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Employees at Qatar's Ras Laffan Industrial City
July 26th, 2026 - 09:31 GMT
P. Choiaqo

P. Choiaqo

Qatar resumes maritime traffic after suspension

ALBAWABA - After a temporary suspension due to the recent increase in tensions between the U.S. and Iran, Qatar has returned maritime traffic to normal levels. The traffic will resume as normal after Sunday, according to CNN citing Qatar’s Ministry of Transport. The suspension started at the end of June, affecting the movements of all vessels in its coastal waters. The Ministry of Transport urged all shipowners and crews to ...
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Abu Dhabi Commercial Bank (ADCB) said that merger talks with Union National Bank (UNB) and Al Hilal are at a very preliminary stage.
September 4th, 2018 - 07:41 GMT

Three Major UAE Banks Mulls Merger to Create $113 Billion Bank

The ministry clarified that the statement was issued in response to "baseless and unfounded" media reports. (Shutterstock)
September 4th, 2018 - 07:36 GMT

Saudi Arabia Will Not Impose Fees on Expat Remittance

Egypt’s stock market index gained 4.82 percent this week. (AFP)
September 3rd, 2018 - 09:49 GMT

Egypt's Stock Market Is the Best-Performer in the Region This Week

The growth reflects the significant achievements made by the transformational industries over the past five years. (Shutterstock)
September 3rd, 2018 - 09:21 GMT

UAE Non-Oil GDP Hikes Steadily

Construction was the most active segment of the GCC projects market in 2017. (Shutterstock)
September 3rd, 2018 - 09:16 GMT

Report: 2017 Worst Year for GCC Construction Industry

Fifteen companies are reported to be considering a merger to avoid bankruptcy. (Shutterstock)
September 3rd, 2018 - 08:31 GMT

15 Companies Consider Merger to Avoid Bankruptcy in Kuwait

The Fan ID, provides fans with visa-free entry to Russia at the 2018 tournament.(Shutterstock)
September 3rd, 2018 - 08:21 GMT

Qatar Mulls Visa-Free Entry Scheme

Trade deficit of $2.48 billion last month was lowest monthly figure in last 9 years, says minister. (Shutterstock)
September 3rd, 2018 - 08:12 GMT

Foreign Trade Deficit Falls 58 Percent in Turkey

President Sisi at the signing of the economic agreements with Chinese companies in Beijing on Sunday (Photo: Egyptian Presidency)
September 3rd, 2018 - 08:07 GMT

Egypt Signs $18 Billion Worth Contracts With Chinese Investors

The sell-off has increased the cost of food and petrol and raised fears about the impact on the country’s wider economy and banks. (Shutterstock)
September 3rd, 2018 - 07:59 GMT

Turkey Rises Gas, Power Prices by 14 Percent

Bitcoin edged down by 0.5%.
September 3rd, 2018 - 07:49 GMT

Crypto Update: Bitcoin Slips Again, New Cryptocurrency to Be Launched

Cash withdrawls from ATM machines also rose more than 12 percent on a year earlier. (Shutterstock)
September 3rd, 2018 - 07:43 GMT

Improved Economic Outlook in Saudi Arabia

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