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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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This fund will last for three years and benefit around 20,000 students. (Shutterstock)
December 6th, 2018 - 08:59 GMT

Al Ghurair Launches $27 Million Education Fund for Refugees

Saudi Arabia’s major cities and business hubs continue to suffer from a lack of the high-quality grade A stock most sought-after by private and public companies. (Shutterstock)
December 6th, 2018 - 07:25 GMT

Saudi Arabia’s Office Rents Still Dragging Behind

There has been some global resistance to cuts in OPEC oil production, with US President Donald Trump pushing Saudi Arabia to pump more oil to keep fuel prices low for Americans. (Shutterstock)
December 6th, 2018 - 03:58 GMT

Will OPEC+ Countries Cut Their Oil Output?

"Examining the reasons for Qatar’s exit from OPEC is a necessity,” Zanganeh said, adding that “OPEC has big problems from some oil producers which Qatar is not a part of.” (Shutterstock)
December 6th, 2018 - 03:46 GMT

Iran Wants to Dig Deeper Into Qatar's OPEC Exit

President Hassan Rouhani has reaffirmed that the United States will not be able to stop Iran’s oil sales. (AFP)
December 5th, 2018 - 11:29 GMT

Rohani Threatens to Stop All Oil Exports Through Arabian Gulf If US Targets Iran’s Crude Exports

Bitcoin surged to a record $19,511 in December 2017; now it’s nosedived around 82%. (Shutterstock)
December 5th, 2018 - 10:05 GMT

Is Bitcoin Facing a Boom-And-Bust Phenomenon?

The World Cup deals between Britain and Qatar are part of a rise in trade between the two countries which totalled £3.39bn in 2017, an increase of 70% over the last five years. (Shutterstock)
December 5th, 2018 - 09:54 GMT

UK Firms Bag £1.5 Billion Deals From Qatar for World Cup 2022

Iran's reliance on oil revenues in the next Iranian year's budget is no more than 25%. (Shutterstock)
December 5th, 2018 - 09:47 GMT

Can Iran Really Afford to Manage Country's Economy Without Reliance on Oil Exports?

H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah. (Pinterest)
December 5th, 2018 - 09:21 GMT

272 Commercial Establishment in RAK Exempted From 50 Percent Renewal Fees, Fines

The pavilion is themed as ‘The Crosspoint for the Future’. (MEConstruction)
December 5th, 2018 - 09:11 GMT

Japan Unveils Its Pavilion Design for Expo 2020 Dubai

Crude oil is not among the list of products facing import duties, but traders said the positive sentiment of the truce also moved crude markets. (Shutterstock)
December 5th, 2018 - 07:44 GMT

Saudi-Russian Agreement Lifts Oil Prices by 5 Percent

The source pointed out the number of expatriate employees in the ministry decreased in the current fiscal year compared to the previous year when the number exceeded 1,500. (Shutterstock)
December 5th, 2018 - 07:36 GMT

Kuwait Halts 1080 Education Jobs Occupied by Expats

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