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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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Gulf Bank will jointly work with Korea Eximbank to provide financial solutions to Korean companies in Kuwait
June 10th, 2013 - 10:38 GMT

Bankers sign deal to finance Kuwaiti projects

The stock exchange's benchmark index dropped for its sixth day of declines
June 10th, 2013 - 10:37 GMT

Political unrest increases Egypt T-bill yields, investors cautious

According to prosecution records, J.B. abused her post at the Dragon Mart administration and forged the blank cheques worth more than Dh1.3 million and wrote J. T.’s name as the beneficiary
June 10th, 2013 - 09:52 GMT

Former Nakheel executive accused of embezzling $270 mn

“We are not moving as some expected us to move. We are moving at our own pace..."
June 10th, 2013 - 09:46 GMT

Russian oil major Rosneft "in no rush" to sell non-core, less profitable assets

UAE would attract significant capital flows in additional foreign investment
June 10th, 2013 - 06:00 GMT

Revising outlook: UAE, Qatar emerge to see $3 billion in gains

This new financial tool is arguably an addition to the markets and will further boost trading on those markets
June 10th, 2013 - 05:00 GMT

UAE financial markets to trade rights issues

Emaar launches new residential project
June 10th, 2013 - 04:30 GMT

Emaar announces a string of residential development projects

Al Batinah Development was the top gainer for the day.
June 10th, 2013 - 04:00 GMT

Muscat market gains following global equities hike

The Abu Dhabi measure was down 0.25 per cent to 3590.43.
June 10th, 2013 - 04:00 GMT

UAE markets slide ahead of anticipated upgrade decision

Qatar Central Bank to issue 4 billion riyals of debt
June 9th, 2013 - 01:36 GMT

Qatar Central Bank to issue $1.2bln worth of debt

Bahrain's  consumption now is nearly 3,000MW per day
June 9th, 2013 - 10:36 GMT

Bahraini $2bln energy project on track

May forecast of foreign reserves were to increase to $19bn by the end of this year
June 9th, 2013 - 05:58 GMT

Egypt forex reserves increase to $16.04bln

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