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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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Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World
November 24th, 2017 - 06:00 GMT

Dubai Trade Implements ISO 18295-1:2017 Standards for Customer Contact Centre

Credit Suisse outlines that the global economy is likely to see sustained solid growth even as monetary policy becomes less accommodative.
November 23rd, 2017 - 10:24 GMT

Credit Suisse’s Investment Outlook Expects Sustained Growth in 2018; Further Upside Potential in Equities

Oman has revealed a 3 billion Omani riyal deficit for 2018. (File photo)
November 22nd, 2017 - 07:00 GMT

Oman Unveils Projected Budget, Revenues and Deficit for 2018

Royals and businessmen held as part of Saudi Arabia’s corruption probe are already starting to make payments to settle cases, according to reports. (AFP/ File)
November 22nd, 2017 - 02:47 GMT

Saudi Arabia Receives First Payments From Arrested Princes, Businessmen

The 24th edition of the World Islamic Banking Conference will be held in Bahrain from December 4-6.
November 22nd, 2017 - 08:02 GMT

World Islamic Banking Conference Highlights Role of Digital Technologies in Retaining Competitive Edge

Saudi Arabia's non-oil revenue jumped 80 percent in the third quarter to SR47.8 billion, according to official figures. (File photo)
November 21st, 2017 - 12:21 GMT

Saudi Arabia's Credit Ratings Affirmed by S&P, With Stable Outlook

Maitha Al Shamsi, Executive Director of CDA’s Human Rights Sector
November 20th, 2017 - 11:54 GMT

Dubai’s Community Development Authority Launches ‘Friends for the Rights of the Child’ Awareness Programme

Congratulations to Jon Rahm, winner of DP World Tour, and Tommy Fleetwood, winner of Race to Dubai! (AFP)
November 20th, 2017 - 09:14 GMT

Rahm Wins DP World Tour, Fleetwood Wins Race to Dubai

Mohammed Al Muallem, Senior Vice President & Managing Director, DP World
November 20th, 2017 - 05:15 GMT

Dubai Trade Implements ISO 18295-1:2017 Standards for Customer Contact Centre

Here's a look at the top 5 things that moved global markets this past week. (Karim Sahib/ AFP)
November 19th, 2017 - 08:00 GMT

From Bitcoin to Dubai Airshow: Top 5 Things that Moved Markets This Past Week

The net foreign assets of the banking sector in Egypt scored about EGP 174.878bn at the end of August, up from EGP 139.658bn at the end of July, according to the Central Bank. (Shutterstock)
November 19th, 2017 - 07:00 GMT

Egypt's Net Foreign Assets Jump 25 Percent in One Month: Central Bank

UAE residents will spend Dh900 billion in the next five years, according to Euromonitor International's forecast. (File photo)
November 19th, 2017 - 05:00 GMT

Spending in UAE to Cross Dh900 Billion Mark by 2022: Report

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