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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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Four international investment banks have been selected by Egypt to issue the dollar-denominated bonds. (Shutterstock)
January 29th, 2019 - 09:24 GMT

Egypt to Issue New Dollar Bonds for First Time in 2019

The Islamic Republic is about to launch its own state-backed cryptocurrency. (Shutterstock)
January 29th, 2019 - 09:10 GMT

Iran to Unveil Its Own State-Backed Cryptocurrency This Week

The agreements covered a range of fields including economy, culture, education, infrastructure, investment and housing. (Shutterstock)
January 29th, 2019 - 09:07 GMT

Syria and Iran Sign Economic Agreement to Strengthen Cooperation

The program aims to transform Saudi Arabia into an “industrial powerhouse,” reduce the reliance on imports, and boost the economy. (Shutterstock)
January 29th, 2019 - 09:04 GMT

Saudi Industrial Program to Attract $450 Billion of Investments, Create 1.6 Million Jobs

The approved projects include design, construction, finance, operation, maintenance of buildings and transfer of ownership of all schools will cost around QR4 billion. (Shutterstock)
January 29th, 2019 - 07:34 GMT

Qatar to Build 45 Schools With QR4 Billion Worth of Investments

Pakistan will allow e-visas to 175 countries, visa on arrival for 50 countries and business visas to 98 countries. (Shutterstock)
January 29th, 2019 - 07:25 GMT

UAE Nationals to Get Visa on Arrival in Pakistan

29,000 Kuwaiti women have been ordered arrested and banned from traveling among the 170,000 Kuwaitis listed, along with 30,000 expats. (Shutterstock)
January 28th, 2019 - 01:13 GMT

Kuwait Bans More Than 200,000 Nationals and Expats from Traveling

Jordan will look to increase connectivity with its neighbors in order to improve efficient use of electricity in the region. (Shutterstock)
January 28th, 2019 - 01:05 GMT

Jordan Mulls Expanding Its Solar Power Production With Saudi Arabia

The total number of licenses issued reached more than 40,000. (Shutterstock)
January 28th, 2019 - 08:58 GMT

More Than 40,000 Driving Licenses Issued for Women in Saudi Arabia

Thee oil sector is currently working on an integrated plan for the development of the petrochemicals industry. (Shutterstock)
January 28th, 2019 - 08:43 GMT

Egypt Plans to Launch International Tenders for Oil, Gas Exploration in Red Sea Region

Qatar imported goods worth QR9.5 million and exported products worth QR25.4 billion. (Shutterstock)
January 28th, 2019 - 08:41 GMT

Qatar’s Trade Surplus Exceeds $4 Billion in December

The UAB noted in a recent study that it is expected that fintech will revolutionise the provision of traditional financial services and reshaped the financial landscape in Arab banks. (Shutterstock)
January 28th, 2019 - 08:37 GMT

How Egypt's Banks Adopt Digitisation and Fintech

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