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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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Al Bawaba
May 12th, 2014 - 02:55 GMT

A tad too demanding? Egypt's government expecting private sector to deliver 67% of economic activity

Eight of KSE’s sectors ended last week in the red zone, three recorded increases, whereas the Health Care sector’s index closed with no change from the week before
May 12th, 2014 - 02:55 GMT

Kuwait bourse slips for third week in a row

Qatar’s bourse has officially reported that the combined first-quarter net profit of all but two companies amounted to QR11.1 billion, up 8.6 per cent year on year.
May 11th, 2014 - 07:25 GMT

Dubai bourse 'miles ahead' its Gulf counterparts

Al Bawaba
May 11th, 2014 - 07:12 GMT

The huge uproar against the Halal industry and what it means for its prospects

The Qazvin-Rasht-Astara railway is estimated to carry 1.4 million passengers and 5-7 million tons of cargo per year.
May 11th, 2014 - 04:57 GMT

Common problems, common solutions? Russia to build Iran's massive railway network

Al Bawaba
May 11th, 2014 - 04:50 GMT

Egypt's new investment law and corruption: what do they have in common?

Al Bawaba
May 11th, 2014 - 04:42 GMT

The limitations of friendship: China to lose out from easing Iranian sanctions

Al Bawaba
May 11th, 2014 - 04:33 GMT

Persistent bottlenecks: Iran still unable to sell its petrochemicals to Europe

Al Bawaba
May 11th, 2014 - 11:43 GMT

Huawei unveils Ascend P7 redefining excellence

He noted that Iraq will not be able to sell for the next ten years and Jordan has an opportunity to capitalise on that by inviting investors to take advantage of a large market.
May 11th, 2014 - 11:25 GMT

Should Jordan's investment promotion efforts be closer to home?

She went on to add that in many Arab countries naming Egypt, Morocco and Jordan they saw a decline in the welfare of their middle class compared to their share of the societal wealth in the 1960s.
May 11th, 2014 - 10:56 GMT

Christine Lagarde and the 'missing link' in Arab economies: the middle class

Al Bawaba
May 11th, 2014 - 10:24 GMT

Oman oil company’s regasification investment in Chile recognised as one of the country’s safest working environments

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