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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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34,000 expatriate workers left Oman’s private sector in 2018
October 16th, 2019 - 09:00 GMT

Oman to Track Expats’ Remittance

The country's budget revenues rose 19.5% to hit $116.1 billion year-on-year in Jan.-Sept.
October 16th, 2019 - 08:30 GMT

Turkey’s Budget Posts $15.3 Billion Deficit Within 9 Months

The IMF expects a slight rebound in 2020 but warns of threats ranging from heightened political tensions in the Middle East
October 16th, 2019 - 08:00 GMT

IMF Projects Jordan’s Economy to Grow by 2.2 Percent

The UAE Central Bank, last month, revised the country's forecast upward by 0.4 per cent to 2.4 per cent for 2019
October 16th, 2019 - 07:30 GMT

IMF Slashes UAE’s Growth Outlook to 1.6 Percent

The millers’ decision to hold a strike on Monday as extortion of the Lebanese citizens.
October 16th, 2019 - 06:35 GMT

Bakeries Suspend Strike After Promises to Resolve Dollar Crisis in Lebanon

IMF forecast Egypt’s current account deficit would widen to 2.8% of GDP this fiscal year.
October 16th, 2019 - 06:00 GMT

IMF: Egypt’s Economy to Grow 5.9 Percent In Year to End of June

While trade with Russia reached Dh7.38 billion in 2017, in the first six months of 2019 it reached Dh4.55 billion.
October 15th, 2019 - 10:07 GMT

Dubai-Russia Trade Soars to $2.5 Billion in 2018

The country’s politically sensitive trade surplus with the United States contracted by 16.5% from a year earlier but stood at $25.9 billion.
October 15th, 2019 - 07:09 GMT

China's Trade With US Plummets by Double Digits

Job vacancies were available in more than 75 factories and plants in various industrial sectors and across the Lebanese regions.
October 14th, 2019 - 01:00 GMT

Lebanon: 3,850 Job Vacancies in the Industrial Sector

The currency has fallen nearly 12% so far this year
October 14th, 2019 - 12:30 GMT

Turkish Lira Slips After Trump’s Sanctions Threat

Russia is a promising destination for Emirati investments
October 14th, 2019 - 11:00 GMT

UAE,Russia Non-Oil Trade Exceeds $14 Billion Over the Past Five Years

Russia has attempted to reduce its exposure to the US through a “de-dollarization” policy to offset the impact of US sanctions.
October 14th, 2019 - 10:00 GMT

Russia Is Looking for Ways to Substitute Dollars for Euros, Roubles

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