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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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The AU estimates that the deal will lead to a 60-percent boost in intra-African trade by 2022.
July 9th, 2019 - 09:00 GMT

African Leaders Launch Operational Phase of AfCFTA Free Trade Deal

Structural steel imports from China and Mexico together amounted to $1.5 billion in 2018
July 9th, 2019 - 08:30 GMT

US Announces New Duties on Mexican and Chinese Steel

The investment environment in Turkey has changed rapidly in recent years
July 9th, 2019 - 08:00 GMT

Gulf Investors Identify Five Challenges Facing Turkey

Palestinian and Jordanian finance ministers discussing cooperation in the Jordanian capital, Amman.
July 8th, 2019 - 10:04 GMT

Jordan, Palestine to Link Customs Electronically on Their Joint Crossings

Strive Masiyiwa.
July 8th, 2019 - 09:18 GMT

Company Controlled by ‘Zimbabwe’s Richest Man’ Faces Bankruptcy

Saeed Mohammed Al Tayer with a high-level delegation from the Brunei Ministry of Energy, Manpower, and Industry, MEMI.
July 8th, 2019 - 08:14 GMT

Dubai Explores Cooperation Opportunities With Brunei

Eligible applicants can recover an unlimited amount of taxes incurred if the said amount is transferred to their card.
July 8th, 2019 - 06:13 GMT

UAE Sets Daily Cash Limit per Tourist for VAT Refunds at $1,905

GCC's relatively young population is also seen as major future contributor in the transformation and diversification of economies.
July 7th, 2019 - 03:34 GMT

Liquid Assets, Low Debt Levels to Keep GCC Resilient to Global Economic Slowdown

$62 million worth of nano products were exported to these countries last year.
July 7th, 2019 - 11:10 GMT

Iran’s Nano Exports to Hit $1 Billion by 2025

During the event
July 7th, 2019 - 09:23 GMT

Dubai Customs Explores More Mutual Trade With KSA

That is the equivalent of all Japanese exports grinding to a halt for two years.
July 7th, 2019 - 08:40 GMT

US-China Trade War Could Cost the World Nearly $1.5 Trillion in Lost Trade

The sources said 13,000 illegal expatriates, including 11,047 men and 1,953 women, were currently being held in various detention centers in the country.
July 7th, 2019 - 07:16 GMT

Saudi Arabia Deports Over 800,000 Expats Since November 2017

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