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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 Kingdom is among the top 20 countries in the world, and second among the most high-income in G-20 countries. (File photo)
November 1st, 2017 - 07:48 GMT

Saudi Arabia Ranks Second in World’s High-Income Countries for Business Reforms for 2018

Date farmers in Jericho in the West Bank are using treated water to grow crops and expand their businesses. (Alaa Badarneh for USAID)
November 1st, 2017 - 06:09 GMT

With Water Projects in West Bank and Gaza, US Cultivates Hope

The IMF has encouraged GCC countries to increase the pace of their reforms after projecting the worst growth in the region for years. (File photo)
October 31st, 2017 - 06:00 GMT

Gulf Region Staring at Its Worst Growth Since 2009: IMF

Turkey's food exports to Qatar surged 98 percent in the first nine months of 2017, compared to last year. (File photo)
October 31st, 2017 - 05:00 GMT

Turkey's Exports to Qatar up 90 Percent Since Blockade

Global Business Forum on Africa launches on November 1, at Madinat Jumeirah in Dubai.
October 31st, 2017 - 12:33 GMT

Fourth Global Business Forum on Africa Kicks off in Dubai With High-Ranking Officials

VAT is likely to bring notable changes in the way business is carried out by hospitality firms in the UAE. Here are some of these changes. (File photo)
October 30th, 2017 - 11:54 GMT

Opinion: How VAT in UAE Will Affect Tourism, Hospitality Sectors

Turkey and Jordan agreed in 2016 on a Roll-on/Roll-off 'Ro-Ro' route between Turkish ports and Jordan’s Aqaba port, but the deal never took off. (File photo)
October 30th, 2017 - 11:26 GMT

Turkey, Jordan Mull New Maritime Route Project

For the first time since 1986, Oman’s remittance inflows this year is projected to reach $40 million, according to a World Bank report. (File photo)
October 30th, 2017 - 10:56 GMT

For First Time Since 1986, Oman’s Remittances Reach $40 Million

The new service is aimed at helping customers save time by providing them with a fully-equipped van with internet services, laptops, and technology, with the service available 24/7. (Courtesy of Sharjah Chamber)
October 30th, 2017 - 10:44 GMT

Sharjah Chamber of Commerce Deploys 'You Call, We Arrive' Trucks for Private Sector

The agreements enforce Law No. (21) of 2015 regulating the entry and exit of expats and their freedom to change their employer. (AFP/ File)
October 29th, 2017 - 03:33 GMT

Qatar Signs 41 Worker Protection Agreements With Different Countries

The free zone will cater to major regional and international manufacturers to store their goods in warehouses to be shipped later to local markets via e-commerce. (Shutterstock)
October 29th, 2017 - 11:37 GMT

Dubai Launches First-Ever E-Commerce Free Zone in Middle East Region

The campaign also meant to verify the enforcement of public safety and environmental protection laws in the surroundings of construction sites.
October 29th, 2017 - 06:22 GMT

Abu Dhabi City Municipality Issues 244 Construction Site Offences in Al Shamkha

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