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BUSINESS

BUSINESS latest

Hegseth during US Committee hearing
July 23rd, 2026 - 09:04 GMT
P. Choiaqo

P. Choiaqo

Hegseth asks Congress to increase defense budget to $1.5 trillion

ALBAWABA - Hegseth appeared before Congress yesterday to answer questions regarding the Iran war and the costs related to it; instead of answering, he bold-facedly requested Congress increase his department’s budget to $1.5 trillion. The Trump administration continues to push Congress for more funds to cover the heavy cost of the Iran war, Hegseth says it cost $37 billion so far and is asking for $70 billion more, while analysts ...
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The volume of trade exchange between Jordan and Spain is currently at JOD430 million, compared to JOD230 million in 2013. (Shutterstock)
September 25th, 2018 - 06:06 GMT

Trade Between Jordan and Spain at JOD 430 Million

The medical insurance segment posted a net profit margin of 3.5 percent in 2017 compared to 4.6 percent in 2016. (Shutterstock)
September 25th, 2018 - 05:55 GMT

Insurance Companies Struggling as Healthcare Costs Rise in Lebanon

The service costs 50 fils a minute and if the car is returned to the starting point of the journey, it costs 40 fils. (Shutterstock)
September 25th, 2018 - 05:49 GMT

You Can Rent a Car for 50 Fils a Minute in Dubai! Here's How

The fraudsters would resort to "fake" phishing methods to convince the victim that they have access to personal information. (Shutterstock)
September 25th, 2018 - 05:33 GMT

Beware of This New Phone Scam in the UAE

Al Ahli Bank of Kuwait K.S.C.P. priced a highly successful $300 million bond. (Shutterstock)
September 25th, 2018 - 05:25 GMT

Kuwait's ABK Launches $300 Million Bond, Its First Foray Into Capital Markets in 2018

Commodity traders say Brent could rise to $90 per barrel by Christmas and pass $100 in early 2019. (Shutterstock)
September 25th, 2018 - 05:18 GMT

OPEC Defiant Against Trump, Sets Sight on $100 per Barrel

Iran's oil exports have already fallen by nearly one-third since Trump's announcement. (Shutterstock)
September 25th, 2018 - 05:14 GMT

Iran Oil Exports Bullish, Despite Falling by One-Third Since Trump's Announcement

The majority of expats have come to Kuwait according to authenticated contracts either as domestic helpers, laborers or are seeking jobs in the private sector. (AFP)
September 25th, 2018 - 05:07 GMT

Opinion: Why is Kuwait Raging a War Against Expats?

Qatar is likely to set aside around QR20 billion next year for the ongoing revamp of the infrastructure inside Doha in the run-up to the 2022 FIFA World Cup. (Shutterstock)
September 25th, 2018 - 04:57 GMT

Qatar to Spend QR 20 Billion Next Year on Infrastructure Ahead of World Cup 2022

Qatar-Oman trade reached more than QR3.5 billion in 2017. (Shutterstock)
September 25th, 2018 - 04:50 GMT

Why Is Oman Hosting Made in Qatar Expo Despite the Siege?

Abdulqader Al Rais
September 25th, 2018 - 04:50 GMT

Dubai Culture Inaugurates First International Retrospective of Emirati Artist Abdulqader Al Rais in Paris

Dr. David Reilly was invited to Doha from Scotland by WCM-Q to deliver his health and wellness course.
September 25th, 2018 - 04:40 GMT

WCM-Q Hosts Wellness Course to Tackle Modern Health Challenges

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