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Iran $300 Billion
June 16th, 2026 - 10:08 GMT
P. Choiaqo

P. Choiaqo

Trump slams $300 billion payment to Iran as ‘fake news’

ALBAWABA - The $300 billion figure has been circulating recently in relation to a potential payment to Iran as part of a peace agreement, with U.S. President Donald Trump rejecting the notion as ‘fake news’. "The story that the US is paying Iran 300 million dollars is fake news," Trump said in a post. While he cited 300 'million, not billion', it seems unclear whether this is the same sum ...
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Kuwait is pumping around 3 million barrels per day of oil
July 16th, 2013 - 11:26 GMT

Kuwait discovers new oil field

Iran plans to increase its steel output to more than 24 million tons by the end of the Iranian calendar year
July 16th, 2013 - 09:55 GMT

Iran crude steel output hits 3.8mln tons

In June, Washington granted new waivers to China, India, South Korea, and six other countries from the sanctions on Iran
July 16th, 2013 - 07:55 GMT

South Korea vamps up Iranian oil imports

People who use Facebook in Saudi Arabia will be notified about the Hijri calendar option
July 16th, 2013 - 05:49 GMT

Islamic Hijri calendar now available on facebook

The Ramadan promotion at the cooperative includes 400 items that are offered at a discounted price of up to 50 per cent
July 16th, 2013 - 05:41 GMT

UAE starts probing its markets

The 50-day average for trading volume is closer to 234.7 million shares
July 15th, 2013 - 02:55 GMT

Saudi Arabian Real Estate sector on the rise

The combined annual production of 2 billion cubic feet (bcf) at the Helium 1 and 2 plants will help meet around 25 per cent of current global demand
July 15th, 2013 - 12:55 GMT

Qatar becomes 2nd largest helium producer on the planet

A decision was made that Pakistan would provide the wheat and rice instead of cash and Tehran has agreed to it
July 15th, 2013 - 10:55 GMT

Iran agrees to barter wheat from Pakistan

The average monthly blackouts in Bahrain have been cut from 12 hours in 2010 to 3.6 hours last year
July 15th, 2013 - 08:55 GMT

Bahrain sees significant drop in summer power cuts

Kuwait's aid package would comprise a $2 billion central bank deposit, a $1 billion grant and $1 billion in oil products
July 15th, 2013 - 06:05 GMT

Kuwait sends $200 million worth of oil to Egypt

The consumer price inflation was 0.9 per cent during the first half of 2013
July 15th, 2013 - 05:39 GMT

UAE consumer price inflation under control, says senior government official

Mobile billing revenues worldwide are expected to rise by $13bn per year by 2017
July 14th, 2013 - 02:55 GMT

Over 80 million people in Middle East and Africa will turn to mobile banking by 2017

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