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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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Syrian refugees have fled to Jordan, Lebanon and Turkey in massive numbers since 2011 (File Archive/AFP)
January 9th, 2014 - 09:44 GMT

Jordan responds to the economic impact of the Syrian refugee crisis, but is mitigating the effects possible?

The sultanate’s government recently released a 2014 budget with state planning to spend OMR13.5 billion, up five per cent from the original plan, which envisaged a 29 per cent hike from 2012 expenditure.
January 9th, 2014 - 03:55 GMT

The quiet overachiever: Oman's household income went up almost 85% in 10 years!

Bahrain parliament voted to establish the private sector minimum wage Tuesday (Courtesy of Gulf News)
January 8th, 2014 - 09:18 GMT

Bahrain sets new minimum wage for private sector workers

The yellow metal is back in fashion among Emirati shoppers. (Image credit: Wikimedia)
January 8th, 2014 - 09:03 GMT

Gold rebounds in Dubai

The Middle East is involved in various forms of human trafficking, but it is quite difficult to retrieve statistics on how many victims have been affected by the "business" (Shutterstock)
January 8th, 2014 - 07:06 GMT

Behind the ugly business of human trafficking in the Gulf

Al Bawaba
January 8th, 2014 - 06:57 GMT

LG’s premium, stylish appliances set to impress at CES 2014

Saudi Arabia previously held a conference on healthcare solutions earlier this year (File Archive)
January 8th, 2014 - 06:51 GMT

More IT a day keeps the doctor away? KSA healthcare sector IT spending spikes

Al Bawaba
January 8th, 2014 - 05:40 GMT

Jafza staff and customers take part in ‘Thank You Khalifa’ initiative

Ben Churchill, Managing Director, Emrill
January 7th, 2014 - 07:12 GMT

Emrill’s Ben Churchill presented European CEO Award

Egypt’s economy is curious because it is, as any economist observing it would tell you, an experiment. It follows no model, and it is driven mainly and solely by its huge population.
January 6th, 2014 - 10:27 GMT

The curious case of the Egyptian economy: not a single recession in 22 years

Saudi Arabia's printing industry is the oldest and largest in the Gulf (Courtesy of Global Arab Network)
January 6th, 2014 - 09:56 GMT

Not enough ink for this number: oldest printing market in GCC worth $800 million

Al Bawaba
January 6th, 2014 - 06:50 GMT

Hansgrohe products awarded prestigious Abu Dhabi Environmental Performance Trustmark

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