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Iran $300 Billion

June 16th, 2026 - 10:08 GMT

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 ...

The 17-member Gas Exporting Countries Forum (GECF) may see more countries joining it with many Asian, Latin American and African countries expressing interest.

January 21st, 2014 - 03:55 GMT

Prospects on conventional gas declared as 'bright' in leading forum

The banks say that at foreign institutional investors, especially in Europe, investment committees decide on investments, and that human rights is one of the considerations about an investment in a particular share

January 20th, 2014 - 10:38 GMT

The impending avalanche? More European funds mull boycotting Israel

The 60-square-km archipelago, comprising over 200 islands laid out in the shape of a world map, was created from millions of tonnes of sand and rock

January 20th, 2014 - 10:08 GMT

First they thought they could outdo mother nature, now they're after history: Dubai building 'heart of europe' on fake island

“The ministry has a zero-tolerance policy towards the import and sale of Israeli products and if there are Israeli potatoes in the stores, there will be stringent action against those involved,” the sources said.

January 20th, 2014 - 09:01 GMT

Kuwait going after Israeli potatoes

The Renault Fluence is the number one selling European model in Saudi Arabia (Courtesy of UK Motoring)

January 20th, 2014 - 10:38 GMT

One bright green light for Renault autos with 19 percent sale increase in GCC

The first Saudi Arabia-based IHOP opened in Jeddah this week (Shutterstock)

January 20th, 2014 - 08:51 GMT

U.S. Pancake chain is passing the syrup-and new branches-to Saudi Arabia!

Qatar’s tight rental market has made it the most expensive country to live in the GCC, Arabian Business comprehensive analysis on the cost of living in the region reported.

January 20th, 2014 - 03:55 GMT

And you thought Dubai was bad, Qatar most expensive Gulf city for expats

The debts of BP to Iran has not published officially yet, but Shell said in March 2013 that it has $2.3 billion debts to Tehran.

January 20th, 2014 - 03:55 GMT

Iran is totally ready to make things official with British oil giants

But the subsidy reductions could hurt the fragile economy, which is heavily reliant on tourism, agriculture and remittances from Moroccans living abroad.

January 20th, 2014 - 03:55 GMT

And the IMF does it again: Morocco makes final blow to oil and gas subsidies

Supreme organising committee chairman Shaikh Abdulla bin Hamad Al Khalifa said he was amazed how successful the event had been.

January 19th, 2014 - 11:01 GMT

Bahrain's airshow surpasses $3 billion mark

Dubai is ranked first in the region for its hospitality industry (Shutterstock)

January 19th, 2014 - 10:37 GMT

This Gulf city is leading the Middle East in hospitality

Bahrain's King Hamad made the announcement this week about the proposed establishment of the Space Research Agency (Courtesy of Trade Arabia)

January 19th, 2014 - 09:54 GMT

Bahrain investing in out-of-this-world technology