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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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Legislation and Opinion Bureau President Nofan Ajarmeh said that the bill did not criminalise any new actions, but it criminalised some deeds that are perpetrated through technological means that do not accord with the values and morals of the society. (Shutterstock)
October 9th, 2018 - 05:47 GMT

Jordan's New Cybercrime Law: A Hate Speech Monitor or a Press Muzzle?

The ministry also announced the continuation of its joint labour inspection campaigns in all industrial, commercial, service and agricultural establishments across the Kingdom. (Shutterstock)
October 9th, 2018 - 05:38 GMT

Jordan to Intensify Crackdown on Illegal Migrant Workers

Lebanon, where winemaking dates back to the ancient Phoenicians, lies further south than most northern hemisphere wine-producing nations. (Shutterstock)
October 9th, 2018 - 05:38 GMT

The $500 Million Lebanese Wine Industry Is a Lifeline for Villages

Microsoft will create over 63,400 jobs in the Kingdom of Saudi Arabia. (Shutterstock)
October 9th, 2018 - 05:31 GMT

Saudi Arabia to Launch 63,400 New Job Opportunities

"At the beginning of the blockade, Qatar Airways predicted huge loss of over $1 billion, but we worked hard to exploit opportunities on new routes and the company's financial loss amounted to only $69 million," Qatar Airways Group CEO Akbar al Baker said. (AFP)
October 9th, 2018 - 05:28 GMT

Qatar Airways to Reach 250 Destination by 2020 Despite Blockade

Struggling social network gets a minus for security. (Shutterstock)
October 9th, 2018 - 05:24 GMT

Google+ to Shut Down Following Disastrous 500,000 Users Data Breach

The unemployment is now over 50 percent – and over 70 percent among Gaza's youth. (Shutterstock)
October 9th, 2018 - 05:19 GMT

Unemployment in Gaza Reaches 50 Percent

We all know how competitive the job market can be, job seekers need to distinguish themselves from other candidates. (Shutterstock)
October 9th, 2018 - 05:19 GMT

4 Reasons Why You Are Not Finding the Job You Want

During the signing ceremony
October 9th, 2018 - 05:12 GMT

The Supreme Legislation Committee, Dubai Competitiveness Office & Smart Dubai Office Become Strategic Partners for Dubai 10X Initiative

Erdogan added Turkey is “far from needing” a loan or technical assistance from the IMF. (Shutterstock)
October 9th, 2018 - 05:08 GMT

Turkey Rules out Any Assistance From IMF

Ihab Hinnawi, Chief Executive Officer of Batelco Group
October 9th, 2018 - 05:05 GMT

Batelco Group Participates In ‘Telecom World Middle East 2018’ Conference

The prince said the figure he’s watching is the share of wages in the budget. He said it’s down from 50 per cent in 2015 to 42 per cent today, and “in 2020, I believe it will be below 40 per cent.” (Shutterstock)
October 9th, 2018 - 05:02 GMT

Rising Unemployment and Decreasing Foreign Investment Are Not Deterring Bin Salman

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