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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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More IPOs are expected to come in MENA based on the activity which occurred in the first half of the year. (Image credit: Shutterstock)
December 8th, 2013 - 06:30 GMT

Report: IPO activity in MENA is set to take off

The forum resulted in Gulf investors committing to launch a total of 66 new projects in Egypt, according to state news agency MENA.
December 8th, 2013 - 03:55 GMT

Crossing a fine line between optimism and delusion? 'Arab investments in Egypt reach $50 billion'-says Minister

Iranian Oil Minister Bijan Zanganeh named the seven in order: Total of France, Royal Dutch Shell, Italy's ENI, Norway's Statoil, Britain's BP and US companies Exxon Mobil and ConocoPhillips .
December 8th, 2013 - 03:55 GMT

Candid wishlist: Iran is not so subtle when it comes to the oil clients it wants back

The Lower House Financial Committee will request the government to downsize the 2014 state budget draft law, head of the committee said Saturday.
December 8th, 2013 - 03:55 GMT

Jordan's government to be asked to trim down for the new year

Energy ministers from Opec countries agreed yesterday to keep the group’s target for crude output unchanged at 30mn bpd.
December 5th, 2013 - 02:56 GMT

Nothing exciting about the new oil production rate set by OPEC

 He described the agreement as an opportunity to learn more about Egypt’s numerous promising industries and sectors that may benefit from the joint venture.
December 5th, 2013 - 01:29 GMT

Abu Dhabi's Khalifa fund interested in Egypt's small businesses

UAE wants 1% of its total energy production to come from solar power by 2020 (Courtesy of the Arabian Gazette)
December 5th, 2013 - 12:49 GMT

As Dubai powers up for 2020 World Expo, energy consumption expected to increase 20%

Yemen became a member of the WTO Wednesday (Achmad Ibrahim/AP)
December 5th, 2013 - 12:19 GMT

A blessing or a curse for the struggling economy? Thirteen years later, Yemen joins the WTO

Qatar foreign workers are more frequently using unofficial, off-the-record methods to send money home according to a World Bank report (File Archive)
December 5th, 2013 - 12:02 GMT

Remittance retract in Qatar, or is it? Government says $200 million gap in homeward bound funds

UAE's Minister of Economy called on the WTO to accelerate the membership process for developing countries interested in joining the global trade group (File Archive)
December 5th, 2013 - 09:53 GMT

UAE calls for "balanced deal" at WTO meeting as divisions grow among delegations

Global freight tonne kilometres were up 4.0% in October year-on-year, a rebound from the 0.3% contraction in September. (Image credit: Shutterstock)
December 5th, 2013 - 07:08 GMT

Reversing downward trend, Middle East carriers set record freight growth

The secretary-general of the Kuwaiti liaison commission for environmental rehabilitation, said that the Kuwaiti compensation claims, according to UN resolution 258, cover six restoration ventures.
December 5th, 2013 - 03:55 GMT

A totally green economy otherwise? Kuwait to receive $744 million in compensation for environmental damage caused by 1990 Iraqi invasion

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