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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
September 17th, 2014 - 10:46 GMT

Dubai Chamber consolidates bilateral ties with Azerbaijani bankers

Almost two-thirds (65 per cent) of wealthy individuals in the UAE identified strong economic security and opportunity as the key factor behind their decision to reside within the country over the next five years
September 17th, 2014 - 03:55 GMT

What's really attracting high net worth individuals to living in the UAE?

Al Bawaba
September 16th, 2014 - 02:52 GMT

Egyptian court upholds jail sentence, $7 million fine against business tycoon Nassef Sawiris

Al Bawaba
September 16th, 2014 - 08:10 GMT

Samsung introduces the latest in its iconic Note Series - The Galaxy Note 4, and showcases next generation display with Galaxy Note Edge

Al Bawaba
September 16th, 2014 - 07:42 GMT

Dubai Customs director tours passenger and cargo terminals at Al Maktoum International Airport

Al Bawaba
September 16th, 2014 - 06:18 GMT

PepsiCo MEA president wins CEO of the Year – Consumer Goods at CEO Middle East Awards

 Female workforce participation stands at an estimate of just 24% in the Middle East, but the region’s women are proving their worth.
September 15th, 2014 - 09:27 GMT

Forbes Middle East reveals names region's 200 most powerful women

Under the project, the capacity of the Mina al-Ahmadi refinery will drop to 347,000 barrels per day (bpd) from 466,000, while Mina Abdulla refinery’s capacity will rise to 454,000 bpd from 270,000.
September 15th, 2014 - 08:37 GMT

Kuwait's KNPC names advisor for $12 billion Clean Fuels Project

The majority of small companies in the region are aiming to grow staff numbers by more than 10 per cent, indicating rising optimism among businesses.
September 15th, 2014 - 04:44 GMT

Talk about an employment rush: 86% of GCC firms will be hiring in the next three years

Al Bawaba
September 15th, 2014 - 04:10 GMT

Stepping out, completely: Arabtec's ex-CEO agrees to sell stake to Aabar

Al Bawaba
September 15th, 2014 - 02:40 GMT

Jordanian citizen sues members of Parliament for granting themselves lifetime pension

Al Bawaba
September 15th, 2014 - 10:44 GMT

Xerox Corporate Golf Challenge Eighth Qualifier at Els, Dubai

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