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Iran offers "Huge Commercial Opportunity" to US in bid to secure nuclear deal
February 27th, 2026 - 08:43 GMT
Osama Ali

Osama Ali

Iran offers "Huge Commercial Opportunity" to US in bid to secure nuclear deal

ALBAWABA - According to reports, Iran is trying to reach a new agreement with the United States about its nuclear program and avoid a possible military escalation by giving big financial incentives to U.S. companies. The Financial Times says that Tehran has talked about the possibility of letting American companies invest in its huge oil and gas supplies, as well as its mining and important mineral industries. A person who ...
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The Kingdom, the world’s largest crude exporter, shipped 7.54 million barrels a day on average last year, up from 7.41 million barrels a day in 2012.
February 20th, 2014 - 07:33 GMT

Wait until Iran joins in: Saudi oil production hits 12 year high

To cope with the increasing number of visitors, the Saudi government has outlined a plan to invest more than $30 billion in its airports by 2020.
February 20th, 2014 - 05:16 GMT

A worthwhile endeavour? Saudi Arabia to inject the equivalent of a whole country's GDP into its tourism sector

Al Bawaba
February 20th, 2014 - 08:09 GMT

Another (expensive) milestone for Mark: Facebook to acquire WhatsApp

The expansion plan is also estimated to create 500 new jobs
February 20th, 2014 - 03:55 GMT

Jordan's Phosphate Company to get $1.55 billion make-over

Al Bawaba
February 20th, 2014 - 03:55 GMT

Sharing the passion! Dubai's Mashreq releases World Cup themed Visa cards

Al Bawaba
February 20th, 2014 - 03:55 GMT

It's not all glamour: Dubai to roll over maturing $10 billion debt it still owes from crisis days

Malaysia was followed by the UAE, Turkey, Indonesia and Saudi Arabia in this year’s rankings for halal-friendly holiday destinations.
February 19th, 2014 - 05:25 GMT

Who said 'fun' and 'halal' don't go together? UAE, Saudi Arabia rank among top 'halal holiday' destinations

"This is an equitable outcome for all parties," said BAE Systems chief executive Ian King.
February 19th, 2014 - 05:00 GMT

Anything to maintain the long-standing 'cooperation': UK, Saudi Arabia reach price deal on Eurofighter jets

The ministry has offered 40000 feddan (16.800 hectares) to investors by the end of February with 20 percent (8000 feddan) allocated to locals in a closed bid.
February 19th, 2014 - 11:47 GMT

Planting the seeds of harmony? After much dispute, Egypt allots Sinai locals agricultural land

The ministry documented over 8,600 different violations in all companies visited by its inspectors
February 19th, 2014 - 08:36 GMT

Saudi labor ministry records 13,000 post-amnesty violations

Al Bawaba
February 19th, 2014 - 08:25 GMT

Jordan's tourism lure put to the test in 2013

The rental gap between properties location ‘off-island’ and those in ‘on-island’ locations remained firmly intact
February 19th, 2014 - 08:02 GMT

It's contagious! Abu Dhabi residential rents record substantial increase

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