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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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One is the massive local and global demand for hashish, currently being supplied by what Mansour said was an estimated 480 tons of hashish produced in Lebanon in the past seven years. (Shutterstock)
January 24th, 2019 - 11:21 GMT

Once Switzerland of the Mideast, Will Beirut Be the Amsterdam of This Region?

Lebanon is traditionally an arena for Saudi and Iranian influence and rivalry, but this has had a detrimental effect on the country's delicate politics, with both regional powerhouses seen as divisive. (Shutterstock)
January 24th, 2019 - 11:13 GMT

Will Saudi Support Lebanon After Qatar's Pledge?

The forecasts are for cyber insurance to keep expanding at a breathless pace, with turnover likely to exceed $8 billion by 2020, according to Morgan Stanley. (Shutterstock)
January 24th, 2019 - 10:31 GMT

The Importance of Cyber Insurance for Businesses

The $2.5 billion investment marks a rapid increase in the pace of Saudi investments in Russia. (Shutterstock)
January 24th, 2019 - 10:25 GMT

Russia Declares That Saudi Investments Reach $2.5 Billion

Royal Jordanian’s (RJ) flights to Syria have been suspended since 2012, and the route of its operations between Amman and Beirut was changed. (Shutterstock)
January 24th, 2019 - 10:20 GMT

Jordan Mulls Resuming Flights to Syria

Five countries have submitted their requests for the establishment of two nuclear reactors in Saudi Arabia on the Arabian Gulf coast. (Shutterstock)
January 24th, 2019 - 10:11 GMT

5 Countries Eye Building 2 Nuclear Reactors in Saudi Arabia

The value of these projects is expected to amount to about seven billion dollars (SR26.25 billion) (Shutterstock)
January 24th, 2019 - 09:40 GMT

Saudi Arabia to Implement 12 Renewable Energy Projects Worth of $7 Billion

European-backed system to facilitate non-dollar trade with Iran is aimed at circumventing US sanctions. (Shutterstock)
January 24th, 2019 - 09:00 GMT

EU to Launch New Trade Mechanism With Iran to Bypass US Sanctions

Iran and Iraq are keen on bolstering their bilateral trade that stands at nearly $11 billion. (Shutterstock)
January 24th, 2019 - 08:53 GMT

New Border Crossing Between Iran, Iraq to Facilitate Trade

Dubai will source eight per cent or at least 1000 megawatts of its over-all power requirements from renewable energy sources by next year. (Shutterstock)
January 24th, 2019 - 08:48 GMT

Renewable Energy to Produce 8 Percent of Dubai's Power

The oil was discovered at a depth of 3,770 meters and has an API gravity of 40 which is “very light and sweet. (Shutterstock)
January 24th, 2019 - 08:37 GMT

New Oil Discovery in Iran

Emaar, Dubai Multi Commodities Centre launch 200 units in Dubai Hills Estate. (Shutterstock)
January 24th, 2019 - 08:07 GMT

Buy a House in Dubai and Get a Free Trade License

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