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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 54 percent that does look forward to a fatter paycheque sometime this year have their reasons to expect the hike
June 2nd, 2019 - 08:00 GMT

Will Salaries Actually Increase in UAE as People Are Expecting?

Personal wealth in the UAE is projected to continue to grow at 8 per cent compound annual growth rate.
June 2nd, 2019 - 06:30 GMT

This Is Why the Rich Choose UAE for Retaining Large Portions of Their Wealth

Washington and Beijing resumed their trade battle last month when trade talks in the US ended without a deal.
June 1st, 2019 - 06:00 GMT

China Fires Back by Raising Tariffs on US Goods

The new entity, Abu Dhabi Development Holding Company (ADDHC) was set up last year.
June 1st, 2019 - 02:00 GMT

Abu Dhabi Moves 7 State-Owned Companies to New Entity

The UAE, along with Saudi Arabia, was the first in the GCC region to impose a 5 per cent VAT on good and services.
May 31st, 2019 - 06:54 GMT

5 Percent Increase in UAE Government Revenue Since VAT Implementation

Omanisation rates for MOH nurses have climbed steadily since 1990
May 30th, 2019 - 11:31 GMT

Oman to Replace Expats with Nationals in 9 Occupations in the Health Sector

International donors had pledged $11 billion in loans and grants at the conference.
May 30th, 2019 - 11:30 GMT

After Getting the Government's Approval, Lebanon Budget Dispute Transferred to Parliament

The volume of joint investments has yet to realise its potential
May 30th, 2019 - 11:00 GMT

Jordan Keen on Developing Economic Ties with Turkey

Mohammed Al Muallem, CEO and Managing Director, DP World, UAE Region
May 30th, 2019 - 09:35 GMT

DP World, UAE Region Celebrates Ramadan Through Giving and Education

When governments permit counterfeiting or copying of American products, it is stealing our future, and it is no longer free trade
May 30th, 2019 - 09:30 GMT

US Trade Wars with Asian Countries Proves that History Repeats Itself

Qatar Foundation
May 30th, 2019 - 06:37 GMT

WISE Convenes Education Stakeholders in Colombia to Discuss Cross-Sector Collaboration

Industry executives say that remittances grow around five per cent during Eid holidays.
May 30th, 2019 - 06:00 GMT

Remittances From UAE Increases 3 Percent in 2019

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