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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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Moody’s issued a report saying Jordan's debt-to-GDP ratio is expected to be on a gradually declining path as fiscal consolidation in the Kingdom is expected to resume this year and next.
July 11th, 2019 - 09:05 GMT

Foreign Direct Investments in Jordan Plummet by $33 Billion in Q1 2019

The eurozone/euro area or EA19 countries represents member states that use the single currency -- euro -- while the EU28 includes all member countries of the bloc.
July 11th, 2019 - 08:53 GMT

Eurozone's GDP Expectation for 2020 Slips to 1.4 Percent

Federal Tax Authority
July 11th, 2019 - 07:23 GMT

‘Digital Tax Stamp’ Scheme to Be Implemented on Water Pipe Tobacco and Electrically Heated Cigarettes As of November 1 in UAE

Jordan’s exports to North American Free Trade Agreement (NAFTA) countries have increased by 2.5 per cent, including to the US by 3 per cent.
July 11th, 2019 - 07:04 GMT

Jordan’s Exports to EU Fall 2.6 Percent While Exports to US Surge 3 Percent

For sovereigns in the Middle East, investment risk is seen as the biggest challenge to investing in China.
July 11th, 2019 - 06:48 GMT

China’s Attractiveness Rating for Sovereign Investors Higher Than Peers Despite US-China Trade War

HE Hamad Buamim-President and CEO, Dubai Chamber
July 10th, 2019 - 11:18 GMT

New ‘Africa Gateway’ Portal Provides Key Business Insights Into Promising African Markets

During the event
July 10th, 2019 - 10:51 GMT

Dubai Customs Showcases “Productivity Engine” to Hr Department

IMF called for energy sector reforms to eliminate quasi-fiscal losses and encourage investment, including by depoliticising gas and power tariff setting.
July 10th, 2019 - 07:46 GMT

IMF Approves Disbursal of First Tranche of $1 Billion Loan to Pakistan

The Iraqi government said the ban would only last for one year as it intends to increase domestic production in Iraq
July 10th, 2019 - 06:57 GMT

The Reasons Behind Banning Turkish Products in Iraq

The business council meeting evaluated trade between the two countries
July 9th, 2019 - 10:30 GMT

Jordan, Tunisia to Increase Bilateral Trade

The economic analysis found Jordan incurred losses of JD1.6 billion in 2015, representing 6 per cent of overall GDP, due to widespread consumption of tobacco. 
July 9th, 2019 - 10:00 GMT

Tobacco Costs Jordan 6 Percent of Its GDP

There is the 20% option and there are options even higher than that but each in its own place.
July 9th, 2019 - 09:30 GMT

Iran Mulls 20 Percent Uranium Enrichment as Next Step in Reducing Nuclear Deal Commitments

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