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US Aircraft Carrier in the Arabian Sea
July 16th, 2026 - 06:46 GMT
P. Choiaqo

P. Choiaqo

Saudi Arabia to buy $2 billion worth of weapons from the US

ALBAWABA - The sale of an estimated $1.96 billion worth of weapons focused on air defenses to Saudi Arabia has been approved, according to the U.S. State Department. The weapons sought by the Kingdom of Saudi Arabia are around 20,000 Advanced Precision Kill Weapon Systems and its warheads which are described as "an inexpensive way to destroy targets while limiting collateral damage in close combat.” According to the U.S. Navy ...
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Almost Dh10 billion will be added to Dubai once data is opened and shared from the private sector. (Shutterstock)
April 10th, 2019 - 06:36 GMT

Private Sector's Data to Contribute Over $2.5 Billion to Dubai's Economy

IMF had hiked the UAE's growth forecast for 2018 and 2019 on the back of higher oil prices. (Shutterstock)
April 10th, 2019 - 06:29 GMT

IMF Revises Down UAE's GDP Growth

The remittances sent by overseas Pakistanis increased by12 per cent to $14.35 billion in the first eight months of fiscal year 2018-19. (Shutterstock)
April 9th, 2019 - 10:22 GMT

UAE Provides 200,000 Jobs to Pakistanis Every Year

Qatar saw a robust 9.8 percent growth in their smartphone shipments quarter-on-quarter. (Shutterstock)
April 9th, 2019 - 09:11 GMT

Qatar Sees Almost 10 Percent Growth in Smartphone Shipments in 2018 Q4

The World Bank revised its GDP growth estimate for Lebanon to just 0.2 percent from 1 percent in 2018. (Shuttertock)
April 9th, 2019 - 09:09 GMT

World Bank: Lebanon’s GDP Growth to Decline to 0.2 Percent

Oman has been ranked sixth in the Arab world in terms of investment in technology. (Shutterstock)
April 9th, 2019 - 08:53 GMT

Oman Ranks Sixth Among Its Peers in MENA for Tech Investments

The performance of various GCC market indices diverged during the month with Saudi Arabian Tadawul index. (AFP)
April 9th, 2019 - 08:49 GMT

Saudi Arabia Market Leads the GCC, Standing at 12.3 Percent

The Middle East has woefully low levels of women in top management positions.(Shutterstock)
April 9th, 2019 - 08:45 GMT

Bank of Palestine's Board to Have 50/50 Gender Split

The Middle East has woefully low levels of women in top management positions.(Shutterstock)
April 9th, 2019 - 07:39 GMT

Palestine Banker Calls for Quota System for Women Board Members Across the Middle East

The financial market manipulation violated all norms of accepted conduct and will not be allowed to go unchecked. (Shutterstock)
April 9th, 2019 - 06:47 GMT

Qatar Sues Saudi, UAE Banks Over Manipulation of Qatari Riyal

The Kingdom has been trading its oil in dollars for decades and that has served well its financing and monetary needs. (Shutterstock)
April 9th, 2019 - 06:19 GMT

Saudi Arabia Rejects Non-Dollar Oil Trade

Morocco has made notable development in the field of scientific research related to the energy sector. (Shutterstock)
April 9th, 2019 - 06:17 GMT

Energy Sector Investments in Morocco Exceeds $13 Billion

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