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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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Official data showed that the number of unemployed persons age 15 years and over rose by around 64,000 on a yearly basis. (Shutterstock)
September 18th, 2018 - 07:49 GMT

Turkey's Unemployment Rate Stable

KSA should be able to provide goods and services for its local market as well as build globally competitive export industries. (Shutterstock)
September 18th, 2018 - 07:42 GMT

Saudi Localization Plans to Introduce Multibillion-Dollar Infrastructure Dividend

During the event
September 18th, 2018 - 07:40 GMT

Nasdaq Dubai Signs Landmark Agreement With Oxford Business Group

Cyan Beach Residence at Maryam Island.
September 18th, 2018 - 07:28 GMT

Eagle Hills Sharjah Opens New Sales Centre in Maryam Island, Sharjah

Huawei Nova 3
September 18th, 2018 - 07:22 GMT

Top 5 Innovations of Huawei Nova 3 Series That Are Sure to Make You an AI Selfie Superstar

The IMFSaid Last Month That Growth in the Non-Oil Sector Was Expected to Accelerate as the Kingdom Moved Ahead With Economic Reforms. (Shutterstock)
September 18th, 2018 - 07:18 GMT

IMF Confident Saudi Can Meet 1.9 Percent GDP Forecast

The current 4.5 million bpd would only increase to 5 million bpd over the next decade. (Shutterstock)
September 18th, 2018 - 07:10 GMT

Uncertainty Looms on Iraq Oil Production for the Next Decade

Makkah has a shopping mall supply of 140 sq m per 1,000 persons — significantly lower than other primary cities. (Shutterstock)
September 18th, 2018 - 07:05 GMT

Malls in Makkah to Grow by 200 Percent to Meet Pilgrim Boom Demands

UAE recorded 13.6 per cent growth in corporate earnings compared to 9.8 per cent in 2017. (Shutterstock)
September 18th, 2018 - 06:59 GMT

Dubai's Corporates Record Highest Rate of Growth in the GCC

Andy Coussins, Head of Sales International - Epicor
September 18th, 2018 - 06:53 GMT

Dolphin Group Selects Epicor ERP to Digitalize Production and Support Business Growth

The fund will be distributed in a span of three years to support the education of children. (Shutterstock)
September 18th, 2018 - 06:52 GMT

Abdul Aziz Al Ghurair Launches Dh100 Million Refugee Education Fund

The President's decision threatens to upend the possibility of a diplomatic breakthrough with Chinese negotiators. (Shutterstock)
September 18th, 2018 - 06:49 GMT

US Levies New Tariffs on $200 Billion in Chinese Goods

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