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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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Turkey's path will not cross with IMF's for either loans or technical support, says Turkish Treasury and Finance Ministry. (Shutterstock)
February 2nd, 2019 - 10:41 GMT

Turkish Economy Needs No External Support: Finance Ministry

Non-oil growth is projected to rise to 3.9 percent in 2019 and 4.2 percent in 2020. (Shutterstock)
February 2nd, 2019 - 10:40 GMT

UAE Non-oil Growth to Rise 3.9 Percent in 2019

The tower's design is inspired by the harmonious ripples of the UAE's desert sand dunes. (Khaleej Times)
February 2nd, 2019 - 10:39 GMT

Dubai Adds Another Milestone to Its Skyline: The 550-Metre Burj Jumeira

Iran’s president said Wednesday the country was facing its toughest economic situation in 40 years. (AFP)
February 1st, 2019 - 05:30 GMT

Iran Blames US for Toughest Economic Situation in 40 Years

Saudi Arabia’s aim to boost foreign investment in the $496 billion Tadawul stock exchange has taken a leap forward. (AFP)
February 1st, 2019 - 05:00 GMT

Saudi Arabia to Launch the Tradeable MSCI Tadawul 30 Index

Turkish exports rose 7 percent on a yearly basis to hit $168 billion. (Shutterstock)
January 31st, 2019 - 01:22 GMT

Turkey’s Foreign Trade Gap Narrowed to 28.4 Percent in 2018

Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. (Shutterstock)
January 31st, 2019 - 11:31 GMT

Fintech Startups Pave the Way for Reforming Iran’s Financial System

The cost of the Syrian war on Lebanon amounts to about $14 billion. (Shutterstock)
January 31st, 2019 - 10:42 GMT

Central Bank Still Confident With Lebanon’s Economy Despite Regional Woes

Turkey welcomed 39.5 million foreign visitors in 2018 (Shutterstock)
January 31st, 2019 - 10:41 GMT

Over 39.5 Million Foreigners Visited Turkey in 2018

The two sides also voiced satisfaction with the growing trend of economic cooperation. (Shutterstock)
January 31st, 2019 - 10:40 GMT

Austria Stresses the Need for Expansion of Economic Cooperation With Iran

Landlords quote lower amount in rental pacts with municipality to pocket additional money. (Shutterstock)
January 31st, 2019 - 09:17 GMT

The Catch Behind OMR1 Rents in Oman

The International Monetary Fund's managing director Christine Lagarde said that Egypt has made substantial progress as evident in the success achieved in macroeconomic stabilisation. (AFP)
January 31st, 2019 - 09:15 GMT

Egypt on Right Track With Its Ongoing Economic Reform Programme: IMF

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