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Trump and Carney
July 21st, 2026 - 11:33 GMT
P. Choiaqo

P. Choiaqo

Trump hits Canada with 50% tariff

ALBAWABA - The Tariff President, Donald Trump, continues to impose tariffs on friends and enemies alike, the latest being Canada with a hefty tariff of 50 percent. The move comes in response to Trump’s perceived ‘unequal treatment’ of U.S. cars, dairy, and alcohol by Canada; tariff targets ranged from everyday goods such as wine and hockey sticks to industrial goods like cement. "This is the latest in a series of ...
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Many citizens have expressed their dismay at the high prices which tend to increase around this time of the year. (AFP/ File)
August 29th, 2017 - 12:08 GMT

Sheep Prices in Saudi Arabia Jump Ahead of Eid Al-Adha; Buyers Angry

Oman has announced a halt in permits given to non-Omani labor in certain sectors. (Shutterstock)
August 29th, 2017 - 11:50 GMT

Oman Announces Six-Month Ban on Expat Workers in Some Sectors

S&P affirmed this week its 'AA-/A-1+' long- and short-term foreign and local currency sovereign ratings on Qatar. (Shutterstock)
August 29th, 2017 - 11:28 GMT

Qatar’s Outlook Negative as Long as Blockade Remains: S&P

A combined fare on the Stockholm-Dubai route under the carrier will cost as little as $270, according to its website. (Shutterstock)
August 29th, 2017 - 11:12 GMT

In Blow to Emirates, Low-Cost Norwegian Air Plans Direct Stockholm-Dubai Flights

The expansion into Saudi Arabia is part of the franchise agreement between Majid Al Futtaim Fashion and Abercrombie & Fitch Co. announced in 2016. (Shutterstock)
August 29th, 2017 - 10:56 GMT

Abercrombie & Fitch to Open First Store in Saudi Arabia

A view of Lebanon's capital, Beirut. (AFP/ File)
August 28th, 2017 - 02:15 GMT

Lebanon's Government Debt to Reach 140 Percent of GDP in 2018: Moody's

Egypt witnessed a large flow of investment from international oil companies in the wake of the June 30 revolution. (Reuters)
August 28th, 2017 - 01:56 GMT

Egypt Signs Three New Oil Exploration Deals in Western Desert

The number of foreign workers in the Kingdom is expected to decline from 12.2 million - or 37 percent of the country’s population - to 32.6 percent by the middle of 2017. (AFP/ File)
August 28th, 2017 - 12:44 GMT

Expat Remittances Drop 8 Percent as Saudi Arabia Enforces Expat Fee

Qatar Airways Group Chief Executive, Akbar al Baker. (AFP/ File)
August 28th, 2017 - 12:24 GMT

Qatar Airways Chief Named Chairman of IATA's Board of Governors

EUR/USD on Monday hit 1.1960, the strongest level since January 2015. (File photo)
August 28th, 2017 - 12:10 GMT

Euro Hits Two-Year High, Close to $1.20

Only 192 M&A deals were recorded across the region during the first half of 2017, compared to 250 deals in 2016. (Shutterstock)
August 28th, 2017 - 11:57 GMT

Middle East's M&A Deals Drop 23 Percent in First Half of 2017: Report

UAE president, Sheikh Khalifa bin Zayed Al Nahyan. (File photo)
August 28th, 2017 - 10:52 GMT

UAE President Approves 5 Percent Value-Added Tax, to Start in 2018

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