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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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To be known as 'The House', the project is the result of a unique collaboration between the airline and the award-winning lounge provider.
October 3rd, 2018 - 06:39 GMT

Etihad Airways and No1 Lounges Launch ‘The House’

‘Journey of Health’ was initially introduced in Jeddah and it gathered high footfall and favorable feedback from the attendees.
October 3rd, 2018 - 06:31 GMT

Bupa Arabia Holds First-Ever Journey of Health in Riyadh

Sudhakar Rao, Chairman of Gemini Property Developers
October 3rd, 2018 - 06:23 GMT

Gemini Property Developers Commences Handover of Dh300 Million ‘Splendor Project’

Mr. Hisham Alrayes, CEO of GFH
October 3rd, 2018 - 06:12 GMT

GFH Signs to Acquire $200 Million Sukuk From Al Rajhi Bank

During the event
October 3rd, 2018 - 05:14 GMT

Sodic Recognized As the Leading Corporate for Investor Relations in Egypt by the Middle East Investor Relations Association 'MEIRA'

The Borrowed Dress landed its world premiere at the 3rd Karama Beirut Human Rights Film Festival in Lebanon.
October 3rd, 2018 - 05:06 GMT

The Borrowed Dress Screens at the Malmö Arab Film Festival in Sweden

EY Iraq is the first EY office in the Middle East region and is the largest firm of its kind in the country.
October 3rd, 2018 - 04:57 GMT

EY Iraq Collaborates With Morgan International

According to IPIC's announcement, the request to bondholders covers holders of $1.5 billion IPIC bonds due in 2020, EUR 1.25 billion bonds due in 2021 as well as $1.5 billion due in 2022 and EUR 850 million due in 2023. (Shutterstock)
October 3rd, 2018 - 04:25 GMT

Mubadala, IPIC to Start $6 Billion Debt Reorganisation

Development will continue, but technology will drive its progress, is the message the city wants to convey to investors and expats. (Shutterstock)
October 3rd, 2018 - 04:09 GMT

Opinion: Dubai Still Has Space to Grow

Muscat, the capital, recorded the highest number of arrests with 380 followed by A'Dakhiliyah governorate with 60. During the same week, 386 violating labourers were deported. (Shutterstock)
October 3rd, 2018 - 03:50 GMT

Oman Cracks Down on Expats With 600 Arrests in a Week

The Kingdom plans to build two large nuclear power reactors as part of a program to deliver up to 16 nuclear power plants over the next 20 to 25 years at a cost of more than US$80 billion. (Shutterstock)
October 3rd, 2018 - 03:40 GMT

Opinion: Saudi Should Go Nuclear

During iPhone launch event.
October 2nd, 2018 - 11:42 GMT

iPhoneXs and iPhoneXs Max Now Available From Ooredoo

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