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Massive reward offered for missing pilots as Iranian TV urges citizens to shoot jets
April 3rd, 2026 - 03:09 GMT
Osama Ali

Osama Ali

Massive reward offered for missing pilots as Iranian TV urges citizens to shoot jets

ALBAWABA - Iranian state media has offered a cash reward for the apprehension of a U.S. pilot who was allegedly ejected over southwest Iran and has urged locals to help find him. The declaration, which was shown on state television, is indicative of growing tensions that are influencing the geopolitical and economic risk environment in the area. The pilot is reportedly said to have parachuted from a fighter plane at ...
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“We are in a rally, but at the end of the day it depends on whether it has legs and this depends on earnings.”
December 24th, 2013 - 06:28 GMT

Dubai is severely affecting Middle Eastern stock markets

The Egyptian government owes Dana Gas $330 million (File Archive)
December 24th, 2013 - 01:14 GMT

Payday for Dana Gas: Egypt gives UAE company $53 million

Saudi Arabia is the largest importer of cars in the Middle East region (File Archive)
December 24th, 2013 - 12:55 GMT

One sweet SUV: Saudi International Motor Show in Jeddah this week!

Dubai eMart allows investors, firms and customers conduct real estate transactions online (File Archive/Shutterstock)
December 24th, 2013 - 12:37 GMT

One big "house" party: Dubai's online eMart attracting hundreds of new real estate firms

Qatar Projects 2014 will focus on Infrastructure & Transport as well as Energy & Utilities (File Archive)
December 24th, 2013 - 10:21 GMT

This Gulf country is giving away $200 billion...just for construction projects!

labor market dynamics, currency fluctuations and the economic decline in Asian countries have weakened the workers’ ability to negotiate. (Image credit: Human Rights Watch)
December 24th, 2013 - 08:23 GMT

Migrant labor exploitation? Average cost of construction labor drops further in UAE.

Competition has grown steeply in the Saudi telecom sector. (Image credit: Shutterstock)
December 24th, 2013 - 07:36 GMT

The three factors that will slow down Saudi's telecom sector in 2014

Emirates Airline has finalised paperwork on its $23 billion order for 50 Airbus A380s that was announced at the Dubai Airshow last month.
December 24th, 2013 - 03:55 GMT

Emirates airlines completes paperwork for airbus shopping spree

The first hurdle will be launching direct flights that reportedly only see’s 49,000 passengers travel annually between the two countries.
December 24th, 2013 - 03:55 GMT

Drones included? Just kidding, Oman signs open skies agreement with the US!

The dissolved People’s Assembly had approved a law that would increase compensations for the families of martyrs from EGP 30,000 to EGP 100,000 before it was disbanded.
December 23rd, 2013 - 07:05 GMT

Egypt to commemorate 25 January Revolution with ration cards

Those barred from a GCC country for legal reasons or those who have already been deported would not be considered for the unified visa.
December 23rd, 2013 - 03:38 GMT

About time! GCC to go Schengen style

The sale coincides with Facebook’s inclusion in the Standard & Poor’s 500 Index, an event that triggers demand from index funds and other institutions that need to purchase the stock.
December 23rd, 2013 - 02:43 GMT

Interested in Zuckerburg's billions? Well, here's a chance

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