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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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The WISH Young Innovators program provides a platform for tomorrow's most promising healthcare leaders to present their innovations to delegates attending WISH 2018.
October 3rd, 2018 - 08:13 GMT

WISH Gives Young Healthcare Innovators From 10 Countries a Platform to Shine at 2018 Summit

A foundation initially collected Dh450,000 and that amount has jumped to Dh600,000 in almost one month. (Shutterstock)
October 3rd, 2018 - 07:44 GMT

400 UAE Expat Students Receive Dh 600,000 in Financial Aid

The government announced earlier that it plans to raise a stake in Banque du Caire on the EGX, as part of its plan to float shares of public companies and banks on the stock exchange to raise between EGP 6bn and EGP 8bn per year. (Shutterstock)
October 3rd, 2018 - 07:38 GMT

Banque Du Caire Will Go Public, Raising up to EGP 8 Billion per Year

Essam al-Zamil was charged with a range of accusations, including membership of a terrorist organization. (PressTV)
October 3rd, 2018 - 07:29 GMT

Saudi Charges Economist Issam Al Zamil With "Terrorism" Because of His Critical Views on Bin Salman's Vision

EU member states will set up a legal entity to facilitate legitimate financial transactions with Iran. (Shutterstock)
October 3rd, 2018 - 07:18 GMT

Here's Why EU's Plan to Help Iran Ahead of US Sanctions Can Be Problematic

In regards to debt instruments, the minister explained that Egypt is facing challenges, in terms of high interest rates, foreigners’ liquidation and market exit, whether in government financial instruments or the stock market. (Shutterstock)
October 3rd, 2018 - 07:14 GMT

Egypt Sets 4-Year Limit to Reduce Public Debt to 70 Percent

From CES to CeBIT - here's the events you need to know about. (TechRadar)
October 3rd, 2018 - 07:11 GMT

We Compiled the Ultimate B2B Tech Events in 2018 for You

KIF 2018 announced a series of projects across diverse sectors of the economy from infrastructure development, renewable energy, to the digital transformation initiatives of the country. (Shutterstock)
October 3rd, 2018 - 07:00 GMT

Kuwait Is Ready for Your Investments; Here's How

In order to implement these energy programs and projects, the Kingdom attaches great importance to the issue of encouraging investment in the energy sector in general and in the renewable energy sector in particular. (Shutterstock)
October 3rd, 2018 - 06:59 GMT

Morocco Vows to Invest Over $ 40 Billion in Energy Sector by 2030

GCC banks have now recognized most of the impact of the softer economic cycle on their asset quality. (Shutterstock)
October 3rd, 2018 - 06:55 GMT

Report: GCC Banks to Stay Strong Next Year, but With Conditions

The new online service called BuyBack Bazaar enables access to instant cash to customers who sell their possessions such as a phone or laptop and then have the option to buy it back at a later date. (Shutterstock)
October 3rd, 2018 - 06:48 GMT

Have Anything to Sell in the UAE? New Platform Promises Instant Cash!

HRH Prince Albert II as he passes by Gulf Craft's superyachts in Monaco Yacht Show 2018.
October 3rd, 2018 - 06:47 GMT

Gulf Craft Continues Its Highly Successful Voyage After an Impressive Participation at Monaco Yacht Show

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