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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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The department has carried out 2,173 inspections including 244 ones done in the Free Zone.
April 29th, 2014 - 12:27 GMT

About time! Dubai goes after weight loss medication

Stressing that the Kingdom was no longer in the economic danger zone, he mentioned that foreign currency reserves went up from $6.6 billion in 2012 to around $12 billion at the end of last year and that the remittances of expatriates have gone up noticeably.
April 29th, 2014 - 12:13 GMT

Jordan's Prime minister says Kingdom 'no longer in economic danger zone'

Saudis need to work on diversifying their economy into non-oil sectors in order to continue competing in the global economy in the future (File Archive/Shutterstock)
April 28th, 2014 - 01:00 GMT

Consider this: What Saudis need to address to remain economically competitive in the future

Jordan's public debt is now 80 percent of the country's GDP (File Archive/Shutterstock)
April 28th, 2014 - 11:00 GMT

Privatising Jordan's economy: Too much of a good (or bad) thing?

DP World
April 28th, 2014 - 07:21 GMT

DP World reports 10.5% like-for-like volume growth in first quarter of 2014

Al Bawaba
April 28th, 2014 - 06:53 GMT

Emirates Steel moves into sheet pile production

Al Bawaba
April 28th, 2014 - 04:25 GMT

Dubai Customs celebrates World Intellectual Property Day

Al Bawaba
April 28th, 2014 - 02:55 GMT

The boycott fear? Israel expanding trade offices in Asia, Africa at the expense of Europe

Al Bawaba
April 28th, 2014 - 02:55 GMT

Is the Rouhani 'economic honeymoon' over?

The study of employers and employees across the Kingdom has also surfaced some key disparities between what both rate as important when it comes to attracting and retaining employees.
April 28th, 2014 - 02:55 GMT

New survey reveals why Saudis are generally unhappy with their employers

Al Bawaba
April 27th, 2014 - 11:00 GMT

Diamonds are forever?! Inshallah, says KSA after Riyadh captures seven percent of global trade

Al Bawaba
April 27th, 2014 - 11:00 GMT

One healthy industry: Why GCC's healthcare market will be worth nearly $70 billion by 2018

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