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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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Al Bawaba
August 11th, 2014 - 09:28 GMT

Dubai Customs is number 1 government department globally to rewin the IDEAS UK Platinum Classification

Dubai-based brokerage Arqaam Capital last year valued OSN at $4.3 billion.
August 11th, 2014 - 03:55 GMT

Thanks, but no thanks: KIPCO snubs $3.2 billion offer to buy OSN entertainment

In 2012, the value of Egyptian migrant remittances peaked at $19.2bn, representing 7.3% of Egypt’s total GDP.
August 10th, 2014 - 11:20 GMT

Egyptians working abroad: the country's 'hidden' treasure?

Al Bawaba
August 10th, 2014 - 11:12 GMT

Feeling insecure: Hyundai, Doosan abdandon $1.5 billion project in Libya

Al Bawaba
August 10th, 2014 - 01:25 GMT

What can the GCC learn from China's economic model?

Al Bawaba
August 10th, 2014 - 08:51 GMT

Acer projectors P1383W TCO and P1510 TCO are now TCO Certified

Al Bawaba
August 8th, 2014 - 07:30 GMT

Business marries politics: Mubarak-era Egyptian steel tycoon released on bail

Al Bawaba
August 7th, 2014 - 01:47 GMT

After the Expo, anything is possible: Dubai planning olympic bid in 8 years

Boukather said that luxurious cars with a price tag of $100,000 are no longer in big demand these days, as more people prefer to buy smaller vehicles.
August 7th, 2014 - 01:07 GMT

A blessing in disguise? The Lebanese respond to economic crunch with small cars

Al Bawaba
August 7th, 2014 - 10:13 GMT

Hariri unveils $1 billion dollar grant from King Abdullah

Al Bawaba
August 6th, 2014 - 10:13 GMT

Probably not in the Arab Spring economies: Infiniti sales are up 31%

Al Bawaba
August 6th, 2014 - 11:19 GMT

Expensive Saudization: Labour Ministry asks for $4 billion in labor reforms

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