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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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Jordanian Foreign Minister Ayman Safadi with French Minister of Europe and Foreign Affairs Jean-Yves Le Drian. (KUNA)
August 5th, 2018 - 09:29 GMT

France to Loan €1 Billion to Jordan

Iranian protesters shout slogans during a demonstration in central Tehran on June 25, 2018. (AFP)
August 5th, 2018 - 08:37 GMT

Protests Continue in Iran Due to Fear of New Sanctions

The report has also projected that Qatar's current account balance would account for 7.5 percent of the total GDP. (Shutterstock)
August 5th, 2018 - 08:22 GMT

Report: Qatar GDP to Reach $75,063 in 2022

Alwaleed Bin Talal. (Reuters)
August 4th, 2018 - 09:06 GMT

First Deal After Detention: Saudi Prince Invests SAR1 Billion Into Deezer

Lebanese economy is "not doing great. (Shutterstock)
August 2nd, 2018 - 11:34 GMT

Lebanon to Lose Projects Due to Fragile Economy

About $12.1 billion worth of projects are planned or under way in the oil and gas project market. (Pixabay)
August 2nd, 2018 - 11:28 GMT

Report: Qatar to Award $85 Billion Construction Projects

Ehsan Khoman, Head of Research and Strategist for MENA at MUFG (CPI Financial)
August 2nd, 2018 - 11:13 GMT

Changes to Be Witnessed in the Middle East's Economy

Ten years on, and the latest BRICS summit this week has hardly merited a headline in the international media, though of course the journalists of the five states involved have given the three-day event in Johannesburg dutiful attention. (AFP)
August 2nd, 2018 - 11:05 GMT

Is It the end of the BRICs?

A number of global immigration consultants and advisors will join the 10th edition of the International Real Estate and Investment Show (IREIS).
August 2nd, 2018 - 10:55 GMT

More Than Half of Eligible UAE Expats Seek Second Passport

The ministry urged the public to cooperate with the police and to report those wanted by the security and judicial authorities. (Shutterstock)
August 2nd, 2018 - 10:53 GMT

500 Expats to Be Deported in Kuwait

The number of violators arrested in Saudi Arabia since November 15, 2017 has reached 1,483,009. (Pixabay)
August 2nd, 2018 - 09:56 GMT

Over 10,000 Expats Deported Within One Week in Saudi Arabia

Saudi remittances abroad in the first half of this year reached SR33.01 billion compared to SR27.58 billion during the same period last year, registering a growth of 19.7 percent or SR5.43 billion. (Shutterstock)
August 2nd, 2018 - 09:47 GMT

After the Exodus: Expat Remittances Fall 16.9 Percent

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