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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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The report, which is conducted by the Economist Intelligence Unit, surveys senior executives from large regional companies.
May 27th, 2014 - 03:55 GMT

Restored faith: MENA's executive confidence in the region hits two year high

. Organizing the world cup is just one of the milestones, albeit a big one, aimed at gaining recognition outside Qatar's usual comfort zones.
May 27th, 2014 - 03:55 GMT

Is Qatar's national vision blurred?

A sewage plant is also being constructed, also part of infrastructural development in the UAE, and the first phase of the plant has already been completed, said Al Nuaimi.
May 27th, 2014 - 02:55 GMT

Jealous much? Ajman to spend 40% of its budget on new airport and attracting tourists

Al Bawaba
May 27th, 2014 - 02:55 GMT

The power struggle continues: Erdogan harshly criticizes central bank, asks if "it's kidding"

Al Bawaba
May 27th, 2014 - 02:55 GMT

Always outside its comfort zone: UAE signs open skies agreement with Cuba

“One of the biggest challenges is the issue of the customs,” he said. “I think they have made practical steps in addressing these issues and how to redistribute the custom fees between the GCC countries.”
May 26th, 2014 - 10:24 GMT

Why the GCC countries are serious about economic integration this time around

Al Bawaba
May 26th, 2014 - 10:12 GMT

New convertible Jaguar hits Saudi streets

Al Bawaba
May 26th, 2014 - 09:19 GMT

Jordanian shipping company fined $500,000 for violating US environmental laws

Construction contracts for a new crude oil pipeline between Saudi Arabia and Bahrain are expected to be tendered by the end of the year.
May 26th, 2014 - 08:57 GMT

New Saudi-Bahraini $350 oil pipeline in the making

Al Bawaba
May 26th, 2014 - 08:32 GMT

Narrowing things down: comparing Sisi's and Sabahi's economic platforms

Saeed said the highest level the stock market has witnessed occurred in 2008, when it registered 12,000 points, followed by a slump for five years.
May 26th, 2014 - 07:17 GMT

Election day bonanza raises Egypt's bourse to highest levels since 2008

Al Bawaba
May 26th, 2014 - 11:16 GMT

Emirates’ A380 pulls in thousands at ILA Berlin 2014

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