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Gianni Infantino
July 31st, 2026 - 11:32 GMT
Osama Ali

Osama Ali

Infantino's senior adviser steps down over $20 Billion world cup venture

ALBAWABA - Carlos Cordeiro, a senior adviser to FIFA President Gianni Infantino, has resigned with immediate effect in protest at a proposal to sell an interest in the economic rights of the FIFA World Cup, believing that the idea will undermine the future of the sport. Cordeiro said he was not involved in the plan and could not support FIFA’s contemplation of selling part of what he called football’s most ...
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The 493 investments were made by 361 foreign firms. (Shutterstock)
February 10th, 2019 - 09:29 GMT

$43 Billion of Foreign Investment Within 4 Years in Saudi Arabia

Prominent handovers in 2018 include multiple project deliveries in Damac Hills, Hayat Townhouses and Bluewaters Residences. (Shutterstock)
February 10th, 2019 - 07:56 GMT

Properties in Dubai, Supply to Outpace Demand in 2019

Saudi Arabia based issuers led the GCC in 2018, raising a total of US$28.51 billion through 22 issuances and representing 31 percent of the total value raised in the GCC. (Shutterstock)
February 10th, 2019 - 07:42 GMT

GCC Sovereign and Corporate Issuances, Totaled Exceeds $153 Billion in 2018

More than 50,000 trade licenses were issued to women entrepreneurs last year. (Shutterstock)
February 10th, 2019 - 07:27 GMT

More Businesswomen in UAE, Few Represented in Company Boards

The industry had returned to $50 oil and it was enough to stimulate some significant hiring in the upstream sector. (Shutterstock)
February 10th, 2019 - 07:21 GMT

Recruitment Rate to Recover in Oil, Gas Industry

Christine Lagarde, International Monetary Fund chief. (AFP)
February 10th, 2019 - 07:14 GMT

IMF Chief: Corruption Is 'Key Threat' to Middle East Economies

OPEC has become a battleground for the rivalry between Saudi Arabia and Iran. (Shutterstock)
February 9th, 2019 - 11:28 GMT

Are We Witnessing the End of OPEC?

Bahrain’s potential for sky-high earnings for expats was central to its storming rise up the rankings this year, increasing 10 places on 2017. (Shutterstock)
February 9th, 2019 - 11:10 GMT

Bahrain Among Best Destinations for Expat Careers in 2019

UAE infrastructure spending will ramp up as Expo 2020 Dubai preparations gather pace. (Shutterstock)
February 9th, 2019 - 11:05 GMT

UAE’s Economy the Fastest Growing in GCC in 2019

The IMF also referred to the importance of the upcoming London conference to support Jordan’s economy and investment. (Shutterstock)
February 8th, 2019 - 11:43 GMT

IMF: Jordan’s New Measures to Help Its Economy Recover Despite Challenges

Lebanon has 143 digital actors (Shutterstock)
February 8th, 2019 - 10:47 GMT

Digitilization, Its Impacts and Challenges in Lebanon

Saudi Arabia has cut its crude output in January by about 400,000 barrels per day. (Shutterstock)
February 8th, 2019 - 10:38 GMT

Saudi Arabia Cuts Crude Output Below OPEC Target

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