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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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Lowered international food prices have helped curb inflation in the GCC. (Image credit: Shutterstock)
November 10th, 2013 - 05:25 GMT

Why GCC's inflation is held in check

Speaking to Gulf News, she said: “The growth and success of women-owned businesses is one of the most profound changes in the business world today.
November 10th, 2013 - 04:55 GMT

Businesswomen in MENA need 150 years of support

The raids have had a direct impact on area markets, which have raised produce prices by as much as 100 percent. Farmers in Jazan, Baha, Taif and Asir also reported raids, which in turn have affected the flow of supplies to markets.
November 7th, 2013 - 03:55 GMT

Time to 'Saudize' vegetable selling? Relentless crackdowns cripple small and medium businesses

it is difficult for any decision-maker or government to convince people that subsidy cuts—which of course means an immediate increase in prices—is in their interests in light of low income levels, with many barely making ends meet at all.
November 7th, 2013 - 01:54 GMT

The Arab Spring effect: the use of 'hat politics' by Mideast economists

Al Bawaba
November 7th, 2013 - 12:21 GMT

Lenovo Posts Second Quarter 2013/14 Results

The political situation in Lebanon and the conflict in neighboring Syria is becoming increasingly detrimental to trading activity within Beirut's stock exchange (Courtesy of the Daily Star)
November 7th, 2013 - 09:11 GMT

'Lackluster' projections for Beirut Stock Exchange in 2014 as political deadlock persists

The Arab food gap is affecting most types of farm products, including cereals, what and rice (Courtesy of the Saudi Embassy)
November 7th, 2013 - 08:52 GMT

GCC food gap reaches $23 billion

Al Bawaba
November 7th, 2013 - 08:04 GMT

Jotun’s 2014 Colour Collection sets the trend for worldwide style and inspiration

DP World
November 7th, 2013 - 07:32 GMT

DP World to use global expertise to assist Kazakhstan in expanding port and logistics capacity

Real estate is one of the key sectors driving Dubai's growth. (Image credit: Shutterstock)
November 7th, 2013 - 05:48 GMT

Key sectors contribute to record UAE GDP growth

Trying to grasp the enormity of not only what the Expo will do for the region, but the legacy it will leave has to do with the numbers and sheer magnitude of the event.
November 6th, 2013 - 04:09 GMT

Why should one care about the Expo 2020?

Carried out on a build-operate-transfer, the project entailed the construction of a 325-kilometre pipeline to convey water from the ancient Disi aquifer in southern Jordan to the capital.
November 6th, 2013 - 03:24 GMT

Mashallah! Jordan's Disi Pump at 90% capacity

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