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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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International rating agency Standard & Poor’s has raised its outlook for Lebanon-based Bank Audi, BankMed and BLOM Bank to stable from negative, just a week after upgrading the outlook of Lebanon from negative to stable.
April 21st, 2014 - 09:47 GMT

First the economy, now the banks: S&P raises Lebanon's outlook from negative to stable

“At the forefront of these projects came the multi-billion dollar clean fuel project, the new Al Zour refinery, the fifth natural gas plant and the construction of new liquefied natural gas import facilities,”
April 21st, 2014 - 09:38 GMT

Kuwait's KNPC to invest $35 billion in transforming the country's oil industry

Saudi Arabia plans to invest $109 billion to produce 41 gigawatts (GW) of solar energy by 2032, which is almost 30 percent of its total energy requirement by that time
April 21st, 2014 - 07:53 GMT

A sign of rationality or desperation? Saudi Arabia is about to spend the equivalent of one fifth of its GDP to become world's largest solar energy producer

Qatar also came under fire by the international human rights community after reports of migrant workers being ill-treated in the country
April 21st, 2014 - 07:37 GMT

Corruption, migrant worker deaths, weather problems, and now this: Qatar reduces number of World Cup stadiums by one third

The country's GDP in 2013 was $202.38 billion, according to government data (File Archive)
April 21st, 2014 - 11:00 GMT

Figure this: Qatar GDP to reach record 12 figure number by year's end

A total of 2.25 million passengers used Sharjah Airport from January to March 2014 (File Archive/Shutterstock)
April 21st, 2014 - 09:00 GMT

Sharjah airport soars to record level of passenger traffic

Al Bawaba
April 21st, 2014 - 07:00 GMT

Egypt: Thank God for Easter! Tourism brings in thousands for holiday weekend

 
By holding 157 billion barrels of recoverable crude oil reserves, Iran possesses the world’s fourth largest reserves of crude oil.
April 21st, 2014 - 02:55 GMT

No wonder someone's freaking out: Iran oil output hits 2.9 million bpd, projected to double

The National Insurance Consortium will provide “construction all risks” and “third-party liability” insurance to Phase 1 of Doha Metro Project.
April 21st, 2014 - 02:55 GMT

Qatar Rail offers "largest-ever" insurance contract

GCC governments are targeting greater diversification so that the non-oil private sector starts to play a more significant role in supporting the economy, according to the Q1 review.
April 21st, 2014 - 02:55 GMT

4 is the lucky number? GCC economies projected to grow 4.4% in '14

Al Bawaba
April 20th, 2014 - 12:00 GMT

"Old" School: Singapore to train 3,000 Saudi school principals

Al Bawaba
April 20th, 2014 - 10:00 GMT

Finally, a solution for the Kingdom's economy? Tourism revenues on the rise in Jordan

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