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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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Major projects of Oman Oil Company include the Duqm gas pipeline, a mega crude storage facility at Ras Al Markaz and several other projects in Duqm free zone.  (Wikimedia Commons)
February 1st, 2017 - 01:00 GMT

Oman Oil announces billion-dollar investment in national projects

The 2016 results – which take Nakheel’s cumulative results since 2010 to Dh19.9 billion – follow improved year-on-year performances by the company’s retail, hospitality and residential leasing businesses. (File photo)
February 1st, 2017 - 12:00 GMT

UAE developer Nakheel announces record $1.35B net profit

Saudi Arabian Airlines’ (Saudia) domestic terminal will also shift to the new airport. (SPA)
February 1st, 2017 - 11:00 GMT

Airlines prepare for relocation to Jeddah's new airport

Egyptians consume an estimated 250,000 tons of sugar each month, according to Egypt’s Supply Ministry. (Shutterstock)
February 1st, 2017 - 10:00 GMT

Sugar high again: Egypt raises prices of subsidized sugar and cooking oil

The Shamoon malware that infected the ministry’s systems is believed to be responsible for a similar cyberattack on state oil giant Saudi Aramco in 2012.  (Shutterstock)
February 1st, 2017 - 09:00 GMT

A week on, Saudi labor ministry continues to face disruptions from cyber attack

In 2016, the Dubai market registered the highest RevPAR of $200, followed by Jeddah, which registered a RevPAR of $196. (Shutterstock/Esherez)
February 1st, 2017 - 08:00 GMT

Middle East hospitality market witnessed drop in RevPAR in 2016: EY

STC was assigned a global ranking of 252, rising 11 per cent during 2016 to $6.2 billion, as per Brand Finance's calculations.  (Rediff)
February 1st, 2017 - 07:00 GMT

Saudi Telecom voted most valuable Arab brand, bypassing UAE firms

In addition to electricity reform, the IMF report argued for increasing revenue with fuel taxation and called for legislation to increase private sector investment.  (Shutterstock)
February 1st, 2017 - 06:00 GMT

IMF calls for 'plausible policy mix' to reduce Lebanon's mounting debt

Prices of oil derivatives on the local market are calculated based on international prices, with the addition of other costs such as shipment, handling and taxes. (Shutterstock)
February 1st, 2017 - 05:22 GMT

Jordan hikes fuel prices by up to eight percent

Just like du, Virgin Mobile will use the network, IT and other infrastructure of EITC.  (AndroidHeadlines.com)
January 31st, 2017 - 01:10 GMT

Virgin Mobile to target niche market with UAE debut

Aviation relies on very skilled staff for almost all of the work that is done and the talent pool available is not infinite. (AFP/Don Emmert)
January 31st, 2017 - 12:00 GMT

Trump's visa ban to negatively impact aviation industry


Typically if a tenant decides to leave a property before the end of the contract, he/she pays around two or three months' worth of rent to the landlord. (Shutterstock)
January 31st, 2017 - 11:02 GMT

Oman: Short-term expat workers caught in debt by long-term tenancies

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