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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 Jordanian minister said the Qatari authorities are interested in implementing projects in the tourism and energy sectors in the kingdom. (Shutterstock)
September 13th, 2018 - 08:40 GMT

Qatari $500 Million Investments Eye Tourism and Energy Sectors in Jordan

Phil Schiller, Apple senior vice president, discusses his company's iPhone line-up during an event on September 12, 2018, in Cupertino, California.(Photo by NOAH BERGER  AFP)
September 13th, 2018 - 07:31 GMT

Apple Quietly Removes the iPhone SE and iPhone 6S From Website

The DIFC has been seeing a consistent influx of foreign companies. (Shutterstock)
September 13th, 2018 - 07:24 GMT

Dubai Ranks 15th Worldwide in Global Financial Centre Index

Warner Bros. World Abu Dhabi. (AFP)
September 13th, 2018 - 07:19 GMT

Top Five Activities in UAE During This Long Weekend

OPEC opened the flood gates this summer by increasing crude oil production by 278,000 barrels a day from July to August. (Shutterstock)
September 13th, 2018 - 07:09 GMT

OPEC Ups Production to 278,000 Barrels a Day

Deloitte
September 13th, 2018 - 07:01 GMT

Deloitte Strengthens Its Risk Advisory Middle East Leadership Team With 4 New Partners

Saudi Arabia raised $50 billion through international conventional and Islamic bonds. (Shutterstock)
September 13th, 2018 - 06:57 GMT

Saudi Arabia New Dollar Sukuk Sale to Follow a $9 Billion Debut Last Year

The 16.3% increase reflects more favourable conditions for wealth creation despite volatile geopolitics. (Shutterstock)
September 13th, 2018 - 06:39 GMT

Wealth of UHNW Reaches $31.5 Trillion, With Middle East Fourth-Largest Region

This long-term supply agreement is the first QPSPP naphtha feedstock sale to an end-user in India, highlighting QPSPP push for more direct sales with established end-users. (Shutterstock)
September 13th, 2018 - 06:21 GMT

Qatar to Supply India With 600,000 Tonnes of Naphtha Over 3-Year Deal

The country’s budget might increase to KD 40 billion, and the number of expatriates will increase to five million with the opening of the Silk City Project. (Shutterstock)
September 13th, 2018 - 06:07 GMT

Expats to Hit 5 Million Mark in Kuwait With Opening of Silk City Project

Huawei also took the second spot in the Middle East and Africa.
September 13th, 2018 - 06:02 GMT

Steady and Strong Huawei on Course to Rise Above All

The awards recognise excellence and innovation in social media and marketing campaigns in the aviation industry.
September 13th, 2018 - 05:52 GMT

Etihad Airways Wins SimpliFlying Award for Best Airline in Social Care

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