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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 Indian rupee has strengthened against the dollar in the past two weeks, while the Pakistani rupee has remained stable for the past one month. (Khaleej Times)
March 19th, 2019 - 09:38 GMT

Emerging Market Currencies Rebound Against US Dollar

Annual global economic growth is forecast to decelerate to 3.5 per cent in 2019 and 2020. (Shutterstock)
March 19th, 2019 - 09:06 GMT

Research: Global Economy Growth to Decelerate to 3.5 Percent in 2019

Turkey's external assets totaled $240.1 billion as of January this year. (Shutterstock)
March 19th, 2019 - 08:54 GMT

Turkey’s External Assets Exceed $240 Billion

The number of employees in the domestic trade sector reached 1.69 million by the end of 2018. (Shutterstock)
March 19th, 2019 - 08:14 GMT

Despite Saudization Efforts, Expats Represent 74 Percent in Domestic Trade Sector

Egypt is projected to soar from 21st to 7th place by 2030. (Shutterstock)
March 19th, 2019 - 05:00 GMT

Video: World’s Largest 10 Economies in 2030

Clearly, the idea that employees will always resist cutting wages (or workers’ hours) no longer applies. (Shutterstock)
March 18th, 2019 - 06:30 GMT

In Today's Economy, Is There Still a Trade-Off Between Unemployment and Inflation?

There will be 450,000 jobs available for young Saudi men. (Shutterstock)
March 18th, 2019 - 05:30 GMT

Will Saudi Arabia's Efforts Cure the Kingdom from the Unemployment Plague?

Tunisia’s Finance Ministry unveiled a government plan to reduce budget deficit. (Shutterstock)
March 18th, 2019 - 05:00 GMT

Tunisia Aims to Reduce Budget Deficit to 2 Percent in 2022

A ban on the insiders' trading at public shareholding companies listed in the UAE capital markets took effect on March 17. (Shutterstock)
March 18th, 2019 - 12:16 GMT

Insider Trading Ban Takes Effect in UAE

Women's incomes in Bahrain have risen by 66 per cent between 2010 and 2017. (Shutterstock)
March 18th, 2019 - 12:13 GMT

Women’s Income in Bahrain Rises 66 Percent Within 7 Years

Around $20 billion in passive inflows are likely to be spurred by Saudi Arabia’s inclusion in major emerging markets stock indices. (AFP)
March 18th, 2019 - 09:12 GMT

Saudi Presence Injects $20 Billion Into Emerging Stock Markets

Sudan received a $300-million loan from the Arab Monetary Fund to tackle its foreign currency crisis. (Shutterstock)
March 18th, 2019 - 08:57 GMT

Arab Fund Supports Sudan with $300 Million

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