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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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Switzerland is pursuing plans to launch an alternative payments channel for Iran independent from the US dollar.. (Shutterstock)
January 23rd, 2019 - 12:47 GMT

Switzerland to Develop Payment Channel With Iran to Bypass US Sanctions

The arrests were made over a period of two days in cooperation with the special task unit in the Wilayat of Duqm. (Shutterstock)
January 23rd, 2019 - 12:37 GMT

Over 400 Expat Workers Arrested in Oman for Violating Labor Laws

Residence permit applicants will receive a six-month entry permit that will allow them to enter the UAE and complete any outstanding procedures related to their projects. (Shutterstock)
January 23rd, 2019 - 12:33 GMT

UAE to Start Issuing Long-Term Visa in February

Those selected for the transfer are currently undergoing training and testing and must fulfill certain criteria. (AFP)
January 23rd, 2019 - 10:19 GMT

Egypt to Relocate 50,000 Employees to Its New Capital by 2020

Moody’s Investor Service announced Monday night that it had downgraded Lebanon’s long-term investment rating. (Shutterstock)
January 23rd, 2019 - 10:16 GMT

Lebanon’s New Long-Term Investment Rating Indicates Poor Quality, Very High Credit Risk

Russia will grant $10 million in financial aid for Palestinian refugees. (Shutterstock)
January 23rd, 2019 - 07:17 GMT

Russia Grants $10 Million to Palestinian Refugees

If you are looking for a 'forever home', then buying might just make sense. (Shutterstock)
January 23rd, 2019 - 06:52 GMT

To Rent or to Buy in Dubai: That's the Question

Bahrain the most cost-effective destination for business in the GCC (Shutterstock)
January 22nd, 2019 - 01:06 GMT

Report: Bahrain Most Cost-Effective Destination for Business in GCC

Expat investors can now bring their family members or siblings without regard to their age (Shutterstock)
January 22nd, 2019 - 12:29 GMT

Oman Woos Foreign Investors by Changing Residency Rules

Sri Lankan to Invest $10 Million in Bahrain’s Renewable Energy Sector. (Shutterstock)
January 22nd, 2019 - 12:04 GMT

Sri Lanka to Invest $10 Million in Bahrain’s Renewable Energy Sector

Check out World Economic Forum’s Agenda in Davos. (Shutterstock)
January 22nd, 2019 - 10:52 GMT

Check Out World Economic Forum’s Agenda in Davos and Watch It Live

Dato Ku Jaafar Ku Shaari, Chief of Body
January 22nd, 2019 - 10:20 GMT

D8 Countries for to Adopt One Payment Card in Trade

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