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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 ministry documented over 8,600 different violations in all companies visited by its inspectors
February 19th, 2014 - 08:36 GMT

Saudi labor ministry records 13,000 post-amnesty violations

By the end of September 2013, gold jewelry demand in Saudi Arabia was 71.7 tons worth $3.4 billion —- up 13 percent year-on-year.
February 19th, 2014 - 03:55 GMT

Are gold markets becoming more and more polarized?

KIPCO, a regional investment house with stakes in media, industrial, financial and real estate companies, said in June it was planning an initial public offering of OSN, which it said on Tuesday had nearly one million subscribers.
February 18th, 2014 - 08:32 GMT

Profiting off people's boredom? Cable television brings Kuwait's KIPCO profits up 75%

The new online platform lets investors track gold prices round-the-clock and manage their metal investments (File Archive/Shutterstock)
February 18th, 2014 - 06:03 GMT

Going for the gold-and silver: Doha opens online metal trading platform

Al Bawaba
February 18th, 2014 - 01:23 GMT

Saudization-in Oman?! Well, sort of...

Al Bawaba
February 18th, 2014 - 08:34 GMT

Samsung introduces innovative printing solutions and advanced NFC Printers for delivering the ultimate seamless business experience

Ali Al Mugahwi, Director of Airport Operations Department at Dubai Customs
February 18th, 2014 - 05:45 GMT

Dubai Customs foils ”Cocaine Pills” operation

What Egyptians meant by “bread” is, of course, the economic opportunities that are needed for sustenance and life and that were and continue to be lacking.
February 17th, 2014 - 08:25 GMT

Egypt's holy trinity: bread, freedom, and social justice...or shall we just say cash transfers?

Al Bawaba
February 17th, 2014 - 02:00 GMT

If they won't come here, we will bring it there! Behind Lebanon's booming franchise industry abroad

Tens of thousands of workers have been deported under the Saudization policy in the last four months (File Archive)
February 17th, 2014 - 12:00 GMT

Quota this: Experts confirm that Saudization IS hurting economy

Al Bawaba
February 17th, 2014 - 09:09 GMT

DED launches brainstorming with businessmen to address customer concerns and improve services

Al Bawaba
February 17th, 2014 - 09:02 GMT

Dubai Chamber highlights Dubai’s Islamic finance opportunities to Azeri businesses

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