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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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Over the past year, pension fund investments have reached QR90 billion. (Shutterstock)
September 24th, 2018 - 07:04 GMT

Buoyed by QR 90 Billion Last Year, Qatar to Improve Pension Fund Investments

Visitors at Russian companies' pavilions at the Damascus International Fair. (AFP)
September 24th, 2018 - 06:54 GMT

Russia, Iran Vie for Syria's Reconstruction Rat Race

on Friday that the Cabinet's decision to exempt and reduce the sales tax on a number of food items and the agricultural sector, went into effect. (Shutterstock)
September 24th, 2018 - 06:48 GMT

Jordan's Reduced Taxes Goes Live

In Tir, from the total of $10.66 billion of foreign debt, $6.72 billion was interim debt and $3.94 billion was long-term debt. (Shutterstock)
September 24th, 2018 - 06:43 GMT

Iran's External Debt at $10.66 Billion, Down 5.6 Percent

Turkey is eager to use local currencies in bilateral trade deals to counter attacks by the U.S. (Shutterstock)
September 24th, 2018 - 06:33 GMT

Turkey Trade Goes Local on Currency to Counter US Attacks

DP World confirmed last week it will continue to pursue all legal means to defend its rights as shareholder and concessionaire in the Doraleh Container Terminal. (File/ Photo)
September 24th, 2018 - 05:58 GMT

UK Court Rules in Favour of DP World Case in Djibouti

Trade and economic relations between the UAE and Saudi Arabia are the largest among the GCC countries. (Shutterstock)
September 24th, 2018 - 05:50 GMT

UAE, Saudi to Create the Largest GDP in GCC With $1.1 Trillion

During Dubai Startup Hub’s panel discussion on SME banking challenges.
September 23rd, 2018 - 10:01 GMT

Dubai Chamber to Head Working Group on SME Banking Challenges

The volume of Qatar-US bilateral trade reached around QR21 billion in 2017. (Shutterstock)
September 23rd, 2018 - 08:00 GMT

Qatar, US Eager to Increase Their Qr21 Billion Bilateral Trade

Discussions covered Jordan’s ties and partnership with the WEF. (Shutterstock)
September 23rd, 2018 - 07:50 GMT

Jordan to Host World Economic Forum 2019

Remittances to home countries surged by 13.1 per cent to Dh88 billion. (Shutterstock)
September 23rd, 2018 - 07:39 GMT

Indian Expats Remittances From UAE Soar to Dh88 Billion

Turkey and Germany on Friday pledged to forge closer economic and strategic ties following a high-level meeting of their finance. (Shutterstock)
September 23rd, 2018 - 07:06 GMT

Turkey, Germany Eager to Maintain Their Bilateral Trade Volume of $43.6 Billion

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