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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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Emirates NBD said it is also committed to extend special interest rates
May 29th, 2013 - 04:00 GMT

NBD and Dubai SME set up $13mln fund for Emirati businessmen

The Jordanian Royal Scientific Society is collaborating in the project
May 28th, 2013 - 11:19 GMT

Jordan to build solar energy station

This rapid growth was primarily driven by the services sector and the gas sector
May 28th, 2013 - 11:17 GMT

Non-energy to drive Qatar’s real GDP up 6.5% y-o-y

Hike will undoubtedly have a negative impact on the price of products for consumer
May 28th, 2013 - 11:04 GMT

Steel in Egypt to hike after pound devaluation

The 100MW plant will generate clean energy to power 20,000 homes in the UAE
May 28th, 2013 - 11:00 GMT

UAE solar power to reach 20GW by 2030, bid to meet growing demand

They urged the EBRD “to reject the loan, or at least postpone its decision”
May 28th, 2013 - 10:00 GMT

NGOs against European bank's plan to fund Egypt's oil drilling project

Taqa has completed the feasibility study for the power plant
May 28th, 2013 - 05:19 GMT

Taqa to construct $850mln power plant over environmental concerns

In the Middle East, gas is forecast to overtake oil in demand after 2025
May 28th, 2013 - 04:30 GMT

Gulf to award $68bln worth of gas contracts

The year to date traffic increased by 16.3 per cent to 21.9 million passengers
May 28th, 2013 - 04:30 GMT

Number of people flying through Dubai airport increases some 20%

The conference will cover an extensive range of topics, including satisfying global demand by showcasing key underground mining projects
May 28th, 2013 - 04:00 GMT

Oman Mining summit focuses on new technologies, strategies

IPIC has a $659 million facility maturing in June and $2 billion denominated debt maturing in September.
May 27th, 2013 - 12:48 GMT

Abu Dhabi to replay $4bn debt, as crude prices take a dive

16th International Trade Exhibition for Electricity Power Generation, Alternative Energy, Water Technology, Lighting and HVAC
May 27th, 2013 - 12:26 GMT

200 Int'l companies participate in Saudi Energy 2013

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