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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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Al Bawaba
December 5th, 2013 - 03:55 GMT

Mission (im)possible? Libya aiming to restore oil output in two weeks

Al-Sabah asserted that the Kuwait Investment Authority would form partnerships with Egyptian organisations to aid in implementing projects and invest in joint ventures with the country, which the Kuwait Fund for Arab Economic Development would finance.
December 5th, 2013 - 03:55 GMT

Kuwait boasting that it's ready to boost Egypt's economy

In a statement on Tuesday, the Berlin-based organization said that the annual report represents a warning against the abuse of power, secret deals and bribes which are ongoing problems that ruin societies across the world.
December 4th, 2013 - 12:39 GMT

Where do the Arab Spring contenders lie on the corruption barometer?

Damac Properties was established in 2002, as a private, residential, leisure and commercial developer in Dubai. (Image credit: Shutterstock)
December 4th, 2013 - 12:23 GMT

DAMAC misses goal set at London share sale

Qatar, Indonesia, Saudi Arabia, Malaysia UAE and Turkey represent 78 percent of the international Islamic banking assets with commercial banks (File Archive)
December 4th, 2013 - 11:59 GMT

Islamic banking booming globally, assets to reach $1.72 trillion by end of year

Approximately 60-70 percent of the Saudi population does not participate in the labor force at all (Reuters)
December 4th, 2013 - 08:45 GMT

No work, all play: Will expanding private sector solve Saudi's unemployed youth problem?

Isolux Corsan will work on installing the cable lines in three distinct stages (Shutterstock)
December 4th, 2013 - 08:12 GMT

Spanish invasion: Madrid company wins $105 million Kuwait cable deal

Iran's Oil Minister Bijan Zanganeh said that Tehran has "no technical difficulties to expand our exports and to return to four millions barrels a day" once political obstacles, referring to sanctions, are lifted (Courtesy of Press TV)
December 4th, 2013 - 06:59 GMT

Iran gears up for OPEC meeting, says Tehran to "immediately" increase exports

Real estate auctions have taken the leap to the online world. (Image credit: Shutterstock)
December 4th, 2013 - 06:00 GMT

Toss those check books and bid online for Dubai's hottest properties

The centre significantly enhances Sabic’s R&D footprint in Asia, building on the existing infrastructure of its application centers – one in Moka, Japan, and the other in Sungnam, South Korea.
December 4th, 2013 - 03:55 GMT

Sabic opens $100m R&D centre in China

Passengers in all cabins have access to WiFi, 1,500 channels of in-flight entertainment and gourmet-chef prepared meals, served by highly trained multi-lingual cabin crew.
December 4th, 2013 - 03:55 GMT

All set with wifi and 400 hours of movies, Emirates Airlines launches longest flight in the world

Shoppers from the Middle East spent a total of $9 billion through eCommerce in 2012 alone (Shutterstock)
December 3rd, 2013 - 03:57 GMT

Shop til' you drop: Middle East projected to be next eCommerce "hot spot"

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