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Economy and Policy

Economy and Policy latest

Hassan Nasrallah's Hezbollah
November 9th, 2025 - 07:10 GMT
Al Bawaba Staff

Al Bawaba Staff

Iran finances Hezbollah with $1 billion despite US sanctions

ALBAWABA - The United States said that the Iranian government financed Hezbollah with about $1 billion during 2025 despite the sanctions imposed by America and its allies. John Hurley, the Undersecretary of the Treasury for Terrorism and Financial Intelligence (TFI), said in an interview on Friday that Iran was able to send around $1 billion to Hezbollah in 2025. The U.S. has adopted a "maximum pressure" campaign on Tehran in ...
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The UAE was removed because it rushed through reforms, the EU said, giving it a clean-sheet on its tax practices.
October 12th, 2019 - 11:00 GMT

EU Announce the Removal of UAE From TAX-Haven List

A deeper cut in oil supplies is among options for OPEC
October 12th, 2019 - 09:00 GMT

IEA: Global Oil Markets Recover Quickly From Attacks on Saudi Oil Facilities

During the event
October 10th, 2019 - 08:56 GMT

PCFC’s High-Tech Projects Draw Attention at Gitex

During the event
October 10th, 2019 - 08:31 GMT

Added Launches New Website During Gitex Technology Week 2019

Of the UNHCR’s total need for $371.8 million in funding for 2019, $163 million has been donated thus far.
October 10th, 2019 - 11:13 GMT

UNHCR's Operations in Jordan Are 44 Percent Funded

The USD selling price jumped to 71.5 pounds and the purchase to 70.5 compared to 69 pounds to sell and 68 pounds to buy during the past week.
October 10th, 2019 - 09:40 GMT

Sudanese Pound Hits New Low After US Refusal of Delisting It From Terror List

Russia and Turkey increased their value of trade to $25.5 billion at the end of 2018.
October 10th, 2019 - 07:56 GMT

Russia, Turkey to Settle Payments Using Local Currencies

US duties on $250 billion in Chinese imports are due to rise in five days while relations deteriorated through the week.
October 10th, 2019 - 07:08 GMT

US-China Trade Talks to Resume Amid Low Expectations After US Latest Maneuver

Dubai almost doubled its foreign trade value in IT and telecom industry over the past decade.
October 10th, 2019 - 06:47 GMT

Dubai's Non-Oil Sector Recovers Due to Solid Increase in Sales

For the global economy, the cumulative effect of trade conflicts could mean a loss of around $700 billion by 2020, or about 0.8 percent of GDP.
October 9th, 2019 - 07:22 GMT

IMF: Global Economy Set to See Its Slowest Growth in Nearly a Decade

Economic growth slowed to an annual rate of 1.94 percent in the three months to the end of June, the second quarter in a row of decline.
October 9th, 2019 - 07:22 GMT

Nigeria: President Presents Record $33.8 Billion Budget for 2020

The Gulf countries agreed the aid package soon after former President Omar al-Bashir was ousted in April.
October 9th, 2019 - 07:13 GMT

Sudan Receives $1.5 Billion Aid From Saudi Arabia and UAE

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