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A $1 Trillion Defense Shock: What Washington isn’t saying about the golden dome
November 7th, 2025 - 04:31 GMT
Osama Ali

Osama Ali

A $1 Trillion Defense Shock: What Washington isn’t saying about the golden dome

ALBAWABA - RosCongress, a Russian non-governmental group, says that the United States may spend more than $1 trillion over the next ten years on its large "Golden Dome" missile-defense program, which President Donald Trump has been pushing as a flagship program. The group says that the estimated cost includes research and development, making thousands of interceptor missiles, building a satellite network, and building the global infrastructure needed to run and ...
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Prominent handovers in 2018 include multiple project deliveries in Damac Hills, Hayat Townhouses and Bluewaters Residences. (Shutterstock)
February 10th, 2019 - 07:56 GMT

Properties in Dubai, Supply to Outpace Demand in 2019

Saudi Arabia based issuers led the GCC in 2018, raising a total of US$28.51 billion through 22 issuances and representing 31 percent of the total value raised in the GCC. (Shutterstock)
February 10th, 2019 - 07:42 GMT

GCC Sovereign and Corporate Issuances, Totaled Exceeds $153 Billion in 2018

More than 50,000 trade licenses were issued to women entrepreneurs last year. (Shutterstock)
February 10th, 2019 - 07:27 GMT

More Businesswomen in UAE, Few Represented in Company Boards

The industry had returned to $50 oil and it was enough to stimulate some significant hiring in the upstream sector. (Shutterstock)
February 10th, 2019 - 07:21 GMT

Recruitment Rate to Recover in Oil, Gas Industry

Christine Lagarde, International Monetary Fund chief. (AFP)
February 10th, 2019 - 07:14 GMT

IMF Chief: Corruption Is 'Key Threat' to Middle East Economies

OPEC has become a battleground for the rivalry between Saudi Arabia and Iran. (Shutterstock)
February 9th, 2019 - 11:28 GMT

Are We Witnessing the End of OPEC?

Bahrain’s potential for sky-high earnings for expats was central to its storming rise up the rankings this year, increasing 10 places on 2017. (Shutterstock)
February 9th, 2019 - 11:10 GMT

Bahrain Among Best Destinations for Expat Careers in 2019

UAE infrastructure spending will ramp up as Expo 2020 Dubai preparations gather pace. (Shutterstock)
February 9th, 2019 - 11:05 GMT

UAE’s Economy the Fastest Growing in GCC in 2019

The IMF also referred to the importance of the upcoming London conference to support Jordan’s economy and investment. (Shutterstock)
February 8th, 2019 - 11:43 GMT

IMF: Jordan’s New Measures to Help Its Economy Recover Despite Challenges

Lebanon has 143 digital actors (Shutterstock)
February 8th, 2019 - 10:47 GMT

Digitilization, Its Impacts and Challenges in Lebanon

Saudi Arabia has cut its crude output in January by about 400,000 barrels per day. (Shutterstock)
February 8th, 2019 - 10:38 GMT

Saudi Arabia Cuts Crude Output Below OPEC Target

The oil and gas industry spends billions of dollars on audit services and employs hundreds of employees working full-time on audit-related activities. (Shutterstock)
February 7th, 2019 - 01:16 GMT

Report: 5 New Technologies to Transforming Oil & Gas Audit

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