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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
May 11th, 2014 - 07:12 GMT

The huge uproar against the Halal industry and what it means for its prospects

Al Bawaba
May 11th, 2014 - 04:42 GMT

The limitations of friendship: China to lose out from easing Iranian sanctions

She went on to add that in many Arab countries naming Egypt, Morocco and Jordan they saw a decline in the welfare of their middle class compared to their share of the societal wealth in the 1960s.
May 11th, 2014 - 10:56 GMT

Christine Lagarde and the 'missing link' in Arab economies: the middle class

Al Bawaba
May 11th, 2014 - 06:24 GMT

PepsiCo-Jordan announces winners of ‘The Globe, Our Playfield’ football tournament and ‘Most Talented Player’ title

Al Bawaba
May 11th, 2014 - 05:37 GMT

Jafza, Arab Brazilian Chamber sign MoU to further strengthen bilateral business ties

Al Bawaba
May 11th, 2014 - 05:17 GMT

Dubai Customs honours inaugural class of “Customs Cases Diploma”

Lebanon’s primary budget turned negative in 2012 and deteriorated further in 2013 to 141 percent of GDP as the government came under pressure to spend and economic activity dropped, the IMF report said.
May 11th, 2014 - 05:00 GMT

The usual know-it-all attitude: the IMF unveils its projections for the Lebanese economy

Al Bawaba
May 8th, 2014 - 11:02 GMT

Gearing up for yet-to-come domestic innovation: UAE resorts to Korean expertise for its first patent center

Al Bawaba
May 8th, 2014 - 10:24 GMT

The importance of word-of-mouth marketing for the UAE's 'entrepreneurial revolution'

Al Bawaba
May 8th, 2014 - 03:04 GMT

The unexpected loser: Russia sanctions to cost Israel immensely

The erosion of surpluses has prompted calls to restrain the government spending that has powered the Gulf’s economic boom over the past two decades.
May 8th, 2014 - 02:53 GMT

GCC fiscal surpluses: about to take the plunge?

Leaders of the six-nation GCC have set January 1 to implement the customs union, first launched in 2003 and delayed on several occasions to resolve hurdles.
May 8th, 2014 - 04:13 GMT

It's the thought that counts? GCC customs union set for Jan.1st

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