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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 UAB noted in a recent study that it is expected that fintech will revolutionise the provision of traditional financial services and reshaped the financial landscape in Arab banks. (Shutterstock)
January 28th, 2019 - 08:37 GMT

How Egypt's Banks Adopt Digitisation and Fintech

Construction of a large oil terminal in Jask and also launch of petrochemical refinery was put atop agenda in this area. (Shutterstock)
January 28th, 2019 - 08:15 GMT

Iran Starts Developing a Petrochemical Refinery in Oman Sea

Egypt provided Jordan with 250 million cubic feet of natural gas daily since 2004. (Shutterstock)
January 28th, 2019 - 08:08 GMT

Egypt Starts Supplying Jordan With Natural Gas

The jobless rate first hit 12.9 percent, the highest level recorded by the statistics agency in data going back to 1999. (Shutterstock)
January 28th, 2019 - 08:05 GMT

Saudi Arabia Unemployment Eased Marginally to 12.8 Percent

Increased trading activity from companies based in free zones resulted in a rise in the UAE's non-oil foreign trade. (Shutterstock)
January 28th, 2019 - 07:45 GMT

UAE’s Non-Oil Trade Hits Dh1.2 Trillion in 2018

Dubai International (DXB) retained its position as the world's busiest airport for international customer numbers for the fifth consecutive year. (Shutterstock)
January 28th, 2019 - 07:42 GMT

Dubai Airport Remains World’s Busiest Airport

Tourism and travel service providers were charged Dh1000 per PRO card, which was subject to an annual renewal fee, with penalties imposed on companies that violated the provision. (Shutterstock)
January 27th, 2019 - 01:43 GMT

Dubai Waives a Mandatory Fee to Boost Tourism Sector

Tunisian General Secretary of Labour Union (UGTT) Noureddine Taboubi. (AFP)
January 27th, 2019 - 12:42 GMT

The Real Cost of the Ongoing War Between the Government and the Trade Unions in Tunisia

Bank of Sharjah's 9-month 2018 profits grew 13 per cent to Dh301 million, surpassing its 2017's full-year profit of Dh265 million. (Shutterstock)
January 27th, 2019 - 12:16 GMT

After Being Suspended by ADX, Bank of Sharjah Shares Resume Trading

Since the campaign began in November 2017 the total number of offenders was 2,504,037, which included 1,949,024 for violating residency regulations, 383,033 for labor violations and 171,980 for border violations. (Shutterstock)
January 27th, 2019 - 11:40 GMT

Over 2.5 Million Expats Arrested in Saudi Arabia Within a Year

The head of Saudi Aramco, pictured here at Davos 2017, has laid out a roadmap leading to the sale of shares in the world’s biggest oil company in 2021. (AN)
January 27th, 2019 - 10:58 GMT

Saudi Aramco to Commence Sale of Shares in 2021

Overall Saudi shoppers are spending more cautiously, as a result over the last 12 months there has been a decline in consumption across 90% of categories. Spend on promotions is also up, from 49% to 58% in modern trade. (Shutterstock)
January 27th, 2019 - 09:59 GMT

How Saudis' Shopping Behaviours Change

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