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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 IMF official said growth increased to about 3 per cent in 2013
April 6th, 2014 - 05:52 GMT

IMF to disburse $264m to Jordan under a Stand-By Arrangement in April

Al Bawaba
April 6th, 2014 - 05:22 GMT

AED 161 billion worth transactions completed through Dubai Customs’ Client Accreditation Program in 2013

Al Bawaba
April 6th, 2014 - 05:05 GMT

Trade license renewal in DED set to go smart in line with ‘Dubai Smart Government’

A 2013 World Bank ranking on the ease of doing business puts Kuwait at 104 out of 189 economies, by far the lowest in the GCC. The next lowest, Qatar, is at 48 while Saudi Arabia is at 26 and the UAE leads at 23.
April 6th, 2014 - 02:55 GMT

The cost of democracy and the 'nanny state'? Kuwait is staggering behind in every way possible

According to SFD sources, around 50 companies were referred to the Public Prosecution last year. Altogether 84 cases were registered during the same time.
April 4th, 2014 - 07:41 GMT

Going Saudi-style? Qatar cracks down on migrant workers

Bahrain's Gross Domestic Product grew by 0.7 per cent in fixed prices and 1.7 per cent in current prices in fourth quarter of 2013
April 3rd, 2014 - 09:55 GMT

A post-Arab Spring bounce? Bahrain’s economy rebounds with 7.1pc growth

Al Bawaba
April 3rd, 2014 - 08:17 GMT

Dubai Chamber workshop focuses on practicalities of share purchase contracts

Al Bawaba
April 3rd, 2014 - 06:50 GMT

You know things are bad when....Turkey goes asking for Gulf money

An emerging trend for the GCC’s plastic industry will be the diversification of its products portfolio, for wide ranging applications in the aviation, transport and food packaging sectors
April 3rd, 2014 - 02:55 GMT

Giving their economies a 'new look': GCC headed towards the plastic option

Al Bawaba
April 2nd, 2014 - 11:37 GMT

DP World honours 140 employees for outstanding performance and innovation

Al Bawaba
April 2nd, 2014 - 11:31 GMT

No 'yummy' factor here: Food and beverage sector deteriorating heavily in Lebanon

Compared to 2013, Dubai traders’ expectations grew 0.5 points in 2014 from 6.0 points
April 2nd, 2014 - 10:29 GMT

Dubai's commercial traders show positive outlook for the market in 2014

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