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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 Saudi capital will host the Global Aviation Summit 2019. (Shutterstock)
February 16th, 2019 - 08:40 GMT

Saudi Arabia to Host Global Aviation Summit in April

Pakistan will get a $20 billion-plus economic package from Saudi Arabia. (Shutterstock)
February 16th, 2019 - 08:32 GMT

$20 Billion From Saudi Arabia to Pakistan to Boost Economy

The General Tax Authority needs to create more awareness about the new taxes as businesses in Qatar. (Shutterstock)
February 15th, 2019 - 08:58 GMT

Qatar's Business Community Demands More Clarity on ‘Selective Tax’

The UAE rose five places to claim the highest rank achieved yet by a country from the Middle East and North Africa region. (Shutterstock)
February 15th, 2019 - 08:54 GMT

UAE Ranks 5th in Connectedness Index, Highest Rank in MENA

The investment will be made over a six-year period. (Shutterstock)
February 15th, 2019 - 08:53 GMT

Total, Saudi Aramco $1 Billion Project to Create Thousands of Jobs in Saudi Arabia

The loan aims at enhancing financial inclusion, developing payment and settlement systems. (Shutterstock)
February 15th, 2019 - 08:50 GMT

$96 Million Loan to Support Jordan's Banking Sector

The current account balance posted a deficit of $27.6 billion. (Shutterstock)
February 14th, 2019 - 01:01 GMT

Turkey’s Current Account Balance Posted Deficit of $27.6 Billion in 2018

The UAE topped the MEA list for the largest number of rooms under construction with the total put at 56,570 rooms. (Shutterstock)
February 14th, 2019 - 11:45 GMT

Over 150,000 Hotel Rooms Under Construction in MEA

According to the UN Office on Drugs and Crime's report, Lebanon is the third largest exporter of cannabis resin in the world. (Shutterstock)
February 14th, 2019 - 11:15 GMT

Video: On the Cannabis Industry in Lebanon. Will Beirut Become the Amsterdam of the Middle East?

Turkish exploration ships will soon begin offshore drilling activities around Cyprus island. (Shutterstock)
February 14th, 2019 - 10:40 GMT

Turkish Exploration of Oil, Gas to Start Offshore Around Cyprus

The Red Sea project involves the development of a luxury tourism destination on the Saudi Red Sea coast. (Shutterstock)
February 14th, 2019 - 10:38 GMT

Red Sea Project, Largest of Its Kind in Saudi Arabia

The total exported quantities of Oman crude oil in January 2019 reached 23.32 million barrels. (Shutterstock)
February 14th, 2019 - 10:36 GMT

Over 30 Million Barrels of Crude Oil Produced in Oman Last Month

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