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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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At the start of 2014, Iraq has become one of the world’s fastest-growing emerging markets, offering huge opportunities for those fast and flexible enough to gain a foothold
February 20th, 2014 - 07:53 GMT

Grand expectations: aiming to become the world's fastest growing economy, Iraq commits to $145 billion worth of oil projects


The value of the deals was not disclosed but local media put the figure at around $4.0 billion (2.9 billion euros).
February 20th, 2014 - 07:41 GMT

The end of stinginess and lack of safety scandals? Loss-making Kuwait Airways finally orders new airplanes for first time in 20 years

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

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