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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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The Kingdom’s exports to Qatar in the first 11 months of 2018 amounted to some JD87 million, while Qatari exports to Jordan were valued at around JD82 million. (Shutterstock)
March 7th, 2019 - 08:45 GMT

Qatar Mulls Expanding Its Investments in Jordan

Emiratis will be given priority for jobs in certain sectors. (Shutterstock)
March 7th, 2019 - 08:39 GMT

Emiratization: A Top Priority in Dubai

Palestinian Banking Sector Growth Influenced by Fintech (Shutterstock)
March 7th, 2019 - 08:32 GMT

Palestinian Banking Sector Growth Influenced by Fintech

Saudi Aramco IPO to Be Launched Within Two Years (Shutterstock)
March 7th, 2019 - 08:12 GMT

Saudi Aramco IPO to Be Launched Within Two Years

Ziad Alexandre Hayek. (Twitter)
March 6th, 2019 - 12:02 GMT

Lebanon Withdraws Nomination of Hayek as World Bank President


Oil prices increased on Tuesday as US West Texas Intermediate (WTI) crude oil futures were at $56.28 per barrel. (Shutterstock)
March 6th, 2019 - 11:50 GMT

OPEC to Announce Output Policy in June

The Governor of the Bank of England, Mark Carney attends a press conference at the Bank of England in London on February 25, 2019.(AFP)
March 6th, 2019 - 11:50 GMT

Bank of England: No-Deal Brexit to Threaten Financial Stability of UK, EU

One of Libya's most important oil fields is set to reopen nearly three months after it was taken over by an armed group. (Shutterstock)
March 6th, 2019 - 11:39 GMT

Libya to Reopen Major Oil Field After Being Captivated for 3 Months

Tough Decisions Required to Help Lebanon's Crumbling Economy. (Shutterstock)
March 6th, 2019 - 11:35 GMT

US Official: Tough Decisions Required to Help Lebanon's Crumbling Economy

Companies in the United Arab Emirates’ non-oil private sector cut jobs at the fastest pace in almost a decade. (Shutterstock)
March 6th, 2019 - 11:24 GMT

UAE Private Companies Cut Jobs Due to Low Oil Prices, Turbulent Property Market

The Philippines is projected to see its ultra-rich population grow by 38 percent and China was third with 35 percent. (Pexels)
March 6th, 2019 - 11:22 GMT

Study: Asia to Become Home to Over 1,000 Billionaires

Saudi Economy Improving Due to Oil Prices' Recovery. (Shutterstock)
March 6th, 2019 - 11:11 GMT

Report: Saudi Economy Improving Due to Oil Prices' Recovery

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