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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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Iran and Turkey also called for all-out efforts to protect the nuclear deal. (Shutterstock)
February 13th, 2019 - 09:11 GMT

Iran, Turkey Agree to Rise Daily Border Trade Traffic

News headlines across the globe in five years will be drafted by artificial intelligence. (Shutterstock)
February 13th, 2019 - 09:09 GMT

The Effects of AI in Newsrooms

A good hedge is finding an asset where correlations to other asset classes decreases during recessions. (Shutterstock)
February 13th, 2019 - 09:03 GMT

Is Gold a Safe Hedge During Recession?

U.S. negotiators are currently in China for a week of talks ahead of the deadline at which point the U.S. would ramp up to 25 percent its tariffs on $200 billion of Chinese imports. (Shutterstock)
February 13th, 2019 - 08:45 GMT

Trade War Update: Trump Willing to Extend China Trade Deadline

The danger is not just about knowing the technology that is growing at breakneck speed, but how you empower half of the workforce that will be displaced. (Shutterstock)
February 13th, 2019 - 08:17 GMT

OECD at WGS: Fourth Industrial Revolution, Exciting yet Carries Downsides

Boeing projects the Middle East will require $745 billion in aviation services through 2037 to keep pace with growing passenger and freight traffic in the region. (Shutterstock)
February 12th, 2019 - 01:30 GMT

Middle East Aviation Market Requires $745 Billion to Keep Pace With Growing Traffic

The UK has eyed the energy-rich region as key target for exports. (Shutterstock)
February 12th, 2019 - 01:23 GMT

UAE Shatters UK’s Hopes of Quick Free Trade Deal Post-Brexit

Bahrain’s largest businesses are now largely registered for VAT. (Shutterstock)
February 12th, 2019 - 01:03 GMT

Business Leaders Shed Lights on VAT Challenges in Bahrain

Three MoUs will be signed in the fields of oil refining, liquefied natural gas (LNG) and mineral development. (Shutterstock)
February 12th, 2019 - 12:43 GMT

Saudi Arabia, Pakistan Mull Signing Over $10 Billion Investment Agreements

According to CPI, the UAE is the least corrupt Arab country. (File/Photo)
February 12th, 2019 - 12:16 GMT

Video: The Ten Least Corrupt Arab Countries in The World

The government’s bid to have the value added tax (VAT) law passed by the parliament will not be the only option to resolve the state budget deficit (Shutterstock)
February 12th, 2019 - 11:52 GMT

Kuwait Determined to Pass VAT Bill Before June

Al Tayer said that the UAE has committed all its resources to cope with the technological and industrial breakthrough. (RTA)
February 12th, 2019 - 10:25 GMT

Dubai to Implement New Traffic System Powered by AI in 2020

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