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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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SMEs in the Middle East suffer the widest gap when it comes to financial inclusion worldwide. (Shutterstock)
February 14th, 2019 - 10:34 GMT

IMF: Arab Countries Can Benefit More From Structured Financial Technology

Ghosn confirmed a report by Japan's Sankei newspaper that he had hired lawyer Junichiro Hironaka to replace Otsuru. (AFP)
February 14th, 2019 - 10:32 GMT

Ghosn Seeks Effective Defense After Lawyers' Resignation

Saudi Arabia has expressed its regret about the decision by the European Commission to place the Kingdom on a blacklist of 23 non-EU countries. (Shutterstock)
February 14th, 2019 - 09:19 GMT

Saudi Arabia Upset About Its Inclusion on EU's 'Dirty Money' List

Saudi Arabia has transferred $60 million to the Palestinian Finance Ministry. (Shutterstock)
February 14th, 2019 - 08:25 GMT

Saudi Arabia Transfers $60 Millions to Palestine

The lifting of the Saudi warning comes two weeks after a new Cabinet was formed in Lebanon. (TheDailyStar)
February 14th, 2019 - 07:44 GMT

Saudi Arabia Lifts Travel Ban to Lebanon

Foreign cash inflows in Egypt have exceeded $163 billion in the last three years. (Shutterstock)
February 13th, 2019 - 01:38 GMT

Egypt’s GDP Rises 5.5 Percent, Foreign Cash Inflows Exceeds $163 Billion in 3 Years

Flower prices in 2019 went up 20 percent compared to the previous year. (Shutterstock)
February 13th, 2019 - 01:33 GMT

Almost $475 Million Spent on Flowers Every Valentine’s Day in Turkey

Iran’s value of exports to Russia rose 36 percent in 2018. (Shutterstock)
February 13th, 2019 - 12:12 GMT

Iran Exports $533 Million of Goods to Russia in 2018

Exports would fall in March to 6.9 million bpd. (Shutterstock)
February 13th, 2019 - 12:05 GMT

Saudi Arabia to Decrease Oil Production to Reach Market Balance

Ryder addressing the gathering at the WGS summit in Dubai. (Trade Arabia)
February 13th, 2019 - 10:44 GMT

Experts at WGS: Gender Balance Is Crucial for the Success of a Workplace

OPEC member nations could decide once more to reduce their oil output when they meet again in April. (Shutterstock)
February 13th, 2019 - 10:14 GMT

Algeria Expects OPEC to Reduce Oil Output in April

UN Secretary-General's Special Advocate for Inclusive Finance for Development, Queen Maxima of the Netherlands visits the house of Jordanian national Fatima Al Zobi (L) in Salt, some 30 kilometers north of the capital Amman, on February 11, 2019. (AFP)
February 13th, 2019 - 09:39 GMT

UN Offers Jordan Technical Support to Help Implement Its Financial Inclusion Plans

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