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Hegseth during US Committee hearing
July 23rd, 2026 - 09:04 GMT
P. Choiaqo

P. Choiaqo

Hegseth asks Congress to increase defense budget to $1.5 trillion

ALBAWABA - Hegseth appeared before Congress yesterday to answer questions regarding the Iran war and the costs related to it; instead of answering, he bold-facedly requested Congress increase his department’s budget to $1.5 trillion. The Trump administration continues to push Congress for more funds to cover the heavy cost of the Iran war, Hegseth says it cost $37 billion so far and is asking for $70 billion more, while analysts ...
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An aerial view of the new Al-Jabri Mosque in Hail as per the design of Rome-based firm Schiattarella Associati. (Photos: Design MENA)
June 12th, 2017 - 09:38 GMT

Italian Firm Designs Breathtaking Mosque in Saudi Arabia: Photos

The new model protects the rights of tenants and landlords by having both parties sign a rental agreement via the Saudi "Ijar" network. (AFP)
June 11th, 2017 - 10:35 GMT

Saudi Arabia Releases New Uniform Rental Contract

The headquarters of QatarGas, the largest LNG producer in the world, in Doha. (Shutterstock)
June 11th, 2017 - 08:00 GMT

Qatar Gas Supplies Not Affected by Crisis: Reports

China Construction Bank's market capitalization reached $192.6 billion in 2016, the fifth highest of any bank in the world. (Photo: Reuters)
June 11th, 2017 - 07:00 GMT

China Construction Bank Lists $1.2 Billion Bond on Nasdaq Dubai

The price of a pack of cigarettes in Saudi Arabia will double from June 11. (File photo)
June 11th, 2017 - 06:00 GMT

Saudi Arabia: Price of Cigarettes Up 100 Percent Starting From Sunday

A customer reads the label on a Turkish dairy product at a supermarket in Doha. (The Peninsula)
June 10th, 2017 - 07:00 GMT

Turkey Sends Dairy Product Supplies to Crisis-Hit Qatar

Saudi Arabia issued a ban against watching the Al Jazeera TV channels in restaurants, hotels and other tourist outlets. (AFP)
June 10th, 2017 - 01:58 GMT

Saudi Arabia Bans Al Jazeera TV Channels in Hotels, Restaurants

Gold suffered a weekly loss for the first time in five weeks. (Noah Seelam/ AFP)
June 10th, 2017 - 01:25 GMT

Business Roundup: Top 5 Things That Moved Global Markets This Week

Yahoo employees ring the Opening Bell at NASDAQ MarketSite in New York, on March 2, 2015. (Slaven Vlasic/ AFP)
June 10th, 2017 - 12:43 GMT

Yahoo Approves $4.5 Billion Sale to Verizon

Qatar Airways CEO Akbar al-Baker. (AFP/ File)
June 8th, 2017 - 06:00 GMT

Qatar Airways Faces Tough Times Due to New Restrictions: Analysts

Egypt's inflation fell 2 percent in May, compared with April. (Khaled Desouki/ AFP)
June 8th, 2017 - 05:00 GMT

Egypt’s Inflation Falls for First Time Since Pound Flotation

Former FBI Director James Comey (R) testifies before a US Senate Committee on September 27, 2016. (Yuri Gripas/ AFP)
June 8th, 2017 - 03:15 GMT

Comey Day, UK Election and Markets: 5 Things You Should Know on Thursday June 8

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