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King Charles
October 14th, 2025 - 07:12 GMT
Sally Shakkour

Sally Shakkour

King Charles' wealth surpasses his late mother Queen Elizabeth

ALBAWABA - King Charles III's wealth has seen a significant jump in 2025, according to the latest The Sunday Times Rich List. The British King's wealth increased by around $40 million to £640 million ($854 million) in just one year. According to the media, King Charles' wealth has surpassed that of his late mother, Queen Elizabeth II, which was estimated in 2022 at approximately $493 million. An old image of ...
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An increase in the risks related to the country’s considerable external debt and the weakening in previously supportive credit fundamentals were the main factors for the rating cut. (File photo)
September 25th, 2016 - 06:30 GMT

Turkey's credit rating downgraded to junk status in coup aftermath

Initially, Dubai’s broader medical tourism plan is focusing on elective procedures, like aesthetic and weight loss surgeries. (File photo)
September 25th, 2016 - 05:53 GMT

Nip, tuck: Dubai's grand plans for being a major player in medical tourism

The purchase agreement was signed last year in Paris in the presence of Deputy Crown Prince and Minister of Defense Muhammad Bin Salman. (File photo)
September 25th, 2016 - 04:17 GMT

Saudia's Boeing and Airbus purchases boost fleet by 63 aircraft

Al Olayan also appears on Forbes’ list of the “World’s 100 Most Powerful Women”. (World Economic Forum)
September 22nd, 2016 - 11:30 GMT

Saudi Arabia’s Lubna Al Olayan is the most powerful woman in the Arab world: Forbes

The halal market could be the biggest industry in the world by 2030 but is currently let down by a lack of unified international standardisation or accreditation. (File photo)
September 22nd, 2016 - 10:20 GMT

IHAF to establish halal global accreditation standards

Falah Al Amri, Iraqi governor to OPEC and Director General of Iraq’s Oil Marketing Co, known as SOMO. (YouTube)
September 22nd, 2016 - 08:30 GMT

Iraq raises expectations for Algiers oil meeting

Tariffs of private generators remain uncontrolled and unregulated, and are set randomly despite a general weekly pricing guidance published by the government. (File photo)
September 22nd, 2016 - 07:30 GMT

OPINION: Outdated electricity policies leave Lebanon in the dark

The conflicting regulations on wheat imports led to disturbances in the market as several shipments were rejected at the ports en route to Egypt. (File photo)
September 22nd, 2016 - 06:49 GMT

Egypt reinstates old wheat policy after decline in imports

Fujairah Port is already the world's second largest bunkering hub. (FujairahPort.ae)
September 22nd, 2016 - 05:00 GMT

UAE opens country's first VLCC berth in Fujairah

The US licenses contain strict conditions to ensure that the planes will be used exclusively for commercial passenger use and cannot be resold or transferred to a designated entity. (File photo)
September 22nd, 2016 - 04:26 GMT

US grants licenses to Iran for aircraft sales to proceed

The Bahrain Asian Traders Committee plans roadshows in South Korea, the Philippines, Sri Lanka and other Asian countries to promote Bahrain as an ideal investment destination. (File photo)
September 21st, 2016 - 12:00 GMT

'Reinvest in Bahrain' campaign launched to boost local economy

The merger between First Gulf Bank and National Bank of Abu Dhabi is a trend that is likely to continue as banks look at improving efficiency. (File photo)
September 21st, 2016 - 11:00 GMT

GCC banking sector faces declined growth in 2016: S&P

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