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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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Growth rates of 3.4 percent and 3.6 percent are projected in 2020 and 2021, respectively. (Shutterstock)
January 16th, 2019 - 08:23 GMT

World Bank: Economic Growth in Tunisia to Reach 2.9 Percent in 2019

The key monitored sectors - construction, wholesale & retail and travel & tourism - registered slower improvements in business conditions in December. (Shutterstock)
January 16th, 2019 - 08:07 GMT

Dubai Economy Tracker Index Hits Second Lowest Reading in Over Two Years

Saudi Arabia Mulls Gas Network Extension With UAE, Oman (Shutterstock)
January 15th, 2019 - 10:11 GMT

Saudi Arabia Mulls Gas Network Extension With UAE, Oman

Jordan,Iraq Agree to Finalize Basra-Aqaba Oil Pipeline
January 15th, 2019 - 09:47 GMT

Jordan,Iraq Agree to Finalize Basra-Aqaba Oil Pipeline

Mutual Investments Between Kuwait, UK Exceeds $4 Billion in 2018 (Shutterstock)
January 15th, 2019 - 09:08 GMT

Mutual Investments Between Kuwait, UK Exceeds $4 Billion in 2018

Vendors’ VAT Registration Status Can Be Checked Online in Bahrain (Shutterstock)
January 15th, 2019 - 09:01 GMT

Vendors’ VAT Registration Status Can Be Checked Online in Bahrain

A total of 4,557 expatriates were deported and another 5,413 arrested for “violating provisions of the Labour Law”. (Shutterstock)
January 15th, 2019 - 08:17 GMT

More Than 4,500 Expats Deported, 5000 Arrested in Oman

Market sentiment should improve in the long run as the new visa regulations will provide a boost to the UAE's real estate market. (Shutterstock)
January 15th, 2019 - 07:30 GMT

UAE Relies on Visa Reforms to Stimulate Property Market

The Iranian foreign minister commended Iraq's positive stance on the promotion of ties with Iran (Shutterstock)
January 14th, 2019 - 11:25 GMT

Iraq to Strengthen Trade Ties With Iran Despite US Sanctions

More Than $6 Billion Allocated to Support SMEs in Egypt (Shutterstock)
January 14th, 2019 - 09:57 GMT

More Than $6 Billion Allocated to Support SMEs in Egypt

Jordan and Egypt on Sunday signed agreements under which the Kingdom will be provided with half of its needs of natural gas to generate electricity for 2019. (Shutterstock)
January 14th, 2019 - 08:59 GMT

Egypt to Supply Jordan With 50 Percent of Its Gas Demand

Qatar, US to Bolster Bilateral Trade Ties (Shutterstock)
January 14th, 2019 - 08:49 GMT

Qatar, US to Bolster Bilateral Trade Ties

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