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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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Indian Prime Minister Narendra Modi said several sectors in the UAE have untapped potential and need developing. (AFP/Findlay Kember)
August 17th, 2015 - 09:08 GMT

India’s Modi proposes $1 trillion worth of investments to UAE during visit

Al Bawaba
August 17th, 2015 - 08:32 GMT

Iran’s supreme leader: No US foothold allowed in post-sanctions era

Al Bawaba
August 17th, 2015 - 06:07 GMT

Hey big spender: Saudi goes for broke as it burns through foreign reserves

Al Bawaba
August 17th, 2015 - 05:24 GMT

Indian PM Modi on historic two-day visit to UAE

The smoking of pipe tobacco in MENA represents 45.5 percent of global demand. (Pri.org)
August 16th, 2015 - 11:00 GMT

OPINION: Does the GCC need a tobacco tax?

Al Bawaba
August 14th, 2015 - 07:00 GMT

Suez Canal will have limited positive effects on Egypt: Moody’s

A survey conducted by the Pew Research Center found the majority of Lebanese consider the current economic situation "very bad." (AFP/File)
August 13th, 2015 - 06:19 GMT

Pew survey says most Lebanese consider country’s economic situation ‘very bad’

Al Bawaba
August 13th, 2015 - 09:53 GMT

Jordanian officials promise IMF to lower public debt to ‘70 percent of GDP’ in five years

Al Bawaba
August 12th, 2015 - 02:03 GMT

Egypt’s Sisi orders creation of Suez Canal special economic zone

Al Bawaba
August 12th, 2015 - 01:33 GMT

Obama asks US judge not to levy millions against Palestinian Authority

H.E. Ahmed Mahboob Musabih, Director of Dubai Customs
August 12th, 2015 - 10:17 GMT

Dubai Customes launched initiative jointly with University of Dubai

Jordanian Prime Minister Abdullah Ensour said the government paid its dues that went straight into the local market. (AFP/File)
August 12th, 2015 - 08:00 GMT

Jordan pumps over $350 million into local markets to spur economic growth

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