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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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Jordan Arrests 33 on Financial and Criminal Charges. (Shutterstock)
October 18th, 2018 - 09:14 GMT

Jordan Arrests 33 on Financial and Criminal Charges

Iranian officials have downplayed the impacts of the US sanctions against the country. (Shutterstock)
October 18th, 2018 - 09:05 GMT

Iran Furious Over New US Sanctions

The Italian official made the remarks in a visit to Iranian Northern Province of Mazandaran, calling for provision of necessary grounds to expand mutual cooperation. (Shutterstock)
October 18th, 2018 - 09:00 GMT

Iran, Italy to Find Common Economic Grounds

Many prominent company leaders have said they will not attend the FII, which is scheduled to start in Riyadh next week. (Shutterstock)
October 18th, 2018 - 08:42 GMT

BlackRock Not Parting Ways With Saudi Despite FII Absence

The Middle East cinema market is doing very well. (Shutterstock)
October 18th, 2018 - 08:31 GMT

First MENA Cinema Forum to Highlight Investment Opportunities in Region

The campaign resulted in the arrest of a Kuwaiti and 14 transvestites – 11 Filipinos, 2 Thais and an Egyptian. (Shutterstock)
October 18th, 2018 - 06:13 GMT

Kuwait Shuts Down Massage Parlors, Deports 14 Transvestites, Citing "Immoral Acts"

Constant talks are underway between the Islamic Republic and the Russian Federation to find the best approaches to reach common standards. (Shutterstock)
October 18th, 2018 - 05:56 GMT

Iran, Russia Build on Common Economic Interests to Counter US Sanctions

The World Economic Forum’s annual study on the global economy showed that Qatar has improved its rank by two places from last year’s 32nd place out of 135 countries. (Shutterstock)
October 18th, 2018 - 05:41 GMT

Qatar Is 2nd Most Competitive Economy in Arab World

Director of Dubai Customs, Ahmed Mahboob
October 17th, 2018 - 11:57 GMT

Dubai Customs Signs Information Exchange MoU’s With Dafza and DHCA

Department of Economic Development
October 17th, 2018 - 10:58 GMT

DED to Strengthen Awareness of Services Offered by BRL to Businessmen at flydubai VIP Lounge

Dubai Startup Hub stand at GITEX Future Stars 2018.
October 17th, 2018 - 09:54 GMT

Dubai Startup Hub Leverages Gitex to Showcase Initiatives and Support UAE Startups

A number of Western businesses and media outlets are backing out of Saudi projects until Riyadh explains the disappearance of journalist Jamal Khashoggi. (AFP)
October 17th, 2018 - 07:22 GMT

Hollywood Is Having Second Thoughts on Saudi as Khashoggi Case Unravels

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