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Kaja Kallas
December 12th, 2025 - 11:13 GMT
Osama Ali

Osama Ali

EU's permanent freeze on Russian assets sets stage for new confrontation with Moscow

ALBAWABA - The European Union has agreed to freeze €210 billion in Russian assets for an indefinite period of time. Moscow called this a hostile escalation that will have "severe consequences." The move is one of the bloc's strongest economic actions since the war in Ukraine began. Kaja Kallas, the EU's foreign policy chief, said that the assets will stay frozen until Russia pays full compensation for the damage it ...
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Much of this growth in insurance is attributable to increased consumer awareness about the benefits of insurance
May 28th, 2012 - 12:34 GMT

Bahrain insurance sector triples in size

To begin with the facility will be extended to cruise passengers to Dubai. The plan has been under discussion for almost three years
May 28th, 2012 - 10:12 GMT

Multiple entry visa will make life easier in UAE from September

Jordanian government unveiled new electricity rates carrying an average of a 12% increase on selected sectors
May 28th, 2012 - 07:47 GMT

Jordan's temporary power price peak

Prices of the 95-Octane gas were raised from JD0,795 to JD1 per litre and “adjust” those of liquid gas sold in bulk
May 27th, 2012 - 06:45 GMT

Jordan's government racks up gas price to match electricity inflation

Majority of MPs voted in favour of a proposal by nine of their colleagues to deduct a certain percentage of lawmakers’ salaries to support the troubled Treasury
May 24th, 2012 - 07:50 GMT

Jordan's lower house gives up 15% salaries to treasury

Prime Minister Najib Mikati announced that a revised version of the 2012 budget will be sent to the Parliament later this week
May 23rd, 2012 - 11:02 GMT

Lebanon leans on private sector to close the deficit gap

The price of 98-octane graded fuel now stands at LL36,000 while the price of 95-octane graded fuel is LL35,300
May 23rd, 2012 - 08:07 GMT

Gasoline prices plummet in Lebanon

The social networking giant will be opening an office in Dubai Internet City
May 23rd, 2012 - 07:12 GMT

Facebook at work? They will be in Dubai

The drop is attributed to the wait-and-see mood impeding investors from initiating new projects on the back of fears that violence will spill over from neighboring Syria
May 22nd, 2012 - 12:31 GMT

Violence in Lebanon halts construction projects

The Twitter and facebook accounts were shut down for containing abusive or threatening material
May 22nd, 2012 - 12:24 GMT

Online censorship: UAE police shut down Facebook and Twitter accounts

Bahrain is focusing on upgrading the energy sector, diversify revenues and promote the Kingdom's status as a major investment destination.
May 22nd, 2012 - 11:49 GMT

Bahrain plans more oil excavation

The events raised questions on whether Lebanon would be able to attract the number of tourists and expats that it usually expects this time of year
May 22nd, 2012 - 11:39 GMT

Tourists cancel their Lebanese holidays as security situation deteriorates

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