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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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The new measures appear to be a response to directives issued by Saudi’s King Salman earlier this month, designed to protect foreign workers and guarantee they are paid. (File photo)
August 29th, 2016 - 06:00 GMT

Saudi labor ministry to provide legal aid in unpaid expat workers' disputes

Airport fees have until recently been avoided by Gulf states as they seek to gain a competitive advantage for business and to become regional hubs.  (Flickr/Mohamod Fasil)
August 29th, 2016 - 05:00 GMT

Qatar to introduce airport passenger tax from August 30

Oil producing countries will hold an informal meeting in Algeria next month though it looks unlikely that they will reach an agreement to cut or freeze production to prop up oil prices.  

 (File photo)
August 29th, 2016 - 04:13 GMT

UAE to raise petrol prices in September

Uber and Careem suspended their operations in Abu Dhabi as of yesterday, August 27. (File photo)
August 28th, 2016 - 12:00 GMT

Uber, Careem suspend services in Abu Dhabi

Cuts would focus on areas where there are already a high number of Kuwaiti, GCC and Bedouin teachers, such as in social sciences. (Pixabay)
August 28th, 2016 - 11:23 GMT

Kuwait to sack hundreds of expat teachers in bid to reach 25 percent Kuwaitization

Egypt's cotton output has been declining for the past decade after farmers failed to adapt to shifting consumer demand for mass-produced items made from short- or medium-staple fiber, according to USDA. (Welspun India)
August 28th, 2016 - 10:00 GMT

False labelling scandal in US reveals reality of decline in Egyptian cotton manufacturing

In July, Iran produced around 3.6 million bpd, 17 percent higher than during the first quarter of the year when initial production considerations emerged. (File photo)
August 28th, 2016 - 09:00 GMT

Iran to attend OPEC meeting, but will defend 'right to market share'

The acquisition of Digiturk represents the largest deal in BeIN's history and a major milestone in their global expansion. (File photo)
August 28th, 2016 - 08:00 GMT

BeIN gains strong foothold in Turkey with Digiturk acquisition

Saudi Energy Minister Khalid Al Falih stated that huge emphasis will be put in the future on foreign investments. (File photo)
August 28th, 2016 - 07:00 GMT

Saudi Aramco courts international investors to underwrite shares

The initiative was taken voluntarily by 39 international pharmaceutical companies, saving up to Dh267 million for patients in one year.  (File photo)
August 28th, 2016 - 06:00 GMT

UAE slashes prices on 762 medicines

Unplanned oil production outages in a number of OPEC countries also contributed to lower export earnings.  (AFP/File)
August 28th, 2016 - 05:00 GMT

OPEC earnings drop to lowest level since 2004

The scale of corruption in the wheat scandal is estimated at one billion pounds. (PressTV)
August 28th, 2016 - 04:00 GMT

Egypt's Minister of Supplies resigns amidst wheat corruption probe

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