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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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Caetano Fernandes, Senior Vice President  & Head of Mashreq Gold
May 8th, 2014 - 07:33 GMT

Mashreq offers new Mortgage Plan

Al Bawaba
May 8th, 2014 - 07:22 GMT

IKEA participates in Abu Dhabi International Book Fair

Al Bawaba
May 8th, 2014 - 07:05 GMT

Fantastic offer on Honda Accord all this month

Al Bawaba
May 8th, 2014 - 05:46 GMT

Etisalat expects to close the acquisition of Vivendi’s 53% shareholding in Maroc Telecom on 14 May 2014

Al Bawaba
May 8th, 2014 - 04:58 GMT

Qatar Airways buoyant at Arabian Travel Market with us-themed entertainment thrilling visitors

Tenants have said that the law would displace thousands of families who rent in Beirut under an old law that governs lease contracts enacted before 1993.
May 8th, 2014 - 04:28 GMT

Landlord efforts go down the drain in Lebanon: After passing through parliament, Suleiman refuses to sign new rent law

Asked when Oman was going to decide on potential changes to subsidy levels, Balushi said: “It’s an exercise that is going on, it could be this year, it could be next year.”
May 8th, 2014 - 04:20 GMT

Tick tock: Oman is on the verge of lifting subsidies

Leaders of the six-nation GCC have set January 1 to implement the customs union, first launched in 2003 and delayed on several occasions to resolve hurdles.
May 8th, 2014 - 04:13 GMT

It's the thought that counts? GCC customs union set for Jan.1st

Egypt is currently trying to reduce a budget deficit which hit 14 percent in the 2012-2013 fiscal year, bringing it down to 11-12 percent by the end of the current fiscal year.
May 8th, 2014 - 03:58 GMT

Going after the 1%? Egypt's cabinet approves 'exceptional' tax hike on the rich

Egypt has obtained billions of dollars in loans from other Gulf Arab states in recent months. Some of that money has been used to help Cairo fund energy costs.
May 8th, 2014 - 03:49 GMT

Desperate to avoid more blackouts: Egypt is soliciting $2.5 billion to cover gas imports

Al Bawaba
May 8th, 2014 - 12:51 GMT

Investigation attempts to shed light on alleged financial anomalies at AUB

KIPCO’s first-quarter revenue rose 19 per cent to 137 million dinars.
May 7th, 2014 - 11:59 GMT

Keeping up with KIPCO: the investment giant posts 20% profits

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