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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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Many FSIs have started embracing cloud technology and artificial intelligence (AI) to improve their own agility. (Shutterstock)
January 8th, 2019 - 12:14 GMT

How AI Is Transforming the Financial Services Industry

Dubai’s futuristic vision is shared globally. (Shutterstock)
January 8th, 2019 - 12:01 GMT

Dubai Aims at Becoming the World's First Smart City

Based on the report, Iran ranks first in the Middle-East region in nanoscience and nanotechnology. (Shutterstock)
January 8th, 2019 - 11:50 GMT

Report: Iran Ranks First in Middle East in Nanotechnology

The airline said this decision has been taken after a careful review of customer feedback and operational considerations. (File/Photo)
January 8th, 2019 - 09:44 GMT

Emirates Cancels the Chauffeur Service for These Passengers

The Minister of Commerce announced 35,000 jobs for Saudis around the Kingdom. (Shutterstock)
January 8th, 2019 - 09:34 GMT

Saudization Continues, 35,000 Jobs Announced for Saudis Only

Analysts say that the coming weeks could witness heavy volatility due to concerns regarding US government shutdown, Brexit uncertainty and flat global economic growth. (Shutterstock)
January 8th, 2019 - 09:15 GMT

Uncertainty Dominates the Oil, Equity Market Despite the Positive Momentum

Market likely to hit the bottom in a few months and pick up before Expo 2020. (Shutterstock)
January 8th, 2019 - 09:06 GMT

Dubai Real Estate Prices to Drop Down by 10 Percent

The phased growth plan will triple the scale of the financial hub. (Shutterstock)
January 8th, 2019 - 09:02 GMT

DIFC 2.0: Major Contributor to Shaping the Future of the World's Economy

The country is unlikely to make its debt sustainable through fiscal adjustment because that would require a sharp decline in interest rates or substantial economic growth. (Shutterstock)
January 8th, 2019 - 08:51 GMT

Would Restructuring the Debt Help Lebanon Avoid a Financial Crisis?

Kim, who had served in the role since 2012, announced on Monday that he would leave his post well ahead of his term's expiration at the end of 2021, reports CNN. (Shutterstock)
January 8th, 2019 - 08:08 GMT

World Bank President Resigns to Join Private Firm

Many were forced to cut their prices by 15-20 percent to attract buyers, yet even that did little to improve the property market. (Shutterstock)
January 8th, 2019 - 08:01 GMT

Report: Real Estate Sales in Lebanon Plummets in 2018

The case has rattled Nissan's alliance with French automaker Renault SA, where Ghosn still remains chairman and chief executive. (AFP)
January 8th, 2019 - 07:49 GMT

Nissan Ex-Chair Ghosn Claims Innocence in First Court Appearance

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