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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 combined wealth of the ten richest Arabs in the UK exceeded $17.5, according to an annual ranking by the Sunday Times conducted in April.
December 30th, 2013 - 04:58 GMT

Other than Dubai's Expo 2020 win, what were the Middle East's top business breakthroughs in 2013?

During the meeting, the board referred to KHC and Prince Alwaleed’s combined investment in Twitter that has increased from $300 million to around $1.2 billion since Twitter’s IPO in November 2013.
December 30th, 2013 - 04:29 GMT

Worthy of a retweet? Prince AlWaleed's twitter shares rocket from $300 million to 1.2 billion!

Pfizer will open new factories in KSA ready for production by 2015 (Courtesy of Business Week)
December 30th, 2013 - 12:38 GMT

Saudi's got a new chill "pill": Global reknown drug company setting up shop in Kingdom

Dubai Duty Free is one of the most profitable in the world (Courtesy of Emirates 24/7)
December 30th, 2013 - 12:11 GMT

One heavy duty-free year planned for Dubai, sales to pass $2 billion in 2014

Fast Link will establish its telecom regional headquarters in Bahrain in 2014 (File Archive/Shutterstock)
December 30th, 2013 - 11:56 GMT

New Telecom company opening in this Gulf country

Hotel occupancy in Abu Dhabi is expected to increase 2014. (Image credit: Shutterstock)
December 30th, 2013 - 08:03 GMT

Events and Etihad drive Abu Dhabi hotel occupancy to record highs

Rail will drive an ambitious infrastructure development program in the GCC. (Image credit: Shutterstock)
December 30th, 2013 - 07:43 GMT

Saudi Arabia rail spending to reach $70 billion in the next ten years

In light of the repatriation of hundreds of Filipinos ahead of Christmas, Philippine Ambassador Ezzedin Tago expressed gratitude to King Abdullah and the Saudi Arabian government.
December 30th, 2013 - 03:55 GMT

Heart warming: Saudi Arabia made sure deported Filipinos got sent home before Christmas

BlackBerry decided to pull the update after users reported loading issues and crashes.
December 30th, 2013 - 03:55 GMT

Another mishap: BlackBerry withdraws Twitter app update

The KhalifaSat will be the third after DubaiSat1 and DubaiSat2, which have been built in Seoul, under a knowledge-sharing arrangement with the South Korean company Satrec.
December 30th, 2013 - 03:55 GMT

The first UAE-made satellite, KhalifaSat, to be launched into space in 2017

The association aims to provide investment opportunities for Saudi investors in Egypt and to resolve the obstacles facing foreign investment, Secretary General of the association Ahmed Darwish said in the statement.
December 29th, 2013 - 02:36 GMT

With Qatar out of the picture, Egypt and Saudi Arabia will be taking their relationship to the next level tomorrow

The Saudi retail sector index jumped over 50 percent in the first nine months of 2013 (Shutterstock)
December 29th, 2013 - 02:09 GMT

Saudi shoppers keep KSA's retail market revenues rising

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