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BUSINESS

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Massive reward offered for missing pilots as Iranian TV urges citizens to shoot jets
April 3rd, 2026 - 03:09 GMT
Osama Ali

Osama Ali

Massive reward offered for missing pilots as Iranian TV urges citizens to shoot jets

ALBAWABA - Iranian state media has offered a cash reward for the apprehension of a U.S. pilot who was allegedly ejected over southwest Iran and has urged locals to help find him. The declaration, which was shown on state television, is indicative of growing tensions that are influencing the geopolitical and economic risk environment in the area. The pilot is reportedly said to have parachuted from a fighter plane at ...
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The bank operates in 30 countries on five continents and owns 40 per cent of Saudi Arabia’s Arab National Bank. (File/Photo)
July 18th, 2018 - 11:33 GMT

Arab Bank to Open Its First Branch in China

Partnership agreement being signed between  Injazat CEO, Khaled Al Melhi, left, and Shurooq’s Executive Chairman H.E. Marwan bin Jassim Al Sarkal
July 18th, 2018 - 11:33 GMT

Shurooq Partners With Ad Injazat Data Systems’ to Digitally Streamline Services to Investors and Private Sectors

The certification covers Stellar’s blockchain and its native currency called Lumens. (Shutterstock)
July 18th, 2018 - 11:24 GMT

Blockchain Platform Stellar Attains Shari’ah Compliance Certificates in Bahrain

Emaar will develop the Middle East’s largest Chinatown within the retail district of Dubai Creek Harbour, its six-square-kilometre mega-development, only 10 minutes from the Dubai International Airport and the iconic Burj Khalifa.
July 18th, 2018 - 11:21 GMT

Premier Developer, Emaar, to Build Middle East’s Largest Chinatown at Dubai Creek Harbour

The value of cross-regional deals targeting the Middle East increased to $8.1 billion in 2018 first half from $6.4 billion in the same 2017 period. (Shutterstock)
July 18th, 2018 - 11:13 GMT

UAE Dominates the Middle East's M&A Field

During the event
July 18th, 2018 - 11:07 GMT

UAE Ministry of Health & Prevention Hosts ‘Art for Health’ Awards

During the event
July 18th, 2018 - 11:03 GMT

UAE Federal Tax Authority Calls on Persons Dealing With Commercial Real Estate to Settle VAT on Sale Before Transfer of Ownership

Eight people have been killed and hundreds wounded in demonstrations which entered their 10th day on Tuesday. (AFP)
July 18th, 2018 - 11:02 GMT

Iraq Online Shutdown to Result in Losses Worth $40 Million a Day

According to mid-year Cost of Living Index released by Numbeo, Dubai and Abu Dhabi were rated 113 and 97, respectively, in the list of most expensive cities during the first-half of 2018 as compared to 72 and 93, respectively, during H1 2017. (Shutterstock)
July 18th, 2018 - 10:52 GMT

Cost of Living in UAE Continues to Drop Due to Rents Fall

According to mid-year Cost of Living Index released by Numbeo, Dubai and Abu Dhabi were rated 113 and 97, respectively, in the list of most expensive cities during the first-half of 2018 as compared to 72 and 93, respectively, during H1 2017. (Shutterstock)
July 18th, 2018 - 10:52 GMT

Cost of Living in UAE Continues to Drop Due to Rents Fall

Powered by Dual front camera (24MP+2MP) and new f/2.0 wide aperture lens, HUAWEI nova 3 series promises Artificial Intelligence selfies.
July 18th, 2018 - 10:51 GMT

Huawei’s New Range of Artificial Intelligent Smartphones Set to Change Your Selfie Game

Apart from economists, investors and businessmen, international ratings agencies have expressed deep concern over the delay, reminding the authorities that the growing public debt has reached alarming levels. (Shutterstock)
July 18th, 2018 - 10:45 GMT

Delays in Cabinet Formation Will Hurt Lebanese Economy

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