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<title> Al Bawaba - Business </title>
<link>https://www.albawaba.net</link>
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<title><![CDATA[Iraq’s new PM begins a long battle against entrenched corruption in Iraq by seizing $86 million]]></title>
<link>https://www.albawaba.net/business/iraqs-new-pm-begins-long-battle-against-1631441</link>
<description><![CDATA[ALBAWABA -Ali Al-Zaidi, Iraq’s new and youngest PM ever, has begun a battle against corruption - making the first move by seizing $86 million in cash alongside properties, vehicles, and gold...]]></description>
<pubDate>Sat, 27 Jun 2026 10:35:52 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<category><![CDATA[BUSINESS, Banking and Finance, Money Matters, Main headlines, Infrastructure and Property, Economy and Policy]]></category>
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<title><![CDATA[Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt]]></title>
<link>https://www.albawaba.net/business/gulf-oil-exports-surge-saudi-arabia-1631396</link>
<description><![CDATA[ALBAWABA- Major Gulf oil producers are rapidly ramping up crude exports as regional shipping routes recover, with Saudi Arabia restarting loadings at its critical Ras Tanura terminal after a nearly four-month suspension, while Kuwait and Qatar also boost output amid improving security conditions in the Strait of Hormuz...]]></description>
<pubDate>Fri, 26 Jun 2026 16:15:59 +0000</pubDate>
<dc:creator>Mansour</dc:creator>
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<title><![CDATA[Iraq rethinking its OPEC membership due to oil production limits]]></title>
<link>https://www.albawaba.net/business/iraq-rethinking-its-opec-membership-due-1631299</link>
<description><![CDATA[ALBAWABA - In a Reuters exclusive report: Iraq, one of the founding members of OPEC, is now considering leaving the organization after Strait of Hormuz disruptions and limited oil production quotes hit the county hard...]]></description>
<pubDate>Thu, 25 Jun 2026 12:14:10 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<category><![CDATA[BUSINESS, Oil and Renewables, Main headlines]]></category>
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<title><![CDATA[Trump asks Congress for $87 billion citing Iran war costs]]></title>
<link>https://www.albawaba.net/business/trump-asks-congress-87-billion-citing-1631271</link>
<description><![CDATA[ALBAWABA - Citing “urgent needs” related to the Iran war, the White House has asked lawmakers to approve $87 billion - this comes a day after Congress passed the war powers resolution, forcing Trump to ask permission for any further military actions in Iran...]]></description>
<pubDate>Thu, 25 Jun 2026 07:28:05 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<category><![CDATA[BUSINESS, Money Matters, Main headlines]]></category>
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<title><![CDATA[Adidas and Calvin Klein ads banned in UK for misleading messages]]></title>
<link>https://www.albawaba.net/business/adidas-and-calvin-klein-ads-banned-uk-1631189</link>
<description><![CDATA[ALBAWABA - UK regulators are tightening restrictions on major brands for misleading environmental statements in their advertising...]]></description>
<pubDate>Wed, 24 Jun 2026 11:49:38 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<title><![CDATA[Gulf countries to fund $300 billion reconstruction in Iran if peace talks go through]]></title>
<link>https://www.albawaba.net/business/gulf-countries-fund-300-billion-dollar-1631176</link>
<description><![CDATA[ALBAWABA - Qatari PM, Sheikh Mohammad, said that Gulf states could play a role in financing reconstruction in Iran, however, $300 billion seems ‘aspirational’ he says...]]></description>
<pubDate>Wed, 24 Jun 2026 09:53:45 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<category><![CDATA[BUSINESS, Banking and Finance, Money Matters, Main headlines, Infrastructure and Property]]></category>
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<guid isPermaLink='false'>1631058</guid>
<title><![CDATA[Tesla’s forgotten semi-trucks making potential comeback]]></title>
<link>https://www.albawaba.net/business/tesla-forgotten-semi-trucks-making-1631058</link>
<description><![CDATA[ALBAWABA - Tesla’s futuristic ambitions are ceaseless but one thing that was swept under the rug by the headline-catching driverless cars, humanoid robots, and AI, is Tesla’s Semis - which seem on the way to a comeback...]]></description>
<pubDate>Tue, 23 Jun 2026 10:12:35 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<category><![CDATA[BUSINESS, Transport and Aviation, Tech Trends, Main headlines, Goods and Services]]></category>
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<title><![CDATA[‘I like their money’ Trump threatens lawsuit over Reflecting Pool]]></title>
<link>https://www.albawaba.net/business/i-their-money-trump-threatens-lawsuit-1631038</link>
<description><![CDATA[ALBAWABA - The Reflecting Pool renovations, which have been a subject of some controversy for the Trump administration, are now back in the spotlight after Trump threatened to sue ABC news over its coverage of the administration’s blunders regarding it...]]></description>
<pubDate>Tue, 23 Jun 2026 06:49:22 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<title><![CDATA[India considers selling BrahMos missile to the UAE: Here's what to know]]></title>
<link>https://www.albawaba.net/business/india-considers-selling-brahmos-missile-1630955</link>
<description><![CDATA[ALBAWABA - The government in India is undergoing talks with the United Arab Emirates to sell some of its main defense system technologies, including the BrahMos missile, four Indian sources told Reuters...]]></description>
<pubDate>Mon, 22 Jun 2026 11:42:57 +0000</pubDate>
<dc:creator>sally</dc:creator>
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<category><![CDATA[BUSINESS, Main headlines, Catch of the Day]]></category>
