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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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Abu Dhabi is building the region's first Green Road to Dubai in 2014 (File Archive)
January 1st, 2014 - 06:00 GMT

2014 to be year of "green" construction in UAE

Egypt's annual inflation rate increased to 12.9 percent in November (File Archive)
January 1st, 2014 - 05:00 GMT

What Egypt's 9 percent pound value plummet in 2013 means for 2014

The airline received 24 new aircraft in 2013 as well ordered 200 new planes including 150 Boeing 777Xs and 50 A380s valued at $99 billion (Dh363.57 billion) at the Dubai Airshow in November
January 1st, 2014 - 03:55 GMT

Around the world 18,000 times over: Emirates airlines makes record voyages in 2013

Saudi Arabia’s oil exports hit 2.66 billion barrels in 2013.
December 31st, 2013 - 06:48 GMT

An upcoming trend or an exception? Only 2014 will tell. Saudi Arabia's oil exports hit $50 billion in 2013

The world’s second busiest international hub recorded another month of high growth in November by handling 9.5 per cent more passengers to cross six million passenger mark, says a report issued by Dubai Airports.
December 31st, 2013 - 06:23 GMT

Slam dunk! Dubai ends the year with another economic milestone, surpassing even its own projections

“And, with low inflation pressures, there is still some downside risk for gold as long as the stock market remain relatively robust.”
December 31st, 2013 - 05:16 GMT

Gold prices celebrate the new year with biggest annual loss in 32 years

Tentative plans for the terminal at Ras Al Hadd Airport in Oman (Courtesy of Construction Week Online)
December 31st, 2013 - 11:50 GMT

High-flying? Not so much in Oman after airport construction plans cancelled

Jaguar unveiled its C-X17 Sports Crossover Concept at the Dubai International Motor Show 2013 (Courtesy of Automobiles Review)
December 31st, 2013 - 11:00 GMT

Forget 2014! Get ready for 2015 Jaguar production premier in Middle East

Dubai's 2014 Shopping Festival will run until Feb. 2 (Courtesy of Dubai Shopping Festival 2014)
December 31st, 2013 - 09:42 GMT

Get your wallet ready! Dubai's 19th Shopping Festival starts Thursday

In the fourth quarter, the UAE market will experience a year-on-year growth of more than 81 per cent to 396,677 units. (Image credit: Shutterstock)
December 31st, 2013 - 08:08 GMT

UAE Tablet market to grow 16% in 2014; iOS not the big winner

Analysys believe that over the long-run Saudization will be a positive for the retail sector. (Image credit: Shutterstock)
December 31st, 2013 - 06:43 GMT

Deporting migrant workers to impact Saudi retail sector

The expansion has been above all driven by substantial gains in the oil and gas sector where output levels rebounded to capacity after technical disruptions.
December 31st, 2013 - 03:55 GMT

Arab Spring gone with the wind? Bahrain's economy to record robust growth

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