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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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Clearly, the idea that employees will always resist cutting wages (or workers’ hours) no longer applies. (Shutterstock)
March 18th, 2019 - 06:30 GMT

In Today's Economy, Is There Still a Trade-Off Between Unemployment and Inflation?

There will be 450,000 jobs available for young Saudi men. (Shutterstock)
March 18th, 2019 - 05:30 GMT

Will Saudi Arabia's Efforts Cure the Kingdom from the Unemployment Plague?

Tunisia’s Finance Ministry unveiled a government plan to reduce budget deficit. (Shutterstock)
March 18th, 2019 - 05:00 GMT

Tunisia Aims to Reduce Budget Deficit to 2 Percent in 2022

Saudi Arabia is witnessing a rebound in construction activity due to headline infrastructure workloads increasing. (Shutterstock)
March 18th, 2019 - 12:18 GMT

Saudi Construction Sector Witnesses Rebound in Activity

A ban on the insiders' trading at public shareholding companies listed in the UAE capital markets took effect on March 17. (Shutterstock)
March 18th, 2019 - 12:16 GMT

Insider Trading Ban Takes Effect in UAE

Women's incomes in Bahrain have risen by 66 per cent between 2010 and 2017. (Shutterstock)
March 18th, 2019 - 12:13 GMT

Women’s Income in Bahrain Rises 66 Percent Within 7 Years

The robot is designed to offer job seekers interviews that are free from any of the unconscious biases. (Shutterstock)
March 18th, 2019 - 12:05 GMT

Meet Tengai the Swedish Robot: The Only Unbiased Interviewer in the World?

Iran launched a number of new projects aimed to increase its gas production. (Shutterstock)
March 18th, 2019 - 09:54 GMT

Iran Aims to Increase Gas Production From Shared Field With Qatar

Around $20 billion in passive inflows are likely to be spurred by Saudi Arabia’s inclusion in major emerging markets stock indices. (AFP)
March 18th, 2019 - 09:12 GMT

Saudi Presence Injects $20 Billion Into Emerging Stock Markets

Sudan received a $300-million loan from the Arab Monetary Fund to tackle its foreign currency crisis. (Shutterstock)
March 18th, 2019 - 08:57 GMT

Arab Fund Supports Sudan with $300 Million

The Egyptian pound strengthened on Sunday to its highest in over two years. (Shutterstock)
March 18th, 2019 - 08:47 GMT

Egyptian Pound Strengthens to Highest in over 2 Years

Oil Prices Slips Due to Economic Slowdown. (Shutterstock)
March 18th, 2019 - 08:44 GMT

Oil Prices Slips Due to Economic Downturn

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