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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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Saudi Arabia's most well-known businessman Prince Alwaleed bin Talal is still under arrest. (Getty)
December 13th, 2017 - 08:47 GMT

Saudi Arabia: Special Unit to Handle Cash Settlements From Arrested Princes

The Business Registration & Licensing (BRL) sector in Dubai Economy witnessed a record number of transactions over November this year.
December 13th, 2017 - 08:40 GMT

Dubai Economy Records Strong Licensing and Registration Activity in November

“The UAE is exploring other tax options according to best international practices.” - Ministry of Finance (File photo)
December 12th, 2017 - 06:00 GMT

UAE Mulls New Taxes, Other Than VAT

All of the initiatives were inspired and based on the pillars and principles of the Year of Giving.
December 12th, 2017 - 10:22 GMT

Dubai Customs Carries out 40 Voluntary Initiatives During 2017

Ahmad Al Zaabi, Senior Manager, CCCP sector in Dubai Economy
December 12th, 2017 - 09:50 GMT

Dubai Economy Hosts Workshop on the Unified Contract for Electronics

Mirko Rubeis, Partner and Managing Director at BCG
December 12th, 2017 - 08:35 GMT

Refining Market to Remain Volatile in the Medium Term: Study

The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a new report. (AFP/ File)
December 11th, 2017 - 06:00 GMT

IPOs in MENA up 400 Percent in 2017: Report

Dubai's budget for 2018 includes over Dh5 billion ($1.3 billion) dedicated to Expo 2020 projects alone. (File photo)
December 11th, 2017 - 02:53 GMT

Dubai Unveils $15.4 Billion Budget for 2018, Its Largest Ever

During the launch ceremony
December 11th, 2017 - 12:50 GMT

Dubai SME and WOMENA Launch Programme to Empower Emirati Women

Boosting cooperation and partnership between Dubai Customs and business and trade groups in Dubai was one of the main items on the meeting’s agenda.
December 11th, 2017 - 11:48 GMT

Dubai Customs’ Consultative Council Discusses Means of Boosting Cooperation in 2018

The new service is part of DED-Ajman efforts to develop the economic licencing mechanism and improving the quality of services.
December 11th, 2017 - 07:06 GMT

DED–Ajman Allows Automatic Renewal of Trade Licences via SMS

The first phase of the artificial intelligence project for Abu Dhabi's judicial system will employ AI in predicting case settlements at criminal courts.
December 11th, 2017 - 06:38 GMT

Abu Dhabi to Harness Artificial Intelligence in Judicial System

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