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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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Many banks failed to anticipate that Jordan's Ministry of Finance would shift its borrowing targets from local banks in dinars to foreign sources in dollars (File Archive)
March 31st, 2014 - 07:06 GMT

Bad for some, but good for others: Are lower interest rates the remedy for Jordan's economy?

Al Bawaba
March 31st, 2014 - 07:05 GMT

Jotun invests in training 34 young Saudis hired at Yanbu Career Fair

Breaking down the power usage numbers between 2005 and 2012, the consumption of electricity has risen steadily over the seven-year study period
March 31st, 2014 - 06:55 GMT

Electricity consumption in Oman rises by 149.5%: NCSI

The overarching patent battle between Apple and Samsung shows no sign of slowing, after mediation talks failed yet again ahead of the trial.
March 31st, 2014 - 06:09 GMT

The rivalry gets real: Apple to sue Samsung for $2 billion for 'copying iPhone features' and drag Google to the courtroom

Al Bawaba
March 31st, 2014 - 05:56 GMT

Lebanon abandons bank secrecy laws to probe money laundering and terrorist funding

Al Bawaba
March 31st, 2014 - 05:49 GMT

Etihad Airways launches cabin crew recruitment drive in Morocco

The programme aims to offer an environment that gives a sense of normality, purpose and hope to vulnerable youths who are forced to live in refugee camps, the statement said.
March 31st, 2014 - 05:44 GMT

An attempt at normalcy: vocational training center established for Syrian youth in Jordan

Al Bawaba
March 31st, 2014 - 04:49 GMT

Samsung Electronics Levant and UPB celebrate the launch of 2014 air conditioners lineup with new triangle body

Tourism receipts plummeted 65 percent, depicting a $2 billion drop in revenues in the first quarter of the current financial year in comparison to the prior year.
March 30th, 2014 - 09:19 GMT

Thank you, Gulf money: Egypt balance of payments records largest surplus in 17 years

Oil exports are expected to decline as market loosens, bringing the price down this year.
March 30th, 2014 - 09:03 GMT

Time for some frugality? Never! Kuwait's oil exports fall 3%

Al Bawaba
March 30th, 2014 - 01:31 GMT

Natural gas: the new oil?

Al Bawaba
March 30th, 2014 - 11:45 GMT

Emirates is first airline to launch giant A380 double-decker service from Gatwick

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