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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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Iran underlines that the IAEA is the sole competent authority responsible for the verification of the fulfillment of safeguards obligations. (Shutterstock)
November 11th, 2018 - 04:35 GMT

Iran Fights for Right to Develop National Nuclear Fuel Cycle

This is a bid for the UAE to achieve regional and global leadership in attracting innovation and advanced technology applications such as self-driving vehicles and AI in health. (Shutterstock)
November 11th, 2018 - 04:29 GMT

UAE Issues New Law for Future Technologies Applications

The decision was made after "a broad assessment of recent developments in Saudi Arabia and the unclear situation in Yemen", according to a statement by the foreign ministry. (Shutterstock)
November 11th, 2018 - 04:19 GMT

Norway Joins Germany in Arms Export Boycott Against Saudi Arabia

These results reflect the significant progress made by the UAE in Information and Communications Technology, ICT, which had been the outcome of the Telecommunication Regulatory Authority's, TRA's, diligent work, guided by the leadership directives. (Shutterstok)
November 11th, 2018 - 04:13 GMT

UAE Sixth in the World in Global Competitiveness Index

It is great for oil countries to fix goals and targets, and show the world its commitment to stabilize energy price. (Shutterstock)
November 11th, 2018 - 04:07 GMT

Opinion: Are Arab Oil Producers' Claims of Ability to Increase Production Empty Promises?

Those arrested included 13 Saudis, 16 Yemenis, 13 Ethiopians, one Afghan and one Somali, after they were monitored crossing the Kingdom’s southern border, including the areas of Jazan, Najran and Asir. (SPA)
November 11th, 2018 - 04:01 GMT

Saudi Succeeds in Stopping More Than Half a Ton of Hashish to Enter the Country in Past Month

The new customs gate was named after Turkey's Operation Olive Branch, which was launched on Jan. 20 to free Afrin of YPG/PKK and Daesh terrorists. (Shutterstock)
November 11th, 2018 - 03:56 GMT

Turkey, Syria Trade Resumes With New Customs Gate Opening

The Hive will complement ADNEC’s existing portfolio of event spaces by introducing a multi-functional environment which combines functionality with aesthetic appeal.
November 8th, 2018 - 11:53 GMT

Adnec to Launch First-of-Its-Kind Meeting Space in Abu Dhabi

HE Majid Saif Al Ghurair-Chairman Dubai Chamber
November 8th, 2018 - 10:13 GMT

Tech Mix Conference in Dubai Showcases Innovative Solutions From UAE and Italian Startups

A security source said this happened in the background of letters issued by the Undersecretary of the Criminal Security at the Ministry of Interior Major-General Khalid Al-Dayeen to the Undersecretary of the Ministry of Interior and the issue was discussed at the highest level. (Shutterstock)
November 8th, 2018 - 03:23 GMT

Citing Security Concerns, Kuwait Bans Entry to These Nationalities

Misk Innovation was set up to help young Saudis to embrace the technological revolution. It aimed to provide a comprehensive framework to discover, develop and empower young Saudis. (Shutterstock)
November 8th, 2018 - 03:12 GMT

Saudi Wants to Be the Next Innovation Hub. Will Techies Answer the Call?

Prior to U.S. sanctions on Iran, Japan decreased its Iranian imports in September by 140 thousand barrels per day (bpd) from the 183 thousand bpd imported in June. (Shutterstock)
November 8th, 2018 - 03:00 GMT

Japan to Apply for Extension on Iranian Waivers

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