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BUSINESS

BUSINESS latest

Gautam Adani
May 15th, 2026 - 02:57 GMT
Osama Ali

Osama Ali

Trump lawyer, $18M deal: Adani walks free

ALBAWABA - US federal prosecutors are seeking to drop a high-profile corruption prosecution against Indian billionaire Gautam Adani following a cash deal and a change in his legal defense team. Adani and his nephew agreed to pay a $18 million civil penalty without admitting or rejecting the claims, according to disclosures by Adani Green Energy. The case, dating back to late 2024, charged them of participating in a wide-ranging corruption ...
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Teachers who participated in the award will take part in training courses at leading academic institutions. (Shutterstock)
November 7th, 2018 - 08:42 GMT

UAE Teacher Receives Dh 1 Million Award

It's going to be a long weekend.. (Shutterstock)
November 7th, 2018 - 08:36 GMT

UAE to Mark Prophet Muhammad's (PBUH) Birthday With 3-Day Weekend

Samsung to seek developer feedback for foldable phone. (KhT)
November 7th, 2018 - 08:28 GMT

Everything We Know About the Samsung Foldable Phone so Far

Iran is among the countries which the US is courting for stepped-up sales of the oilseed. (Shutterstock)
November 7th, 2018 - 08:22 GMT

US’ Iran-Bound Cargoes Still Operational Despite Sanctions

According to OBG’s findings, 70 per cent of executives said their expectations for local business conditions in the approaching year were either positive or very positive. (Shutterstock)
November 7th, 2018 - 08:12 GMT

GCC Executives Cast Positive Outlook on Region but Wary of Political Upheavals

Egypt plans to repay all of its $1.2 billion debt to foreign oil and gas companies by the end of 2019. (Shutterstock)
November 7th, 2018 - 08:06 GMT

Will Egypt Be Able to Repay Its $1.2 Billion Debts to Foreign Oil Companies?

Attendees during the event
November 7th, 2018 - 07:56 GMT

KPMG in Bahrain Celebrates Its’ 50th Anniversary

Whether the couple wants to host an intimate gathering or a grand affair, the resort provides distinctive setting in an array of venues heralding a new pinnacle of luxury.
November 7th, 2018 - 07:50 GMT

Al Raha Beach Hotel Offers a Perfect Ambiance for Hosting Your Once-in-a-Lifetime Moment

Hanadi Khalife, director of MEA and India operations at IMA
November 7th, 2018 - 07:36 GMT

IMA Selects Top Students From the Region to Attend the Student Leadership Conference Held in the United States

JGE encompasses two Greg Norman-designed Championship layouts in the Earth and Fire courses.
November 7th, 2018 - 07:25 GMT

Jumeirah Golf Estates Responds to Market Demand With Exclusive Offer for Alandalus and Redwood Park at DPWTC

U.S. President Donald Trump is cautious about the effects his sanctions will have on global oil markets. (AFP)
November 7th, 2018 - 07:20 GMT

Triggered by Oil Prices, Trump Changes Rhetoric on Iran Sanctions

Eni said it was not present in Iran and that the overall impact of the waiver granted to Italy was marginal for its business. (Shutterstock)
November 7th, 2018 - 07:16 GMT

Italy's Eni Contemplating Iranian Crude Despite Sanctions

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