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BUSINESS

BUSINESS latest

Donald Trump
June 25th, 2026 - 07:28 GMT
P. Choiaqo

P. Choiaqo

Trump asks Congress for $87 billion citing Iran war costs

ALBAWABA - Citing “urgent needs” related to the Iran war, the White House has asked lawmakers to approve $87 billion - this comes a day after Congress passed the war powers resolution, forcing Trump to ask permission for any further military actions in Iran. According to the White House, the bulk of the $87 billion is going to the Department of Defense at $67 billion; including $21 billion for munitions ...
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The transfer of funds to Gaza banks will be carried out with Israel's security considerations in mind, according to the agreement.  (AFP/Mohamed Abed)
July 5th, 2016 - 09:00 GMT

Israel to allow Gaza banks to receive transfers via Turkey

From a safety and security perspective, banks definitely rank up high, however, returns are not as attractive as compared to other financial instruments and products. (File photo)
July 5th, 2016 - 08:20 GMT

Don't bank on it: Putting your eggs in one basket isn't the best savings strategy

Hyundai IONIQ Hybrid
July 5th, 2016 - 08:10 GMT

Hyundai confirms IONIQ Hybrid for 2016 Middle East launch

Contraction in the nominal GDP in Oman in 2015 was mainly due to the sharp fall in crude oil prices in the global markets and fiscal policies pursued by the government. (Times of Oman)
July 5th, 2016 - 08:00 GMT

Oman: Low oil prices end five years of economic growth

Analysts at Morgan Stanley said there were also signs prices could fall again soon, pointing at stalling gasoline demand and more oil from Canada and Nigeria after production problems. (AFP/Mohammed Al Shaikh)
July 5th, 2016 - 07:00 GMT

Saudi oil minister optimistic market is 'heading towards balance'

The May 2017 forum will be the ninth hosted by Jordan since the first conference in 2003. (AFP/File)
July 5th, 2016 - 06:00 GMT

Jordan to host MENA's World Economic Forum in 2017

Reach Out To Asia (ROTA) volunteers alongside thank you packages
July 5th, 2016 - 05:16 GMT

Qatar Foundation celebrates local volunteers

Chototel will harness construction technology called light gauge steel framing, which minimises its carbon footprint by using a method that eliminates the use of bricks and wood as raw materials. (Twitter)
July 5th, 2016 - 05:11 GMT

Super-economy hotel will offer $2 a night rooms in UAE

EgyptAir revealed they would incur a $2 million loss in case the daylight saving time was cancelled. (Shutterstock)
July 5th, 2016 - 04:50 GMT

Egypt to scrap daylight savings time from July 7

The ‘Founder Stories’ session at EdTechXEurope 2016 in London
July 5th, 2016 - 04:21 GMT

WISE partners with EdTechXGlobal

During the event
July 5th, 2016 - 03:44 GMT

Abu Dhabi Ports serves iftar meals to more than 6000 during Ramadan

CBS Reality and Jim Jam will also join beIN from August 1. (beIN Media Group)
July 4th, 2016 - 12:48 GMT

BeIN to launch 12 new channels, targets up to 80 channels by end-2016

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