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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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Pearl has been identified recently by Dubai Exports among a number of product categories that can help boost the emirate’s exports and industrial sector. (Image credit: Shutterstock)
December 29th, 2013 - 07:21 GMT

UAE's original economy still thrives: Pearl trade up 15%

The committee's tasks will involve reviewing the associations' accounts and businesses and writing reports on their activities and financial positions.
December 29th, 2013 - 03:55 GMT

Egypt to reshuffle Muslim Brotherhood's frozen funds

Four Gulf states — Qatar, Saudi Arabia, Kuwait and the UAE — agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017.
December 29th, 2013 - 03:55 GMT

The new pampered child to replace Egypt? Qatar okays $1.25 billion aid package to Morocco

Arguably the Indian Government has been far more effective in crashing the price of gold than saving its currency.
December 27th, 2013 - 09:36 GMT

How gold is being legally smuggled into the UAE

Lower crude oil prices and reduced production might materialize, with the increased possibility of oversupply from OPEC and non-OPEC, which will weigh negatively on oil revenues and will reverse the hefty fiscal and current account surpluses of recent years.
December 26th, 2013 - 05:18 GMT

SAMA's unprecedented role in safegaurding the Saudi economy

Last December, Toyota said it had agreed to pay about $1.1 billion (€800 million) to settle a class action lawsuit launched by US vehicle owners affected by the series of mass recalls from the automaker.
December 26th, 2013 - 03:30 GMT

Speeding ticket? Blame your toyota! Saudi Arabia forced to recall 400,000 Toyotas for unintended acceleration

Rising construction costs in Qatar are of concern. (Image credit: Shutterstock)
December 26th, 2013 - 10:28 GMT

Why Dubai's Expo 2020 win is bad for Qatar

The Egyptian Trade Union has been a main site of protests in the country since the Jan. 25 revolution (Courtesy of the Christian Science Monitor)
December 26th, 2013 - 09:09 GMT

Work without wages? Egypt fails to establish minimum salary for private sector workers

Dubai Chamber of Commerce and Industry
December 26th, 2013 - 06:29 GMT

Dubai Chamber study reviews investment potential of Dubai’s stock market

Al Bawaba
December 26th, 2013 - 06:07 GMT

Samsung extends HomeSync compatibility to more Android devices

Al Bawaba
December 25th, 2013 - 03:55 GMT

What about the underprivileged who can't go online? Saudi Arabia releases labour questionnaire to 'improve working conditions'

Many Iranians  that their economy could be booming if the country wasn’t so isolated.
December 24th, 2013 - 02:47 GMT

Envisioning the possible: how would Iran's economy look like without sanctions?

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