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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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A number of European airlines and governments introduced restrictions on flights to Sharm El-Sheikh over security concerns after the Russian airliner disaster. (File photo)
August 25th, 2016 - 12:00 GMT

Turkish Airlines to fly to Sharm El Sheikh from 10 September

The multi-billion GCC Railway Network - a huge railway system of 2,117 km designed to connect Kuwait, Bahrain, Saudi Arabia, Qatar, UAE and Oman - was earlier slated for completion in 2018. (Menarailpost.com)
August 25th, 2016 - 11:07 GMT

Oman's national railway ambitions chug on despite delay in GCC rail network completion

Tekfen is already engaged in a diverse range of construction activities including power generation, airports, petroleum, roadways, infrastructure projects, and building complexes. (Lusail.com)
August 25th, 2016 - 10:00 GMT

Turkey's Tefken Holding secures $2.1B contract for Qatar highway

Sky Prime is a subsidiary of Alpha Star Aviation. (Sky Prime Aviation)
August 25th, 2016 - 09:30 GMT

Sky Prime, Saudi Arabia's new VIP airline, ready for take off

The acquisition follows the opening of a New York office by QIA in September last year.  (PIxabay)
August 25th, 2016 - 06:41 GMT

Qatar Investment Authority buys stake in Empire State Building owner

The ruling failed to hold the Lebanese Canadian Bank SAL responsible for financing the Lebanon-based Islamic group through its New York account with American Express Bank. (Yalibnan)
August 25th, 2016 - 05:30 GMT

Victims of Hezbollah attacks lose US court case against Lebanese Canadian Bank

Egypt is keen to boost tourism from the Ukraine, which is among the biggest sources of visitors to Egypt's resorts.  (File photo)
August 25th, 2016 - 04:31 GMT

Egypt lays on Ukrainian concert to boost tourism to Sharm El Sheikh

While Qatar will host the 2022 World Cup, Dubai aims to attract 20 million visitors per year by the time it hosts Expo 2020. (Twitter)
August 24th, 2016 - 01:00 GMT

Hospitality markets in UAE, Qatar to see fastest growth in next four years

The Mark V is a medium-range transport and patrol boat used by U.S. Special Operations Forces for insertion and extraction of SEAL combat swimmers as well as coastal patrol. (Wikipedia)
August 24th, 2016 - 12:00 GMT

Qatar to procure $124M patrol boat, weapons from US

In a trend reflected throughout the Gulf, Saudi Arabia has also turned to international markets to borrow money, raising a $10 billion international loan last month.  (Shutterstock)
August 24th, 2016 - 11:00 GMT

Saudi Arabia gears up for $5.3B domestic bond sale

Kuwait  is expected to require several new power stations between 2020 and 2030. (Pixabay)
August 24th, 2016 - 09:34 GMT

Nuclear no go: Kuwait abandons plans for nuclear power plant

Bahrain is implementing a royal order to provide 40,000 units for citizens with housing projects nationwide. (File photo)
August 24th, 2016 - 08:30 GMT

Bahrain inks $395M in housing, infrastructure project deals

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