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BUSINESS

BUSINESS latest

Trump on Independence Day
July 5th, 2026 - 08:27 GMT
P. Choiaqo

P. Choiaqo

Almost one million Trump crypto investors lost $3.8 billion on memecoin

ALBAWABA - According to a report by the cryptocurrency analytics firm Nansen, almost a million people who bought Trump’s memecoin have lost an estimated total of $3.8 billion. Trump released the coin three days before his inauguration as president, posting on his Truth Social account: “It’s time to celebrate everything we stand for: WINNING!” Mr. Trump wrote on social media. “Join my very special Trump community. GET YOUR $TRUMP NOW!” ...
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This is the largest electric speed train project in the Middle East and an important addition to the Kingdom’s railway system. (Shutterstock)
October 1st, 2018 - 06:01 GMT

Opinion: Saudis Are Not Happy With the Haramain Express Train

Between January and August 2018, passengers travelling via QAIA amounted to 5,804,735. (Shutterstock)
October 1st, 2018 - 05:57 GMT

Queen Alia Airport Hits the 1 Million Passengers Sweet Spot for First Time in History

The MEC said the recall campaign comes within the framework of its ongoing efforts to protect consumers and ensure that automobile dealers follow up on vehicles’ defects and repair them. (Shutterstock)
October 1st, 2018 - 05:53 GMT

Toyota, Mercedes, Recalled From Multiple MENA Markets for These Reasons

Bank ABC is a leading player in the region’s banking industry and provides innovative wholesale financial products and services.
October 1st, 2018 - 05:43 GMT

Bank ABC Appoints Amr El Nokaly As Group Head of Corporates

The MoU was signed by Mr. Khalifa AlDaboos, Managing Director of DAE and Prof. Dr. Ahmad Al Ali, Vice Chancellor of EAU at the University in Academic City, Dubai.
October 1st, 2018 - 05:36 GMT

DAE Signs MoU With Emirates Aviation University to Cooperate on Learning and Work Experience Programs

‘Art Trail’ tours at Qatar Foundation.
October 1st, 2018 - 05:23 GMT

Qatar Foundation’s ‘Art Trail’ Returns With Three New Locations

Property buyers will be provided with a rare opportunity to move into their new homes by the end of 2018.
October 1st, 2018 - 05:12 GMT

Eagle Hills Diyar Launches 2-Year Post-Handover Payment Plan on Ready Properties

Oman has strong bilateral relations with Greece and the introduction of this new flight will certainly help strengthen relations even further. (Shutterstock)
October 1st, 2018 - 05:06 GMT

Oman Air Flies to Athens Starting June 2019

A gain of more than 1 percent in Industries Qatar and Qatar National Bank lifted Qatari stocks by 0.8 percent in early trade. Stocks in oil producing countries are showing strong momentum with oil prices at a four-year high, as US sanctions on Tehran squeezed Iranian crude exports. (Shutterstock)
October 1st, 2018 - 05:00 GMT

Strong Oil Prices Boost GCC Stocks, Led by Qatar and Saudi

Gartner researchers has put a figure of $155 billion on MENA region IT spending in 2018, with banking and securities firms leading spending growth. (Shutterstock)
October 1st, 2018 - 04:52 GMT

MENA Finance Firms Spend $155 Billion in Digital Disruptive Technologies

The Saudi debt management office expects $11 billion of inflows as a result of the entry into the indexes, the Saudi ministry of finance said in a statement. (Shutterstock)
October 1st, 2018 - 04:42 GMT

JP Morgan Bond Index Entry to Inject Saudi Arabia With $11 Billion

The Houthi's Masirah TV earlier said, without providing evidence, a Sammad-3 drone had launched a drone attack on the airport. (Shutterstock)
October 1st, 2018 - 04:34 GMT

UAE Denies Houthis Strike, Dubai International Airport Operating as Normal

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