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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 slump may have started in luxury properties, but it has filtered down as Lebanon’s stagnant economy and government vacuum weighs on confidence and spending power. (Shutterstock)
October 14th, 2018 - 02:25 GMT

Lebanon Fund Hopes Diaspora Could Revive Real Estate Market

An unprecedented diplomatic breakdown between the Nato allies over the case compounded an almost 40% depreciation in the currency this year. (AFP)
October 14th, 2018 - 02:19 GMT

Turkish Bonds and Stocks Gain as US Pastor Is Freed

Iran produces 6,000 types of drugs and 280,000 goods in the field of medical equipment, which are currently available in 255 international markets. (Shutterstock)
October 14th, 2018 - 02:08 GMT

Iran Looks at Health, Medical Exports to Counter US Sanctions

Citizens with regular passports of both countries will be allowed visa-free entry. (Shutterstock)
October 14th, 2018 - 02:01 GMT

AE, Mexico Citizens to Enjoy Visa-Free Travel Agreement

During the event
October 11th, 2018 - 10:43 GMT

Global Summit Celebrates Region’s Most Inspiring Innovations and Future Leaders

On Tuesday, the partially-convertible Indian currency hit a fresh low of 74.395 per dollar. (Shutterstock)
October 11th, 2018 - 07:11 GMT

India's Rupee Is Not Recovering Any Time Soon

Qatar has become one of the leading countries in the Gulf to promote workers’ interests and provide their needs, calling on other Gulf states to follow suit. (Shutterstock)
October 11th, 2018 - 06:37 GMT

Qatar Praised for Leading Gulf Nations in Labour Rights

Total assistance committed under the JRP and excluding refugee support of $165.3 million reached about  930 million. (Shutterstock)
October 11th, 2018 - 06:28 GMT

Jordan's Foreign Aid at $1.09 Billion

The partnership will support and encourage industry best practice through the adoption of other standards, such as the International Property Measurement Standards and the International Valuation Standards. (Shutterstock)
October 11th, 2018 - 06:24 GMT

Qatar, RICS to Regulate Realty Market

The move is part of Abu Dhabi Securities Market’s initiatives to adopt the ID card in all its public transactions. (Shutterstock)
October 11th, 2018 - 05:49 GMT

Investors in Abu Dhabi Securities Exchange Will Have Same Emirates ID Number

Achieving Saudi Arabia’s ambitious Vision 2030 requires consolidation of regulations to attract foreign investment, create new jobs and transfer private sector skills to the public sector. (Shutterstock)
October 11th, 2018 - 05:30 GMT

Experts Urge Saudi to Revamp Regulatory Laws to Attract FDI

Turkey has been pushing for trade in local currencies accusing the U.S. administration of using the dollar as a tool to attack other countries’ economies. (AFP)
October 11th, 2018 - 05:25 GMT

Erdogan Wants Africa to Forsake Dollar and Trade in Local Currencies

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