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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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S&P Global Ratings on Friday lowered Bahrain’s long-term foreign and local currency sovereign credit ratings to ‘B+’ from ‘BB-'. (Shutterstock)
December 3rd, 2017 - 06:00 GMT

Bahrain's Economy Remains Stable Despite S&P Rating: Central Bank

Prince Mohammed Bin Salman figures on this year's list of Bloomberg 50 Most Influential People. (AFP/ File)
December 3rd, 2017 - 01:57 GMT

Mohammed Bin Salman Among Bloomberg 50 Most Influential for 2017

Banks across Saudi Arabia are preparing for the transition from one riyal notes to one and two riyal coins. (Courtesy of SAMA)
December 3rd, 2017 - 01:13 GMT

Saudi Banks Prepare to Deal With 1 Riyal Coins, Instead of Paper

Reem bint Ibrahim Al Hashimi, Minister of State for International Cooperation
December 3rd, 2017 - 12:48 GMT

Sultan Al Qasimi to Attend First Women’s Economic Empowerment Global Summit Tomorrow

The trade agreements in the fields of economy, trade, industry, oil and aviation were signed on the sidelines of Prince Salman’s official visit to the US.
December 3rd, 2017 - 12:07 GMT

Bahrain Inks $10 Billion Trade Agreements With US

Al Zahya Development Project is part of Abu Dhabi Plan and vision.
December 3rd, 2017 - 10:03 GMT

ADM Continues Zahya Development Including Four Bridges Linking With Maria Island

Director of Dubai Customs Ahmed Mahboob Musabih
December 3rd, 2017 - 07:01 GMT

Dubai Customs’ Smart Refund Initiative Supports Dubai in Hosting Expo 2020

Three million visitors from 185 countries were received by Dubai World Trade Centre (DWTC) in 2016, thanks to GITEX, Gulfood and other events.
November 30th, 2017 - 02:56 GMT

DWTC Receives 3 Million Visitors in 2016, Up 11 Percent

Members of the Expo 2020 Dubai team and their families came together to enjoy UAE National Day celebrations at the Expo site office.
November 30th, 2017 - 02:41 GMT

Expo 2020 Dubai Celebrates 46th UAE National Day

WHO urges governments to take action. (Shutterstock)
November 30th, 2017 - 11:56 GMT

One in 10 Medicines in Developing Countries Fake, Says WHO Report

Abu Dhabi Securities Exchange (ADX) sees 2,700 percent increase in investor requests between November 26-28. (File photo)
November 29th, 2017 - 03:34 GMT

Number of Investors in Abu Dhabi Bourse Surges Ahead of Adnoc IPO

Prince Miteb bin Abdullah bin Abdulaziz is seen here walking next to Prince Charles. (AFP/ Getty Images)
November 29th, 2017 - 01:08 GMT

Saudi Prince Miteb Set Free After Paying $1 Billion to Authorities

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