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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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Electricite du Liban workers  are planning industrial action
April 10th, 2013 - 08:00 GMT

Electricite du Liban workers plan industrial action

Jordan’s olive oil production saw an 11 per cent increase in 2012
April 10th, 2013 - 02:22 GMT

Jordan's olive industry grows by 11 per cent

 John Kerry has said he will work with Israel and Palestinian leaders in an effort to revive the West Bank's economy
April 9th, 2013 - 12:37 GMT

Kerry plans West Bank economic revival

Kuwait's oil output is in the range of 3 million bpd, the country's oil minister has stated.
April 9th, 2013 - 12:09 GMT

Kuwaiti oil output at 3million bpd - Minister

Despite regional instability, Lebanon's banking institutions remain safe, the  country's central bank chief claimed on Tuesday
April 9th, 2013 - 11:37 GMT

Lebanon's Central Bank chief says country's banks still resilient

Egypt is set to abolish fuel subsidies within three to five years
April 9th, 2013 - 11:11 GMT

Egypt to abolish all fuel subsidies in "three to five years" - Minister

USAID has launched a scheme to boos economic growth with the Libyan diaspora community
April 9th, 2013 - 10:29 GMT

USAID launches Libya diaspora 'marketplace' scheme

Egypt has cancelled planned tax changes, according to sources
April 9th, 2013 - 09:35 GMT

Egypt cancels planned tax changes

Lebanon's main stock exchange took a boost from the appointment of  Tammam Salam as the country's new PM
April 9th, 2013 - 09:08 GMT

Beirut Stock Exchange takes boost from new PM

A large number of Egypt’s train drivers and conductors ended their nationwide strike on Monday evening
April 9th, 2013 - 08:24 GMT

Egyptian train drivers resumer work following strike

Iraq and Jordan sign an agreement to build an oil pipeline between the two nations
April 9th, 2013 - 07:27 GMT

Iraq and Jordan sign oil pipeline deal

Syrian conflict has caused the country's economy  to suffer an almost 100 per cent decline in foreign trade in 2012 (DIMITAR DILKOFF / AFP)
April 8th, 2013 - 01:06 GMT

Syrian conflict caused 100 per cent decline in foreign trade

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