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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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Riyadh has announced the launch of a massive project to provide 10,000 jobs for young Saudi men and women. (AFP/ File)
February 5th, 2018 - 08:47 GMT

Saudi Arabia: New Project in Riyadh to Provide 10,000 Jobs for Saudis

Saudi banks’ domestic liquid assets ended 2017 at a record high, despite subdued deposit growth and challenging business conditions. (Shutterstock)
February 4th, 2018 - 12:02 GMT

Saudi Banks’ Liquidity Improve in 2017, Despite Tough Market Conditions

A ‘hire and fire’ policy may be the best solution to boost employment in Oman, according to analysts. (Shutterstock)
February 4th, 2018 - 11:44 GMT

‘Hire and Fire’ Policy, Best Way to Boost Employment in Oman

During the visit, the Director General emphasized on the important role played by the 'Tasheel' Centres.
February 4th, 2018 - 10:43 GMT

Director General of Department of Economic Development Ajman Inspects Progress of ‘Tasheel’ Centers

At the meeting chaired by His Excellency Sultan bin Saeed Al Mansouri, Chairman of DIEDC, board members approved in principle several initiatives to be executed in the upcoming four-year period.
February 4th, 2018 - 08:58 GMT

DIEDC’s First Board Meeting in 2018 Approves Actionable Initiatives for Upcoming Period

The tour was part of Dubai Exports' efforts in enhancing strategic communication with trade and export bodies worldwide in order to open new horizons for Made in UAE products.
February 4th, 2018 - 07:33 GMT

Dubai Exports Builds on Brazil Ties to Boost Trade and Economy

he workshops and field visits are aimed to support grocery owners comply with the guidelines introduced to promote competitiveness, and quality of customer service.
February 4th, 2018 - 07:07 GMT

Dubai Economy Conducts Workshops and Site Visits to Groceries

Dr. Mohammed Al Zarooni, Director General of the Dubai Airport Freezone Authority during the inauguration.
February 4th, 2018 - 06:45 GMT

Dubai Airport Freezone Authority Opens New Office of Aerogen

The two discussed means of boosting cooperation between Tunisia and Dubai especially in bilateral trade and customs business.
February 4th, 2018 - 06:34 GMT

Dubai Customs’ Director Discusses Bilateral Cooperation With Tunisian Consul General

Bitcoin was trading at $9,549 by 05:52AM ET (10:52AM GMT) on the Bitfinex exchange today. (Shutterstock)
February 1st, 2018 - 03:16 GMT

Bitcoin Trades Below $10,000 in Worst Decline Since 2015

French President Emmanuel Macron and his wife Brigitte Macron descend from an airplane upon their arrival at Tunis-Carthage International Airport on January 31, 2018. (Zoubeir Souissi/ AFP)
February 1st, 2018 - 11:40 GMT

1,100 Business Leaders Gather in Tunis for First Tunisia-France Forum

The Saudi Arabian Monetary Authority (SAMA) has reported a 6.7 percent drop in foreign remittances in 2017, compared to the previous year. (AFP/ File)
February 1st, 2018 - 10:12 GMT

Foreign Remittances Fall to $37 Billion From $41 Billion in 2015: Saudi Arabia

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