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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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Of the 200,000 job opportunities available with ride-hailing companies, 110,000 Saudis have registered so far. (Photo courtesy of Careem)
July 23rd, 2017 - 11:58 GMT

'Careem Helps 110,000 Saudis Make Up to SR12,000 a Month'

The absence of a legal framework for bankruptcy has long been a hindrance to UAE businesses. Not anymore. (Shutterstock)
July 23rd, 2017 - 11:17 GMT

A Look at UAE's New Bankruptcy Law: How It Works and Why It's Good News

Dammam’s residential sector has seen a marginal decline in both sale prices and rents over the past six months. (Shutterstock)
July 23rd, 2017 - 11:01 GMT

Weak Oil Prices, Slow Economy Weigh on Dammam Real Estate Market

Economic growth this year for Saudi Arabia is forecast to be around 0.1 percent. (File photo)
July 23rd, 2017 - 09:30 GMT

Saudi Arabia's 2017 Growth Forecast 'Close to Zero': IMF

Iran expects to export 1 million tonnes of surplus wheat and its products this year. (AFP/ File)
July 20th, 2017 - 12:03 GMT

Largely Self-Sufficient, Iran to Export 1 Million Tonnes of Surplus Wheat

Last year's coup attempt, geopolitical developments and the referendum process have all affected Turkey's economy. (AFP/ File)
July 20th, 2017 - 11:54 GMT

Turkey Optimistic, Even as It Runs a $7-Billion Budget Deficit

The drop in Abu Dhabi rents is expected to persist throughout 2017. (Shutterstock)
July 20th, 2017 - 11:44 GMT

Drop in Abu Dhabi Rents to Persist Throughout 2017: Report

A rendering of Hamad Port. (Twitter)
July 20th, 2017 - 10:05 GMT

Qatar's Hamad Port Breaks Blockade With Five New Shipping Lines

The GCC region has several characteristics that can speed up the growth of IoT, including broadband penetration and a young, tech-savvy population that is ready for a revolution in digital services and connectivity. (Pixabay)
July 20th, 2017 - 09:48 GMT

IoT Market in GCC Has Potential to Reach $11 Billion by 2025: Experts

Leading banks such as Emirates NBD, Emirates Islamic and Dubai Islamic Bank have posted strong first-half  financial results. (AFP)
July 20th, 2017 - 09:24 GMT

Major UAE Banks Post Strong First-Half Financial Results: Details

The new system is designed to automatically detect late or non-payment of salaries to employees in the private sector. (Shutterstock)
July 20th, 2017 - 08:59 GMT

Oman Announces New Wage Protection System for Employees in Private Sector

The ambitious project connects Makkah with Madinah passing through Jeddah, King Abdulaziz Airport and King Abdullah Economic City in Rabigh. (Photo courtesy of Saudi Railways)
July 20th, 2017 - 08:33 GMT

Saudi Arabia's Haramain Train Completes Successful Test Drive to Jeddah

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