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Main headlines latest

Global economy faces fragile start to 2026
January 1st, 2026 - 09:24 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Global economy faces fragile start to 2026

ALBAWABA- As 2026 begins, the world economy faces heightened uncertainty, driven by regional conflicts, trade tensions, and risks from the artificial intelligence (AI) sector. The IMF’s latest World Economic Outlook warns that global growth remains weak, with financial market fragility and labor pressures skewing risks to the downside. In the United States, President Donald Trump’s “Liberation Day” tariffs in April 2025 sparked market disruption, while AI stocks, accounting for one-third ...
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With oil prices down by approximately 65 percent compared to their mid-2014 levels, total earnings combined at the six companies declined 34 percent in 2015. (File photo)
April 21st, 2016 - 05:00 GMT

Negative outlook for oil companies as Fitch predicts 22 percent fall in earnings

In November, Russia issued an immediate suspension of all commercial flights to and from Egypt, pending a report on the status of security procedures at Egyptian airports. (File photo)
April 21st, 2016 - 04:15 GMT

US, Russia conduct Egypt airport security review

The Secretary-General of Hezbollah Sayyed Hasan Nasrallah has denied that the party deals with any Lebanese or foreign banks. (File photo)
April 20th, 2016 - 01:00 GMT

Lebanese banks accepting Hezbollah MP's salaries will face US sanctions

Islamic finance will likely remain a moderate contributor due to the industry's small size and the issues it has yet to resolve to unlock its global potential. (File photo)
April 20th, 2016 - 11:00 GMT

Islamic finance assets estimated at $2.1T in 2015: S&P

The bill will now go to the Guardian Council, the constitutional supervisory body, for ratification before becoming law. (Wikimedia Commons)
April 20th, 2016 - 10:00 GMT

Iran's lawmakers propose $330B budget that doubles oil exports

French President Francois Hollande (C) delivers a speech as Defence Minister Jean-Yves Le Drian (C-L) watches on at the Prince Hassan French military base, some 100 kilometres from the Jordanian capital Amman on April 19, 2016. (AFP/Stephane de Sakutin)
April 20th, 2016 - 09:00 GMT

Hollande in Jordan: France aims to be top tier investor

Alabaar is also the founder and a major shareholder of Singapore-based marketer, distributor and retailer RSH, which has more than 70 international fashion and lifestyle brands and 700 outlets. (The Fashion Spot)
April 20th, 2016 - 08:00 GMT

Alabaar invests $113M in online fashion retailer Yoox Net-A-Porter

Kuwaiti oil workers arrive at the union headquarters in Al-Ahmadi, 35 km south of Kuwait city, on April 17, 2016. (AFP/Yasser Al-Zayyat)
April 20th, 2016 - 07:00 GMT

Kuwait’s oil and gas workers end strike

Over 1,100 people in the UAE's banking sector have lost their jobs since last year. (Emirates NBD)
April 20th, 2016 - 06:00 GMT

Emirates NBD cuts 300 jobs in latest industry cull

Iconic Warner Bros characters at Warner Bros Movie World in Australia. (Pinterest)
April 20th, 2016 - 05:00 GMT

Warner Bros World theme park to open in Abu Dhabi

Kuwaiti oil workers at the union headquarters in Al-Ahmadi, 35 km south of Kuwait city.  (AFP/File)
April 19th, 2016 - 01:00 GMT

Kuwait oil workers strike cripples 60 percent of production

French President Francois Hollande (C), flanked by Egyptian Minister of Transports Gallal al-Said (L) and Head of the National Authority of Tunnels (NAT), Ismael al-Nagdi, visits the third line of Cairo's metro which is under construction, on April 18, 2016. (AFP/Stefane de Sakutin)
April 19th, 2016 - 12:00 GMT

Egypt, France sign 18 MoUs during Hollande's visit

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