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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
July 7th, 2014 - 01:13 GMT

What is Al-Sisi's true economic orientation?

Al Bawaba
July 6th, 2014 - 09:56 GMT

How French companies literally can't get enough of the Iranian market

Al Bawaba
July 6th, 2014 - 09:45 GMT

Manoeuvring the post-sanctions market: Iran's car output jumps 60%

Al Bawaba
July 6th, 2014 - 06:51 GMT

With 903 dead in six months, Turkey's job safety, or lack thereof, comes under fire again

Al Bawaba
July 6th, 2014 - 05:16 GMT

Jafza brings together employees for better interpersonal communication

Al Bawaba
July 6th, 2014 - 04:54 GMT

Samsonite spreads footprint across Riyadh; unveils 2 new stores

Many citizens have objected to the price increase, which was approved by the government yesterday.
July 6th, 2014 - 03:55 GMT

Fuel prices to increase 70%: Egypt slashes subsides overnight amidst public outcry

“EDL will limit the network’s productive capabilities to a fixed amount of 1,550 Megawatts from July 1 to Sept. 10," the statement said. “We call on citizens to understand need to achieve balance between the need for electricity production and the sensitive situation of the public budget,” the EDL said.
July 6th, 2014 - 02:55 GMT

From bad to worse: Lebanon determines 13 hours of electricity a day

The spending figure of 23.21 billion dinars is 10.5 percent higher than estimates in the past fiscal year of 21 billion dinars.
July 4th, 2014 - 02:28 GMT

Will it get away with it this time? Kuwait passes excessively high budget, projects deficit

The project has envisaged that about 250 megawatts (MW) of electricity will be generated per day from burning 1,500 tons of solid waste.
July 4th, 2014 - 12:56 GMT

No need for any more 'garbage': US company breaks the ice with $1.1 billion investment in Iran's waste management

More people are classified as poor on a quarterly than on an annual basis as many households face temporary spells of poverty.
July 3rd, 2014 - 03:39 GMT

No blaming Syrian refugees here: one third of Jordanians in poverty at some point in the year

Regarding President Abdel Fattah Al-Sisi’s plan to provide the market with citizen’s needs for oil and sugar produced by the army, she said this plan is “illogical in economic terms and impossible to implement.
July 3rd, 2014 - 01:32 GMT

Wasn't it the one pushing for removing subsidies in the first place? IMF says Egypt will not be able to control prices after lifting fuel subsidies

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