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BUSINESS

BUSINESS latest

Gautam Adani
May 15th, 2026 - 02:57 GMT
Osama Ali

Osama Ali

Trump lawyer, $18M deal: Adani walks free

ALBAWABA - US federal prosecutors are seeking to drop a high-profile corruption prosecution against Indian billionaire Gautam Adani following a cash deal and a change in his legal defense team. Adani and his nephew agreed to pay a $18 million civil penalty without admitting or rejecting the claims, according to disclosures by Adani Green Energy. The case, dating back to late 2024, charged them of participating in a wide-ranging corruption ...
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In September 2013, the World Bank removed Iran from its list of deadbeat borrowers, saying the Islamic Republic had paid outstanding loan amounts.
April 15th, 2014 - 02:55 GMT

Knocking all doors: Iran seeking World Bank finances for development projects

Egyptian construction tycoon Nassef Sawiris, the youngest among the Sawiris siblings, was the first Egyptian and the fourth on the list with a total worth of $6.7bn.
April 14th, 2014 - 06:04 GMT

Forbes' Middle East list is out and Egypt, yes Egypt, is leading

Kuwait's refining capacity will reach over 1.4 million bpd from the current level of 930,000 bpd, when the projects are completed.
April 14th, 2014 - 05:45 GMT

Moving forward? Not with diversification at least, Kuwait signs $12 billion worth of oil contracts, tenders others

Ben Gurion Airport expects 1.2 million passengers over the holiday, up 25% from 2013.
April 14th, 2014 - 04:46 GMT

Modern day exodus? Israelis flock to Turkey for Passover

Washington lawmakers have refused to pass the reforms, claiming they would prove too heavy a burden during a time when the US is still running a large budget deficit.
April 14th, 2014 - 04:29 GMT

The usual love-hate relationship: Saudi accuses US of stalling IMF governance reforms and clinching on to voting power

Return of Equity (RoE) for Saudi banks is 10 percent whereas U.S. and European counterparts only receive single digit returns (File Archive)
April 14th, 2014 - 02:00 GMT

Spotlight on Saudi Arabia’s "resilient" banking sector

Al Bawaba
April 14th, 2014 - 12:00 GMT

Will UAE's new law really boost SME development in the emirates?

Al Bawaba
April 14th, 2014 - 10:22 GMT

All that glitters is diamonds at Al Liali this summer!

Iran will build six oil refineries in Indonesia's Benten and West Java regions (File Archive)
April 14th, 2014 - 10:00 GMT

Iran set to build oil refineries in this Islamic country

Al Bawaba
April 14th, 2014 - 10:00 GMT

Lebanese startup's move to global platform paving way for entrepreneurship growth

Al Bawaba
April 14th, 2014 - 09:40 GMT

NIVEA launches Cocoa Butter Lotion & Cream for intensively nourished skin all day long

Al Bawaba
April 14th, 2014 - 08:48 GMT

Jordan Ahli Bank celebrates the women of Jordan, honoring the elderly

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