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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
January 19th, 2014 - 05:48 GMT

DUBAL celebrates Omega Dubai Desert Classic’s 25th anniversary with 23rd year of sponsorship

In the 20-year history of the index, Bahrain has consistently achieved a score greater than 70, well above the world average.
January 16th, 2014 - 09:15 GMT

If only the same were true for its politics, Bahrain tops region's economic freedom index

All jobs previously occupied by expats will be considered vacant until qualified Saudi citizens can fill them, the ministry said.
January 16th, 2014 - 09:07 GMT

Good luck with that: Saudi Arabia to fire public sector expats and replace them with locals

Jordan's government estimated inflation to reach 5.9 percent for the full year, but by the last quarter, it was already at 6.1 percent (Courtesy of The Black Iris)
January 16th, 2014 - 10:52 GMT

Report: Why Jordan will not meet its inflation target

Al Bawaba
January 16th, 2014 - 07:14 GMT

Jotun’s ‘Travel In Style’ colour theme brings sophisticated opulence to interior walls

During the event
January 16th, 2014 - 04:55 GMT

Dubai Chamber strengthens its presence abroad with branch office opening in Erbil

The forum’s founder, Klaus Schwab, told reporters Wednesday at the organization’s lavish headquarters overlooking Lake Geneva that the event seeks to “push the reset button” on the world’s crisis mode.
January 16th, 2014 - 03:55 GMT

Other than bringing Iran and Israel under one roof, Davos' World Economic Forum aims to 'push the rest button' on Syria, global economic crisis

“Aggregate growth for the region is projected at 2.8 percent in 2014, firming to 3.3 in 2015 and 3.6 percent in 2016, well below the region’s potential,” it added.
January 15th, 2014 - 07:25 GMT

World Bank describes tge MENA's economic performance as 'below potential'

Gulf banks will need to comply fully with the United States' FACTA law if they wish to retain their American investors (File Archive)
January 15th, 2014 - 01:40 GMT

How American tax laws may take an unexpected toll on GCC economies

If consulting firms want to invest in new markets, they should invest in the GCC. (Image credit: Shutterstock)
January 15th, 2014 - 12:06 GMT

Consulting Industry Alert: GCC consulting market now growing faster than US and China

Al Bawaba
January 15th, 2014 - 08:36 GMT

At CES 2014, latest smart appliances from LG chat with users via mobile messenger

UAE is planning to increase its trade relations with Kurdistan region of Iraq in 2014 (File Archive)
January 15th, 2014 - 06:00 GMT

Announcing Dubai's next big business venture in...

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