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Main headlines

Main headlines latest

Zohran Mamdani
August 9th, 2026 - 08:42 GMT
P. Choiaqo

P. Choiaqo

Mamdani levies tax on luxury second homes, billionaires sue

ALBAWABA - Mamdani passes law taxing luxury second homes leading three New York billionaires to sue for failing to follow state notice requirements and setting off a “panic” in late July. The suit itself is not targeted toward the tax but toward Mamdani’s handling of the announcement of the tax with those suing citing the mayor’s office caused chaos after wrongly suggesting thousands of people might owe taxes on homes ...
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Trade between the two countries has consistently increased over the last few years
June 4th, 2013 - 12:28 GMT

Italy bet on UAE's success with $105.8 million last two years

The destinations with highest traffic were India, Germany, Saudi Arabia, Thailand and Pakistan.
June 4th, 2013 - 12:28 GMT

Over 5.2 million passengers used Abu Dhabi International Airport, 14% up

The successful commissioning of the thermal enhanced oil recovery (EOR) plant in West Amal defines PDO's changing portfolio.
June 4th, 2013 - 12:02 GMT

Enhanced oil recovery to account for 22% Oman's output

Al Bawaba
June 4th, 2013 - 10:08 GMT

Saudi Tadawul up to a two-week high

SEC has a track record of receiving ongoing financial support from the government in the form of long-term soft loans.
June 4th, 2013 - 10:06 GMT

S&P revises outlook on Saudi Electricity Co to positive

Al Bawaba
June 4th, 2013 - 09:56 GMT

Gold up 2% as dollar slump

Al Bawaba
June 4th, 2013 - 04:30 GMT

Emirates create $15bn Aluminium company in merger

Al Bawaba
June 4th, 2013 - 04:00 GMT

IATA increase mideast air industry profit forecast

Al Bawaba
June 3rd, 2013 - 12:18 GMT

Thai Islamic bank plans $235mln capital increase, Sukuk

Al Bawaba
June 3rd, 2013 - 11:22 GMT

Saudi labour launches salary control campaign

Al Bawaba
June 3rd, 2013 - 10:33 GMT

Value of Saudi traded shares reaches $3 bn in May

Al Bawaba
June 3rd, 2013 - 05:32 GMT

Kabariti, Rushoud hold talks with senior executives from Pacific Rim Energy

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