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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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Jordan's economy is expected to show down this year, cutting its growth rate from 3.1 percent to 2.5 percent. (AFP/File)
October 25th, 2015 - 10:01 GMT

Jordan’s 2016 budget expects a GDP growth of 3.7 percent

During the event
October 25th, 2015 - 05:07 GMT

Wurth Gulf FZE : grand opening of new premises in Jafza South

Al Bawaba
October 22nd, 2015 - 05:33 GMT

Smoking may kill, but it also boosts Egyptian tax revenue big time

“Speeding up the work of the institutions, especially the parliament, is no longer a political luxury but it is a necessary step to be taken in a bid to preserve the image of the government in the eyes of citizens and the international community,” said Lebanon's Finance Minister Ali Hasan Khalil. (Al Bawaba/File)
October 22nd, 2015 - 04:33 GMT

Lebanon FM calls on parliament to expedite foreign loan approval

Al Bawaba
October 22nd, 2015 - 10:17 GMT

Dubai Chamber organises Together for a Better Future campaign for workers

The spread of conflict in the region has had effects on trade, tourism, security and investor confidence. (Enikonomia.gr)
October 22nd, 2015 - 09:42 GMT

Time to cut back: IMF warns MENA to streamline spending and broaden non-oil revenue

Al Bawaba
October 21st, 2015 - 08:18 GMT

Inflation lightens up a little in the UAE

Al Bawaba
October 21st, 2015 - 08:00 GMT

Egypt's central bank chief resigns, Tarek Amer selected as replacement

Al Bawaba
October 21st, 2015 - 10:21 GMT

DED moves procurement and contracts to electronic platform with support from Tejari

Kuwait is the only Gulf country predicted to add more than one percentage point in 2015 and 2016. (Al Bawaba/File)
October 20th, 2015 - 06:42 GMT

IMF: Gulf growth will decelerate to less than three percent in 2016

The ships will replace older US-built combat ships. Image used for illustrative purposes. (Al Bawaba/File)
October 20th, 2015 - 05:31 GMT

US State approves $11.25B sale to Saudi navy

Al Bawaba
October 20th, 2015 - 12:35 GMT

Tax reform or burning buffers? GCC approaches to the oil price slump

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