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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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Egypt and Kuwait also inked a framework agreement to finance the second phase of the Sinai development programme at a value of $1 billion up to 2022.
October 28th, 2019 - 08:37 GMT

Kuwait Group Ink $85 Million Deal With Egypt to Fund Tunnel Road

Iran’s membership in EAEU can also help facilitate country’s interactions with the World Trade Organization (WTO).
October 28th, 2019 - 07:52 GMT

Iran: EAEU Membership Can Increase Rial's Credibility

The commercial exchange volume between Qatar and Jordan grew by 18 per cent in 2018 to 1.3 billion Qatari riyals, compared with 1.1 billion Qatari riyals in 2017.
October 28th, 2019 - 07:43 GMT

Qatar, Jordan Explore Means to Enhance Bilateral Trade

The last time the Fed reduced rates three times, while the economy was growing, was in 1998.
October 28th, 2019 - 07:30 GMT

US Mulls Cutting Interest Rate for the Third Time

According to the Dubai Chamber of Commerce and Industry, bilateral UAE-Brazil trade last year was $2.7 billion.
October 28th, 2019 - 07:21 GMT

UAE, Brazil Ink Deals to Strengthen Bilateral Trade Ties

The US and China have imposed billions in tariffs on each other's goods, badly hurting financial markets and causing concern that the conflict will force world economy into recession.
October 28th, 2019 - 07:01 GMT

US-China Trade Deal to Boost Global Stock Markets

The government expects funding through the current financing program with the International Monetary Fund
October 27th, 2019 - 02:00 GMT

Tunisia Determined to Repay Its $4 Billion Debts by 2020

The deal ensures the continuity of trade flows unhindered between the two countries
October 27th, 2019 - 01:30 GMT

Morocco, UK Sign Agreement to Maintain Post-Brexit Trade Flow

Russia intends to continue rendering all necessary aid and support for the normalisation of the situation
October 27th, 2019 - 01:00 GMT

Russia Keen on Strengthening Economic Cooperation With Sudan

There are 42 Qatari-Austrian companies working in various sectors
October 27th, 2019 - 12:30 GMT

Qatar, Austria Trade Volume Soars to QR786 Million in 2018

in addition to the existing productive factories, Modon has 6,190 industrial service and logistical contracts.
October 27th, 2019 - 12:00 GMT

435,000 Employees Work in Over 3,400 Factories in Saudi Arabia

Technology up-gradation was not on the list for almost 51 percent of consumers in Q2 2019 chiefly due to budget constraints.
October 27th, 2019 - 10:30 GMT

Consumer Confidence Index in Dubai Witnesses a Marginal Decline in Q2

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