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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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It is expected that the sector’s export goal of $1.3bn by the end of 2014 will not be reached in light of tension across the Arab world, and a 20% decline is probable for this year.
August 3rd, 2014 - 07:09 GMT

Falling apart: Egyptian-Libyan trade

Part of the explanation of the rise in unemployment is that many young people have come onto the job market but have not yet succeeded in finding employment.
August 3rd, 2014 - 01:07 GMT

As highest amongst OECD countries: Israel's unemployment rates jumps to 6.3%

Al Bawaba
August 3rd, 2014 - 05:09 GMT

Samsung Electronics launches Samsung GALAXY Apps

The Ministry of Finance stressed in the report that the reforms made to the 2014/2015 state budget aim to stimulate the economy, boost employment rates and support social justice.
August 3rd, 2014 - 03:55 GMT

It's never over: Egyptian government preparing new stimulus package

The consumer goods and services index hit 196.8, a 1.4 percent rise compared to last month,
July 31st, 2014 - 03:00 GMT

The best of the worst: Iran's inflation stands at 25.3%

Security alerts due to rocket attacks and frequent air raid sirens have disrupted business activity and caused a drop in industrial output and consumer spending.
July 31st, 2014 - 02:42 GMT

The tip of the iceberg: Gaza War to 'leave a dent' in the Israeli economy

Dr. Jayant Deshpande, Director - CAE Division, Omnix International
July 31st, 2014 - 10:54 GMT

Omnix International announces Middle East availability of Autodesk’s new AutoCAD 2015 edition

Al Bawaba
July 31st, 2014 - 04:51 GMT

Bring your home entertainment experience into the 21st century with the Samsung AirTrack

Al Bawaba
July 31st, 2014 - 04:47 GMT

The new Yahoo app delivers better mobile content discovery now on Android and iPhone

Al Bawaba
July 31st, 2014 - 02:55 GMT

Starting with fewer power cuts, what has Eid brought to the Egyptian economy?

Al Bawaba
July 30th, 2014 - 12:25 GMT

Making life easier for tourists? New visa system in place for UAE starting August 1st

Al Bawaba
July 30th, 2014 - 03:55 GMT

Abu Dhabi as the Star Wars' set: the region's superstar?

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