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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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Al Bawaba
October 12th, 2014 - 05:17 GMT

Dubai Customs marks an exceptional participation in GITEX 2014

The programs for tackling unemployment have contributed to creating a parallel crisis in the labor market and disrupting the market.
October 12th, 2014 - 03:55 GMT

What's Saudization going to take? 30,000 jobs a year

The intensification of the civil war in Syria and the continued influx of refugees have adversely affected Lebanon’s economy.
October 9th, 2014 - 11:59 GMT

How will MENA economies look in 2015?

It was the sixth consecutive slip in the index, which FAO said was the longest period of continuous falls since the late 1990s.
October 9th, 2014 - 11:39 GMT

Time to appreciate the appreciating US dollar? World food prices dip to 4 year-low

The Europe-Iran Forum is being held at a politically sensitive moment as world powers try to reach a deal with Iran on its nuclear program before a Nov. 24 deadline.
October 9th, 2014 - 11:34 GMT

Sanctions face-off: Iran to unveil its corporate side in London next week

Al Bawaba
October 9th, 2014 - 01:41 GMT

A done deal: France to go ahead with Riyadh-sponsored $3 billion arms 'gift' to Lebanon

Israel plans to fully or partly privatise a number of state-owned companies in a move aimed at boosting efficiency, reducing the national debt and fighting corruption.
October 9th, 2014 - 01:31 GMT

Going cold turkey: a look into Israel's impending $4 billion privatization drive

Al Bawaba
October 9th, 2014 - 10:38 GMT

Dubai Chamber sustainability network members conduct best practices session on road safety in commercial driving

Al Bawaba
October 9th, 2014 - 05:16 GMT

Dubai Customs welcomes Hujjaj returning home

Egypt's economy has been hit by more than three years of political and economic turmoil following the 2011 uprising that toppled Hosni Mubarak after 30 years in power.
October 9th, 2014 - 03:55 GMT

Higher confidence: Egypt's business activity grows at near-record pace

Al Bawaba
October 8th, 2014 - 11:52 GMT

Another bubble burst for Scarlet Johansson? Sodastream shares collapsing

Essam Khalifa, another economist, called for a qualitative improvement of the Saudi labor market to increase the demand for Saudi workers compared with expats.
October 8th, 2014 - 01:56 GMT

A futile endeavour? Recruitment of 1.2 million expats defeats Saudization drive

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