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<title><![CDATA[Australian-Canadian $1.75 billion deal for radar to be built in Canada]]></title>
<link>https://www.albawaba.net/business/australian-canadian-175-billion-dollar-1630919</link>
<description><![CDATA[ALBAWABA - Australia and Canada signed a deal for a high-tech long-range Australian radar to be built in Canada facing the arctic...]]></description>
<pubDate>Mon, 22 Jun 2026 08:21:30 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<title><![CDATA[JD Vance says 16 million barrels of oil flowed through Hormuz in 24 hours]]></title>
<link>https://www.albawaba.net/business/jd-vance-says-16-million-barrels-oil-1630841</link>
<description><![CDATA[ALBAWABA - It seems that the MOU signed between the U.S. and Iran is slowly becoming reality as oil flows through Hormuz despite Iranian claims of the strait being shut down...]]></description>
<pubDate>Sun, 21 Jun 2026 11:58:01 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<title><![CDATA[Russia suspends fuel sales to the public in occupied Crimea]]></title>
<link>https://www.albawaba.net/business/russia-suspends-fuel-sales-public-1630812</link>
<description><![CDATA[ALBAWABA - Fuel sales to the general public are suspended in Russian-occupied Crimea, in Ukraine, the local Moscow-backed governor said on Sunday, as Kyiv stepped up strikes on Russian supply lines...]]></description>
<pubDate>Sun, 21 Jun 2026 07:41:02 +0000</pubDate>
<dc:creator>sally</dc:creator>
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<title><![CDATA[Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns]]></title>
<link>https://www.albawaba.net/business/oil-posts-steepest-weekly-drop-months-us-1630753</link>
<description><![CDATA[ALBAWABA- Global oil prices recorded their sharpest weekly decline in months, with Brent&nbsp;Crude falling about 8% over the week, as a renewed ceasefire between Israel and Hezbollah and progress on the US-Iran agreement eased concerns over potential disruptions to global energy supplies...]]></description>
<pubDate>Sat, 20 Jun 2026 13:56:00 +0000</pubDate>
<dc:creator>Mansour</dc:creator>
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<guid isPermaLink='false'>1630618</guid>
<title><![CDATA[Anti-drone measures in place for World Cup matches in the US]]></title>
<link>https://www.albawaba.net/business/anti-drone-measures-place-world-cup-1630618</link>
<description><![CDATA[ALBAWABA - "You're welcome, drones are not welcome ... so don't fly your drones," said Andrew Giuliani, head of the The White House Task Force on the FIFA World Cup 2026, in a press conference to the public...]]></description>
<pubDate>Thu, 18 Jun 2026 12:14:48 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<title><![CDATA[UAE approves social media ban for under 15s]]></title>
<link>https://www.albawaba.net/business/uae-approves-social-media-ban-under-15s-1630600</link>
<description><![CDATA[ALBAWABA - Following the UK's decision, the UAE announced that social media will be banned for children under 15 years old due to child safety concerns, as reported by AFP...]]></description>
<pubDate>Thu, 18 Jun 2026 09:54:31 +0000</pubDate>
<dc:creator>khalid.samara</dc:creator>
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<title><![CDATA[Tim Cook dashes hopes with iPhone price raise]]></title>
<link>https://www.albawaba.net/business/tim-cook-dashes-hopes-iphone-price-raise-1630595</link>
<description><![CDATA[ALBAWABA - At the WWDC26 keynote last week, it was rumored that the price of the highly anticipated iPhone 18 will remain the same as previous models at $799...]]></description>
<pubDate>Thu, 18 Jun 2026 09:25:45 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<guid isPermaLink='false'>1630485</guid>
<title><![CDATA[Iran is reportedly buying 100 Boeing planes from the US]]></title>
<link>https://www.albawaba.net/business/iran-reportedly-buying-100-boeing-planes-1630485</link>
<description><![CDATA[ALBAWABA - After the peace deal between the United States and Iran, an unconfirmed report emerged on different social media platforms claiming that Tehran is purchasing Boeing aircraft from the U...]]></description>
<pubDate>Wed, 17 Jun 2026 10:02:05 +0000</pubDate>
<dc:creator>sally</dc:creator>
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<guid isPermaLink='false'>1630490</guid>
<title><![CDATA[US used Iranian smuggling tactic to move oil through Hormuz]]></title>
<link>https://www.albawaba.net/business/us-used-iranian-smuggling-tactic-move-1630490</link>
<description><![CDATA[ALBAWABA - &nbsp;In an exclusive Reuters report, the U.S. has overseen and supported dozens of secretive ship-to-ship oil transfers, avoiding Iranian blockades and attacks...]]></description>
<pubDate>Wed, 17 Jun 2026 09:05:48 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<guid isPermaLink='false'>1630480</guid>
<title><![CDATA[More than smart: Apple's iPhone 18 Pro set to be first 'intelligent' phone]]></title>
<link>https://www.albawaba.net/business/more-smart-apples-iphone-18-pro-set-be-1630480</link>
<description><![CDATA[ALBAWABA - Apple's upcoming iPhone 18 Pro, which is set to be revealed to the public in September, seems prepared to set a new bar in smartphone AI integration...]]></description>
<pubDate>Wed, 17 Jun 2026 08:17:35 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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<title><![CDATA[Trump slams $300 billion payment to Iran as ‘fake news’]]></title>
<link>https://www.albawaba.net/business/trump-slams-300-billion-payment-iran-1630380</link>
<description><![CDATA[ALBAWABA - &nbsp;The $300 billion figure has been circulating recently in relation to a potential payment to Iran as part of a peace agreement, with U...]]></description>
<pubDate>Tue, 16 Jun 2026 10:08:18 +0000</pubDate>
<dc:creator>Pshemaf</dc:creator>
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