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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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A US Treasury Department official said Wednesday the country would need to meet the conditions in the agreement first. (AFP/File)
August 6th, 2015 - 09:01 GMT

Removing Iran sanctions will take six to nine months: US Treasury

Daesh is struggling to manage its economy and obtain funds. (AFP/File)
August 5th, 2015 - 01:11 GMT

Daesh struggles with revenues as militants face financial challenges

Al Bawaba
August 5th, 2015 - 12:45 GMT

Italy to fund $2 billion worth of projects in Iran

At the reception of participants in DC Summer Training Program 2015
August 5th, 2015 - 08:52 GMT

Dubai Customs Summer Training Program 2015 kicks off

Al Bawaba
August 5th, 2015 - 08:41 GMT

Egypt issues a public holiday for Suez Canal opening

Al Bawaba
August 4th, 2015 - 08:10 GMT

Egypt’s stock market loses $360 million on Monday

DP World
August 3rd, 2015 - 10:21 GMT

Everyone wins in new lease arrangements at Port of Melbourne

Al Bawaba
August 2nd, 2015 - 08:21 GMT

Hundreds in Gaza protest UN relief agency cuts to fund refugees

Al Bawaba
August 2nd, 2015 - 08:11 GMT

Donors commit more than $1 billion to Jordan so far this year

Al Bawaba
August 2nd, 2015 - 09:07 GMT

US Secretary of State Kerry in Cairo for start of 'strategic dialogue'

The US has given the World Food Program $65 million for Middle Eastern countries struggling to support Syrian refugees. (AFP/File)
August 1st, 2015 - 11:48 GMT

US $65 million aid package to help refugee crisis in Lebanon, Jordan

Al Bawaba
July 30th, 2015 - 12:45 GMT

Minister of State for Financial Affairs HE Obaid Humaid Al Tayer meets the Director General and Chairman of the AMF

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