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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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Russia will provide Egypt with a $25 billion loan, equivalent to 85 percent of the construction cost of the new nuclear plant. (File photo)
December 10th, 2017 - 08:28 GMT

Egypt, Russia to Sign Dabaa Nuclear Deal This Week

The first of its kind in the region, ICIEOL 2017 is organised in collaboration with the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF).
December 10th, 2017 - 10:30 GMT

First Employment and Occupational Learning Conference Kicks off Today in Dubai

The award was given to Dubai Customs in recognition to its efforts in facilitating passage and flow of passengers in airports and improving air cargo operations and procedures.
December 10th, 2017 - 05:51 GMT

Dubai Customs Wins 'Best Customs Department in 2017' Award

Mahmood Al Bastaki, CEO of Dubai Trade
December 7th, 2017 - 11:56 GMT

Dubai Trade Hosts Graduation for 275 Professionals From Trade, Logistics Programs

This year’s publication contains comprehensive, sector-by-sector coverage of the challenges and opportunities that lay ahead in the coming year for Iran.
December 7th, 2017 - 11:27 GMT

TBY Launches the Business Year: Iran 2017

The conference is sponsored by Dubai’s Community Development Authority (CDA) and will run from 10-11 December.
December 7th, 2017 - 09:14 GMT

Experts to Take Part in First Employment and Occupational Learning 2017 Conference in Dubai

Startups and SMEs represent more than 90 percent of the companies in Lebanon, according to a new study by Fransabank. (File photo)
December 6th, 2017 - 03:19 GMT

SMEs, Startups Make up 90 Percent of Lebanon’s Businesses: Report

Billionaire and businessman Prince Alwaleed bin Talal was among those who were detained in a sweeping anti-corruption purge of the Saudi elite. (AFP/ File)
December 6th, 2017 - 03:04 GMT

Most Detained in Saudi Purge Agree to Cash Settlements: Attorney General

The UAE is the second-largest recipient country of foreign direct investment (FDI) in the Middle East, and the 11th largest in Asia. (File photo)
December 6th, 2017 - 02:42 GMT

UAE Second-Largest Recipient of FDI in Middle East

Turkey's inflation rose exponentially during 2017, from 9 percent in January to almost 13 percent in November. (AFP/ File)
December 5th, 2017 - 02:22 GMT

Turkey's Inflation Hits 14-Year High in November

Shops found to be employing foreigners will face a fine of SR20,000 ($5,324) for each expat worker. (File photo)
December 4th, 2017 - 02:12 GMT

Saudi Arabia Bans Foreigners from Working in Gold, Jewelry Shops

According to a press statement, the department has vowed to increase Emiratisation by attracting national talents and providing an ideal environment that supports citizens as well as contributes to forming young Emirati leaders capable of planning for the future.
December 4th, 2017 - 08:12 GMT

Sharjah Economic Development Department Announces 94 Percent Emiratisation Rate

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