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Economy and Policy

Economy and Policy latest

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 portal aims to boost accuracy and speed in operations in line with regulatory lists and international agreements to develop the transport market.
July 23rd, 2019 - 12:30 GMT

Saudi Transport Authority Launches E-Portal Enables Carriers to Transfer Goods

The number of people unemployed expectation index also fell by 1.3% to stand at 55.6 month-on-month in July.
July 23rd, 2019 - 10:30 GMT

Turkish Consumer Confidence Index Drops in July

The pacts signed include: an agreement on defense and military cooperation
July 23rd, 2019 - 10:00 GMT

UAE, China Hammered Out Several Agreements to Boost Cooperation

The government's vision is based on each region’s role in economic and social development
July 23rd, 2019 - 09:30 GMT

Morocco to Benefit From Financial Transfers of $1 Billion by 2021

Warren's latest plan is the latest of numerous proposals she's unveiled since declaring her candidacy for 2020.
July 23rd, 2019 - 07:34 GMT

Warren Warns Another Financial Crisis Coming Worse Than 2008 Crash

UAE is followed by Qatar, Oman, Bahrain, Saudi Arabia and Kuwait.
July 23rd, 2019 - 06:00 GMT

Report: UAE Offers the Best Growth Prospects Among the Arab Countries

The IMF directors welcomed the authorities’ ambitious reforms to develop the non-oil economy.
July 23rd, 2019 - 05:11 GMT

IMF: Saudi Arabia’s Reforms Start to Yield Results and the Outlook Is Positive

Dubai retained its number one ranking, further solidifying its position as one of the world's leading Mice destinations.
July 22nd, 2019 - 11:00 GMT

Dubai Most Preferred Destination for MICE in MEA

The continuous aid approach proves that Kuwait is well deserved for the "Humanities Center" title and "Humanitarian Leader"
July 22nd, 2019 - 10:30 GMT

Kuwait Among Top Five Donor Countries for UNHCR

Against the UAE dirham, the rupee was trading at 18.79 at 9:30am (UAE time), according to XE.com.
July 22nd, 2019 - 10:00 GMT

Indian Rupee Falls Again, Reach 69.06 Against US Dollar

The U.S. dollar/Turkish lira exchange rate was 5.6780 as of 9.30 a.m. local time (0630GMT) on Monday, up from 5.6440 on Friday.
July 22nd, 2019 - 09:31 GMT

Turkey's Stock Index Slips by 0.04 Percent

In Bahrain, openness of the economy and the quality of institutions have led to the Kingdom’s ranking in the top 60
July 22nd, 2019 - 09:30 GMT

Report: Bahrain Among Top 60 for Economic Openness

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