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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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The World Bank said the lifting of sanctions will create a rush of resources for the country. (AFP/File)
August 31st, 2015 - 05:00 GMT

World Bank expects an ‘economic windfall’ for Iran post-sanctions

Ahmed Obaid Altenaiji
August 30th, 2015 - 10:12 GMT

Ras Al Khaimah gears up to host second edition of UAE Economic Planning Forum from October 7 – 8, 2015

Al Bawaba
August 30th, 2015 - 08:30 GMT

US industrial union votes to support BDS

Al Bawaba
August 27th, 2015 - 10:00 GMT

Tightening the purse strings: Saudi Arabia mulls 10 percent budget cuts

Al Bawaba
August 27th, 2015 - 09:43 GMT

Jordan: SME forum highlights vulnerability and resilience of MENA micro-businesses

The Iranian government said the removal of sanctions will offset the budget deficit and help improve the country's foreign reserves. (AFP/File)
August 27th, 2015 - 12:22 GMT

Iran expects 5 percent economic growth in 2016

The Syrian president said in a televised interview that relationships with Iran and Russia remain stable. (AFP/File)
August 26th, 2015 - 11:04 GMT

Assad ‘confident’ of continued financial support from Iran, Russia

Al Bawaba
August 26th, 2015 - 09:37 GMT

Turkey’s defense spending balloons in past five years, totals $11 billion in orders last year

Al Bawaba
August 26th, 2015 - 09:28 GMT

Jordan’s partnership with Russia may mean better energy prospects

Lebanon's Cabinet refused the selection of companies to manage Lebanon's waste. (AFP/File)
August 26th, 2015 - 09:08 GMT

Lebanon’s Cabinet rejects waste bid winners, calls for new tenders

Al Bawaba
August 26th, 2015 - 09:27 GMT

DED seizes large cache of fake printers and cartridges

Al Bawaba
August 26th, 2015 - 08:00 GMT

UN’s nuclear watchdog says it needs more money to inspect Iran

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