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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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By the end of the current fiscal year the amount spent on subsidies will reach approximately EGP 135bn ($19 billion).
May 18th, 2014 - 11:53 GMT

Egypt puts a price tag on this year's energy subsidies

Al Bawaba
May 18th, 2014 - 11:40 GMT

Ethiopia committed to "genuine negotiations" with Egypt over dam debacle

With regard to imports, China is the top trading partner of Dubai dealing in trade worth Dh130 billion ($35 billion), he added.
May 18th, 2014 - 11:26 GMT

From high to higher: Dubai China trade grows 18%, stands at $36 billion

The project will bring on stream 26 wells from four fields in the Reggane basin, the company said.
May 18th, 2014 - 11:31 GMT

The hidden oil giant: British Petrofac awarded $970 million oil contract in Algeria

Al Bawaba
May 18th, 2014 - 10:48 GMT

A shift away from modern day slavery? More impending labour reforms for Qatari migrant workers

In addition to trade in oil and gas, the Netherlands exports a wide range of products and technology in the agriculture, machinery, chemical and petrochemical sectors in Saudi Arabia
May 18th, 2014 - 02:55 GMT

Saudi Arabia is mulling trade sanctions against the Netherlands, and Geert Wilders might have something to do with it

Al Bawaba
May 18th, 2014 - 02:55 GMT

Pulling a Toyota? Hyundai to recall 140,000 Tucsons

The project will have production capacity of 16 million tonnes a year.
May 18th, 2014 - 02:55 GMT

Replacing oil with minerals: Saudi Ma'aden has $1.5 billion worth of ambitions up its sleeve

Al Bawaba
May 18th, 2014 - 02:55 GMT

$1.6 billion and years later: the date for Kingdom Tower's dethroning of Burj Khalifa announced

The Iraqi government has repeatedly said oil sales by-passing Baghdad are illegal and has threatened to sue any company involved in the trade
May 16th, 2014 - 12:36 GMT

Too far? US, Israel are allegedly importing 'illegal' oil from Kurdistan

While overall unemployment experienced a slight increase, the seasonally adjusted unemployment rate decreased slightly to 9.1 percent, down from 9.2 percent in January.
May 16th, 2014 - 12:07 GMT

The realities of the economic 'miracle': Turkey's unemployment rate above 10%

Bank of Israel officials told "Globes" last week that the strong shekel was a direct consequence of the dollar's weakness on international markets, and drew attention to the dollar-euro exchange rate.
May 15th, 2014 - 11:44 GMT

An economic 'emergency'? Israel's high-tech exports down by one third

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