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Massive reward offered for missing pilots as Iranian TV urges citizens to shoot jets
April 3rd, 2026 - 03:09 GMT
Osama Ali

Osama Ali

Massive reward offered for missing pilots as Iranian TV urges citizens to shoot jets

ALBAWABA - Iranian state media has offered a cash reward for the apprehension of a U.S. pilot who was allegedly ejected over southwest Iran and has urged locals to help find him. The declaration, which was shown on state television, is indicative of growing tensions that are influencing the geopolitical and economic risk environment in the area. The pilot is reportedly said to have parachuted from a fighter plane at ...
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The popular U.S.-based website recently published a list of “9 Places You Absolutely, Positively Must See Before You Die,” with Lebanon coming in at number six behind Santorini, Greece, and just before London.
May 12th, 2014 - 05:55 GMT

Just in time for summer: Huffington Post declares Lebanon one of the world's top 9 places you must 'absolutely, positively' see

Kuwait began importing LNG in 2009 and signed deals with Shell and Swiss-based trader Vitol to supply it from April to October, the period of peak power demand, for the last four years.
May 12th, 2014 - 03:55 GMT

What oil? Kuwait signs $12 billion LNG deal with Shell

Al Bawaba
May 12th, 2014 - 03:55 GMT

The perfect gift: Saudi Arabia to offer Egypt $3 billion worth of oil this summer

The interim government’s stimulus plan, which was said to span between six to nine months starting from late August 2013, amounts to EGP 29.6bn and aimed at generating 3% economic growth over the fiscal year 2013/2014.
May 12th, 2014 - 02:55 GMT

Ready to be stimulated: Egypt's first stimulus package projects 'almost done'

Al Bawaba
May 12th, 2014 - 02:55 GMT

A tad too demanding? Egypt's government expecting private sector to deliver 67% of economic activity

Eight of KSE’s sectors ended last week in the red zone, three recorded increases, whereas the Health Care sector’s index closed with no change from the week before
May 12th, 2014 - 02:55 GMT

Kuwait bourse slips for third week in a row

Qatar’s bourse has officially reported that the combined first-quarter net profit of all but two companies amounted to QR11.1 billion, up 8.6 per cent year on year.
May 11th, 2014 - 07:25 GMT

Dubai bourse 'miles ahead' its Gulf counterparts

The Qazvin-Rasht-Astara railway is estimated to carry 1.4 million passengers and 5-7 million tons of cargo per year.
May 11th, 2014 - 04:57 GMT

Common problems, common solutions? Russia to build Iran's massive railway network

Al Bawaba
May 11th, 2014 - 04:33 GMT

Persistent bottlenecks: Iran still unable to sell its petrochemicals to Europe

Lebanon’s primary budget turned negative in 2012 and deteriorated further in 2013 to 141 percent of GDP as the government came under pressure to spend and economic activity dropped, the IMF report said.
May 11th, 2014 - 05:00 GMT

The usual know-it-all attitude: the IMF unveils its projections for the Lebanese economy

Fawry is a bilingual Arabic-English platform which allows customers to pay for services either online, via mobile phone, or at a point of sale machine.
May 11th, 2014 - 04:55 GMT

For once, it's Egypt 'aiding' the Gulf: electronic payment platform 'Fawry' to make it to GCC

Over the years, GE has developed several successful co-op programs with leading Saudi institutions
May 11th, 2014 - 03:55 GMT

General Electric to give Saudi women scholarships

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