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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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With some $30 million in grants, the plan calls for the creation of a modern database to register land ownership.
June 24th, 2019 - 06:10 GMT

US Unveils $50 Billion Investment in Palestinian Infrastructure, Education

Saudi Crown Prince Mohammed bin Salman recently said in an interview that Aramco's IPO plan is on track for 2020-21
June 24th, 2019 - 06:00 GMT

10 Companies to Go Public in GCC With Over $7 Billion Fund Raising in the Offing

Consumers in Oman did not expect some products to be listed as taxable, such as some sports drinks.
June 23rd, 2019 - 01:00 GMT

Oman Warns Companies From Overcharging 'Sinful' Products

Currently over 10 million expats work and live in Saudi Arabia.
June 23rd, 2019 - 12:00 GMT

Saudi Arabia Launches New Residency Scheme for Expats

The issue of our Palestinian people is a nationalistic issue
June 23rd, 2019 - 11:30 GMT

Palestinians Dismiss Economic Part of Middle East 'Peace Plan'

Leading airlines around the world are rerouting some of their flight paths to avoid Iranian airspace
June 23rd, 2019 - 11:00 GMT

Airlines to Stay Away From Iranian Airspace Due to Ongoing US-Iran Tensions

It was gold’s turn to take centre stage on Friday, with the commodity reaching $1,412.08 an ounce, the highest level since September 2013
June 23rd, 2019 - 10:00 GMT

Gold Prices Soar Amid the Rise in US-Iran Tensions

Within 10 years, the plan aims to double Palestine's Gross Domestic Product (GPD) by calling for $27 billion dollars in projects in the West Bank and Gaza.
June 23rd, 2019 - 09:00 GMT

US Reveals Economic Section of Middle East Peace Plan

The Middle East sees its consumption grow by over 2% per year until 2024
June 23rd, 2019 - 08:30 GMT

The Consumption of Global Gas to Increase 1.6 Percent Annually

Germany is Iran’s biggest trading partner in the European Union.
June 23rd, 2019 - 08:00 GMT

German Companies Continue Trading with Iran Despite US Sanctions

Trading volume increased by 90.1 percent to reach 225.1 million shares
June 23rd, 2019 - 06:30 GMT

Qatar Stock Exchange Gains Nearly QR13 Billion Amid Heavy Trading Volume

A number of agreements and memoranda of understandings (MoUs) were signed on the sidelines of the Jordan-Singapore Business Forum by private-sector representatives from the two sides.
June 22nd, 2019 - 03:00 GMT

Jordan, Singapore Ink New Agreements to Boost Economic Cooperation

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