion payment to Iran as ‘fake news’

ALBAWABA - The $300 billion figure has been circulating recently in relation to a potential payment to Iran as part of a peace agreement, with U.S. President Donald Trump rejecting the notion as ‘fake news’. "The story that the US is paying Iran 300 million dollars is fake news," Trump said in a post. While he cited 300 'million, not billion', it seems unclear whether this is the same sum ...
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Dubai stocks have indeed become some of the most highly valued equities in the world, but  correction from these heights is only to be expected.
June 11th, 2014 - 01:08 GMT

Dubai's stocks tumbling on central bank's bubble warning and imminent 'Ramadan effect'

Emirates was among the first buyers for the A350 rival model to Boeing’s 787 Dreamliner when it placed the order for 50 A350-900 and 20 A350-1000 jets in 2007.
June 11th, 2014 - 11:45 GMT

Ouch: Emirates cancels 70 airbus orders all at once

Al Bawaba
June 11th, 2014 - 11:33 GMT

Partners against crime: UAE, US sign innovative agreement on tax evasion

The expansion in GDP was 4 percent for the entire 2013.
June 11th, 2014 - 11:21 GMT

What crisis? Turkey's economy still expanding

Local authorities in Indonesia, Laos, Philippines and Vietnam announced over 1.6 billion dollars’ worth of investment projects, according to a conference press release.
June 11th, 2014 - 03:55 GMT

Saudi Arabia to build the world's largest desalination plant

Iran plans to boost annual petrochemical output to 180 million tons from around 60 million tons currently.
June 11th, 2014 - 03:55 GMT

Cheating sanctions? China to use Iran's frozen billions to build it a petrochemical plant

Hilton Worldwide Middle East & Africa recently introduced two of its brands to the region including Hilton Garden Inn and Double Tree Hotel.
June 10th, 2014 - 11:54 GMT

Following the spenders? Hilton to develop its largest resort in the Middle East

Former army chief Abdel Fattah Al-Sisi was sworn in on Sunday, vowing to fix the economy and emphasising a need for hard work by all.
June 10th, 2014 - 11:04 GMT

Anything for an agriculutral revival: Sisi to destroy illegal buidlings across the Nile

Al Bawaba
June 10th, 2014 - 10:09 GMT

What bubble? Dubai real estate transactions cross the $27 billion mark

The state-backed firm has confirmed plans to ensure that 7,000 taxis are on the roads before the world football tournament gets underway in Qatar.
June 10th, 2014 - 09:32 GMT

Someone should tell them not to hold their breaths? Qatar's taxis doubling their operations in anticipation for 2022 World Cup

Saif says it contributes to 12 per cent of the total national income and provides job opportunities for 10 per cent of the Kingdom’s workforce.
June 10th, 2014 - 08:44 GMT

Long overdue: Jordan allocates $850 million to transport projects

The Gulf state is also revising subsidies on electricity, water and petrol, currently sold at well below cost.
June 10th, 2014 - 08:34 GMT

Here comes the avalanche: Kuwait ends diesel subsidies over deficit fears

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