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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
March 9th, 2014 - 09:54 GMT

Aluminium sector employees donate 5 tonnes of supplies in strong show of support for Syrian refugees

The GCC economies have thrived in large part due to the fact that they control nearly 40 percent of the world's crude oil reserves (File Archive)
March 9th, 2014 - 07:37 GMT

Tarnished: How "golden" is the current era of GCC economies?

Al Bawaba
March 9th, 2014 - 07:08 GMT

Toshiba introduces 11.6” laptop, the Satellite Pro NB10

HE Salma Hareb, CEO of Economic Zones World
March 9th, 2014 - 06:53 GMT

Jafza posts record growth in 2013

Abu Dhabi is not just building skyscrapers: it is constructing an infrastructure to become the world's aerospace hub as part of its 2030 vision (File Archive)
March 6th, 2014 - 10:34 GMT

Abu Dhabi is shooting for the moon and more with target to become global aerospace hub

Al Bawaba
March 6th, 2014 - 06:07 GMT

Nokia latest product family goes on sale in Egypt

“However, Falih considers that Arab countries like Lebanon, Syria and Egypt nowadays need security stability before speaking about or considering youth employment.”
March 6th, 2014 - 03:55 GMT

Let them eat bread: Lebanese youth urged to build their own future

Zaza played down the extent of the money crunch, saying that “we are facing hardship and not a crisis.”
March 5th, 2014 - 08:14 GMT

With the Egyptian blockade, is Hamas in deep financial trouble? Well, its employees are complaining about not being paid

Across the board, the survey found that average monthly salaries in the UAE were down 1.7 per cent to $10,206, compared to $10,384 last year.
March 5th, 2014 - 04:15 GMT

The list of the top ten highest salaries in the UAE reveals that they are not as high as they once were

Last week the World Bank announced a $1.2bn programme to support economic and political reform in Tunisia after the adoption in January of a new constitution.
March 5th, 2014 - 03:55 GMT

Ready to borrow more than a billion: Tunisia's PM says economic woos could become "catastrophic"

Al Bawaba
March 5th, 2014 - 03:00 GMT

Medicine in Malaysia: What's the UAE got to do with it?

Coca-Cola is planning to refurbish 100 rural Egyptian villages with its $500 million investment by 2020 (File Archive)
March 5th, 2014 - 12:36 GMT

Why this global mega company is investing $500 million in Egypt

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