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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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Ajay Singh, DP World Sokhna CEO
April 24th, 2018 - 05:43 GMT

DP World Sokhna Launches Vehicle Booking Service to Enhance Trade Movement

There is one crucial aspect of investment management that is often overlooked - documenting your investments. (Shutterstock)
April 23rd, 2018 - 09:26 GMT

Planning to Invest in UAE? Follow These 6 Simple Tips

Dubai Economic Department had forecast the economy would growth 3.2 per cent in 2017 and 3.5 per cent in 2018. (Shutterstock)
April 22nd, 2018 - 10:14 GMT

Dubai’s Economy Slows in 2017: Report

Shaikha Ahmed Al Bishri, Director of the Business Excellence Department in DED.
April 22nd, 2018 - 08:28 GMT

Business Excellence Awards 2017 Winners to Be Declared on April 24

Jordan suspended the free trade agreement deal with Turkey in March this year. (File photo)
April 19th, 2018 - 10:00 GMT

Jordan, Turkey to Renegotiate Suspended FTA Deal

The World Steel Association (Worldsteel) has projected global steel demand will rise 1.8 percent year-on-year in 2018. (File photo)
April 19th, 2018 - 09:00 GMT

World’s Steel Demand to Reach 1.62 Billion Tons in 2018: Report

India is the first trading partner for the UAE. (File photo)
April 19th, 2018 - 06:00 GMT

Trade Between UAE, India Likely to Cross $100 Billion by 2020

Unemployment in the UK hit 4.2 percent, down from 4.7 percent a year earlier. (AFP/ File)
April 18th, 2018 - 11:20 GMT

UK's Unemployment Falls to 4.2 Percent, Its Lowest Since 1975

The UAE's economy is expected to grow at 3 percent next year, according to the IMF. (File photo)
April 18th, 2018 - 10:46 GMT

UAE's Economy to See 3 Percent Growth in 2019: IMF

The demand for online retail in the UAE, and the region, will continue to grow, according to experts. (File photo)
April 17th, 2018 - 12:00 GMT

Online Retail in Middle East Region Will Continue to Grow: Experts

Turkey's budget balance saw a deficit of $5.34 billion in the first quarter of 2018, the Finance Ministry announced on Monday. (AFP/ File)
April 17th, 2018 - 10:55 GMT

Turkey Posts $5.3 Billion Budget Deficit in Q1, Expenses up 17 Percent

UAE residents are less confident about their financial status compared to a year ago, according to a new survey. (File photo)
April 17th, 2018 - 10:05 GMT

UAE Residents Worried About Job Security, Cost of Living in 2018: Survey

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