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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 UAE stressed that the real dispute with Qatar concerned the latter's repeated violation of regional and international treaties and its support for terrorist organisations.
May 8th, 2019 - 07:51 GMT

Qatar Prevents Its Citizens From Applying for UAE Entry Permits

Expenditures through point of sale machines in the country increased to KD 2.63 billion
May 7th, 2019 - 09:42 GMT

Total Expenses of Kuwaitis, Expats up by 4 Percent in Q1 2019

The medical bills, accumulated by Libyans at 30 different private Jordanian hospitals, were to be paid back in three phases this year, per an agreement signed in November 2018.
May 6th, 2019 - 09:50 GMT

Libya Fails to Pay $350 Million Debt to Private Hospitals in Jordan

According to ISFU, there were several challenges to overcome to see this initiative passed through.
May 6th, 2019 - 09:05 GMT

Oman to Allow 100 Percent Property Ownership for Expats

Jordan and the IMF signed the 36-month programme in 2016.
May 6th, 2019 - 07:19 GMT

Jordan Discusses New Development Programme With IMF

The soft loan is likely to be approved by the World Bank’s board meeting in June.
May 6th, 2019 - 07:08 GMT

Jordan, World Bank to Discuss Details of $1 Billion Loan

Around 40 Greek companies held talks with 100 Qatari firms, exploring the prospects for cooperation in commerce and investments.
May 6th, 2019 - 06:54 GMT

Qatar-Greece Bilateral Trade Volume Reaches $80 Million in 2018

Business confidence was the highest since the series began seven years ago during April.
May 6th, 2019 - 05:32 GMT

Report: Business Confidence in UAE Reaches Highest Record in 7 Years

Tunisian authorities are working on making a balanced development in a number of poor regions where unemployment reached 30 percent
May 5th, 2019 - 08:33 GMT

Tunisia’s Annual Inflation Decreases to 6.9 Percent in April

The Trump administration wants China to sign an agreement obliging Beijing to be committed to its reform promises
May 5th, 2019 - 06:31 GMT

Pence Reaffirms Trump's Position on China's Trade Practices

Companies will have to fundamentally rethink their cost structure and find ways to keep prices low and extract enough value from their current business to finance new initiatives
May 3rd, 2019 - 10:01 GMT

Report: 5 Main Shifts in Consumer Behavior in the Middle East

The Middle East region saw a recovery in jewellery demand
May 3rd, 2019 - 09:45 GMT

Global Gold Demand Soars 7 Percent Due to Investors, Central Banks Support

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