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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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Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy
May 9th, 2018 - 10:00 GMT

UAE, Moldova Agree to Strengthen Economic Cooperation During High-Level Forum

Bitcoin has been hailed as the future of digital finance. (Pixabay)
May 9th, 2018 - 10:00 GMT

Bitcoin's Biggest Rival Faces Overhaul as Computing Power Rises

Mohammed Al Kamali, Deputy CEO of Dubai Exports
May 9th, 2018 - 09:46 GMT

Dubai Exports Leads Local Firms Eyeing New Export Markets to Croatia

The study showed that the potential impact on the UAE economy in just 2 years time at 2020 is estimated at $14.5 billion. (Shutterstock)
May 9th, 2018 - 07:56 GMT

Hunt for Skilled Workers May Cost $8.5 Trillion to Global Economy by 2030

Trump announced the US will pull out of the landmark nuclear accord with Iran. (Courtesy of AP/ KhT)
May 9th, 2018 - 07:41 GMT

UAE, Saudi Arabia Welcome Trump's Decision on Iran Nuclear Deal

Financials are 40 per cent of the Tadawul index and the economic reforms has led to a valuation rerating of Saudi bank shares. (AFP)
May 8th, 2018 - 09:00 GMT

Saudi Equities World's Second Best-Performing Stock Market in 2018 After Egypt

The roundtable was organised as part of Dubai Chamber’s high-level roadshow to the Baltic states, which is taking place May 6th-May 11th.
May 8th, 2018 - 08:52 GMT

Estonia Announces Plans to Open Representative Trade Office in Dubai

There are many Qatari investment in Greece in energy, tourism, hospitality and real estate sectors. (Shutterstock)
May 8th, 2018 - 08:00 GMT

Qatar and Greece to Boost Trade Volume

Prime Minister Hani Mulki directed the economic team of the government and all ministers to maintain a dialogue with all concerned bodies on the law. (AFP/ File)
May 8th, 2018 - 07:42 GMT

Jordan Government Approves Mandating Reasons for Amended Income Tax Law

IMF has marginally raised Saudi Arabia’s 2018 economic growth forecast to 1.7%. (Shutterstock)
May 8th, 2018 - 07:00 GMT

IMF: Saudi Arabia’s Economy Seen to Grow to 1.7 Percent in 2018

Apartment and villa rents fell on average by 3 per cent (quarter on quarter) in Abu Dhabi in the first 3 months of 2018. (Shutterstock)
May 8th, 2018 - 05:48 GMT

Abu Dhabi House Rents Continue to Soften in Q1 of 2018

Riyadh would sign economic and defence agreements with Sudan soon. (Shutterstock)
May 7th, 2018 - 10:00 GMT

Saudi Arabia to Sign Economic and Defence Cooperation With Sudan

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