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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 emirate's economy will continue to rely on real estate as its main growth driver at 3.65%.
April 22nd, 2019 - 08:29 GMT

Dubai's GDP to Tumble in 2021 After Hitting 3.8 Percent in 2020

The initiative will see the delivery of $3 billion in assistance to the country.
April 22nd, 2019 - 07:00 GMT

Saudi Arabia, UAE to Support Sudan With $3 Billion

A storm in the making. Public servants during a protest in downtown Beirut against cuts to their salaries, April 17.
April 21st, 2019 - 11:00 GMT

Will Austerity Plans in Lebanon Rescue Its Collapsing Economy, or Will It Just Fuel the People?

If charged and found guilty, the maximum punishment could be is the death penalty.
April 21st, 2019 - 10:00 GMT

Bitcoin-Rich Couple Might Face Death Penalty in Thailand

The report by Tadawul, issued on Sunday, showed the rise of Gulf investors possession in the Saudi shares market to 2.04 percent.
April 21st, 2019 - 09:00 GMT

17.5 Percent Increase Makes Saudi Stock Market One of the World’s Best Stock Markets

A delegation of digital economy from the U.S. is expected to pay a visit to Turkey in May.
April 21st, 2019 - 08:40 GMT

Turkey, US Increase Efforts to Boost Trade

GDP growth read 6.4% y/y in Q1, the same pace as in Q4 but beating consensus forecasts of 6.3%.
April 21st, 2019 - 08:00 GMT

Report: China’s Economy Responds to Healthy Policy Stimulus

Huawei last year surpassed Apple to become the world’s second-largest smartphone manufacturer behind Samsung.
April 21st, 2019 - 07:19 GMT

CIA Accuses Huawei of Receiving Funding From Chinese State Security

There are 31 communities across the emirate of Dubai where Dh5 million worth of investment can get a 5-year visas.
April 21st, 2019 - 06:26 GMT

Here's How You Can Secure Long-Term UAE Visa

Millionaires flock to Dubai due to a range of exceptional business incentives.
April 20th, 2019 - 07:43 GMT

This Is Why Millionaires Choose Dubai

UAE economy has survived the slowdown witnessed in 2015-2016.
April 18th, 2019 - 10:06 GMT

UAE’s Nominal GDP to Grow 4.7 Percent in 2019: IMF

During the workshop
April 18th, 2019 - 11:11 GMT

Dubai Chamber Hosts Legal Workshop on the UAE and DIFC Companies Law

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