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Qatari PM speaks at Lucerne Summit
June 24th, 2026 - 09:53 GMT
P. Choiaqo

P. Choiaqo

Gulf countries to fund $300 billion reconstruction in Iran if peace talks go through

ALBAWABA - Qatari PM, Sheikh Mohammad, said that Gulf states could play a role in financing reconstruction in Iran, however, $300 billion seems ‘aspirational’ he says. In an interview with Financial Times, Sheikh Mohammad said that Gulf states are willing to finance if Iran reaches a conclusive and final peace agreement with the U.S. "Our aim is that Iran flourishes and their economy grows; and our investment basically has always ...
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The National Bank of Egypt has reduced the dollar limit availabilityfrom $3000 to $2000. (Taxcredits.net)
February 18th, 2016 - 05:00 GMT

Egypt's banks set dollar spending caps for customers abroad

A view inside Masdar City. (Ali Haider/EPA)
February 17th, 2016 - 01:16 GMT

From city of the future to ghost town: what's left of Masdar the green city in the UAE desert?

The agreement would have allowed stakes in Israel's biggest gas fields, Tamar and Leviathan. (Twitter)
February 17th, 2016 - 07:44 GMT

Has the natural gas deal between Jordan and Israel gone up in smoke?

New concourse D from Dubai airport. (Twitter)
February 17th, 2016 - 06:27 GMT

Dubai airport gets a makeover! New concourse opens on Wednesday

An oil refinery draws out the skyline. (Twitter)
February 17th, 2016 - 05:36 GMT

Scraping the barrel? Kuwait Petrol seeks loan for $10 billion

The Crowne Plaza in Duqm, Oman. (Twitter)
February 16th, 2016 - 02:00 GMT

Oman’s Duqm tourist complex moves forward with government approval

Local currency debt made up the majority of increased $3B in debt. (File photo)
February 16th, 2016 - 12:00 GMT

Lebanon’s debt hits a staggering $70.3B

The pier at the Al-Ahmadi refinery in Kuwait. Kuwait's economy is shifting drastically as oil prices continue to drop. (AFP/Yasser Al-Zayyat)
February 16th, 2016 - 10:30 GMT

Kuwait fights budget deficit: Reexamining government salaries, expatriate labor

Tunisia is facing its unemployment and economic problems directly. (File)
February 16th, 2016 - 10:30 GMT

Tunisian Confederation of Industry, Trade, and Handicrafts fights nationwide unemployment levels

Jordan is classified as an energy-intensive country as its energy consumption is high even when compared to industrial countries. (File photo)
February 16th, 2016 - 10:00 GMT

Renewable energy projects welcomed in Jordan

Construction costs continue to drop in Dubai, making expansion cheaper and more accessible. (File)
February 16th, 2016 - 09:30 GMT

Construction costs fall in Dubai

Tehran, the capital of Iran, is becoming a major international tourist hotspot. (File)
February 16th, 2016 - 09:00 GMT

Western tourists flock to Iran, could generate $30B in new revenue

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