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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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The MoU was signed by Saudi Arabia, the UAE, Bahrain, Algeria, Sudan, Iraq, Oman, Qatar, Comoros, Kuwait, Egypt, Libya, Morocco and Yemen. (Shutterstock)
April 11th, 2017 - 04:18 GMT

14 Arab countries sign MoU to establish a joint electricity market

Djerba–Zarzis International Airport. (Shutterstock)
April 11th, 2017 - 04:05 GMT

Tunisia, Libya resume flights after year-long interruption

Algeria is calling for investments in its 4,050MW solar power plant which will include the development of local manufacturing of related equipment. (Shutterstock)
April 11th, 2017 - 03:53 GMT

Post-Brexit UK eyes energy investments in Algeria

India has signed several big-ticket defense deals since Modi’s Bharatiya Janata Party stormed to power in 2014. (AFP/File)
April 11th, 2017 - 03:25 GMT

Israel signs $2B arms deal with India, its biggest ever

Foreigners working in Saudi Arabia sent home SR10.77 billion ($2.87 billion) in February 2017, 15 percent less than the same time last year. (AFP/Khaled Desouki)
April 11th, 2017 - 02:32 GMT

Saudi expat remittances drop amid slow economy, weak SME sector

Terrorist bombings negatively affected trading in the Egyptian Stock Exchange. (AFP/Khaled Desouki)
April 11th, 2017 - 02:04 GMT

Egypt’s stock market tumbles following church bombings

Toshiba has reported a loss of $4.8 billion and faces the possibility of a delisting from the Tokyo Stock Exchange. (AFP)
April 11th, 2017 - 12:33 GMT

Toshiba risks delisting, going out of business

The complex, which is located 45km east of Jijel, is worth over $2 billion and will help to achieve Algeria's self-sufficiency in iron and steel products. (Pixabay)
April 11th, 2017 - 10:50 GMT

Algeria, Qatar team up to launch massive steel complex

Libya's Sharara oilfield, which had only just returned to production, was shut on Sunday after a group blocked a pipeline linking it to an oil terminal. (AFP/File)
April 11th, 2017 - 10:30 GMT

Oil prices up after Libya’s biggest field shuts down

A total of 288 labor protests were organised in Jordan in 2016, up from 236 protests in the previous year, which could suggest a decline in the socio-economic situation in Jordan. (AFP/Khalil Mazraawi)
April 11th, 2017 - 10:14 GMT

Jordan sees 22 percent rise in labor protests in 2016: Report

The best performing sub-sector in Dubai in the past quarter was wholesale and retail, followed by travel and tourism and construction. (AFP/Karim Sahib)
April 11th, 2017 - 09:22 GMT

Dubai's private sector achieves strongest quarter in two years

Turkey wants to reduce its energy import dependence and focus more on local energy resources. (File photo)
April 11th, 2017 - 08:35 GMT

Turkey reshapes its energy strategy, moves towards local resources

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