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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 Passat was largely influential in Volkswagen Middle East recording its most successful ever month in July last year when sales rose 51 per cent on the same period in 2012
January 13th, 2014 - 03:55 GMT

Volkswagen sales in the Middle East booming

The Italian government has been leading the charge to reopen the Iranian marketplace in order to cash in on Tehran’s energy sector.
January 13th, 2014 - 03:55 GMT

Is Italy helping bring down the sanctions? Iran and Italy's economic ties raising the US' eyebrows

High oil prices, large fiscal and trade surpluses, and the government's vast financial reserves continue to provide a positive near-term backdrop for the Kuwaiti economy.
January 12th, 2014 - 07:33 GMT

Mixed signals: why Kuwait's GDP might just decrease in 2014

Nearly 15,000 illegal workers have been arrested in the Eastern Province after the raids.
January 12th, 2014 - 04:59 GMT

Saudi Arabia still going hard at labor market overhaul

The GCC is ahead of MENA in terms of competitiveness. (Image credit: Hotelier Middle East)
January 12th, 2014 - 10:32 GMT

Report: Why the GCC will continue to drive growth in MENA

Lebanese farmers have raked in extra economic profits due to the ongoing conflict in Syria (Courtesy of Al Akhbar English)
January 12th, 2014 - 10:05 GMT

War profiteers? How this Lebanese industry is benefiting from Syria's ongoing war

Al Bawaba
January 12th, 2014 - 04:55 GMT

LG showcased industry leading OLED TV lineupat CES 2014

Iran's President Hassan Rouhani plans to partake in the 44th annual meeting of the World Economic Forum (WEF) in the Swiss mountain resort of Davos on global financial crisis.
January 12th, 2014 - 03:55 GMT

Making a comeback: Iran to participate in World Economic Forum

According to the bellwether Bayt.com Job Index survey (August 2013) 30 per cent of companies across the region claim to be definitely hiring, mirroring results of the previous Bayt.com Job Index survey in February.
January 12th, 2014 - 03:55 GMT

An inside look into the MENA's salary trends

Bahaa El Din said the government would hold a conference in March or April to discuss the financial needs of the country and to issue long-term infrastructure projects.
January 12th, 2014 - 03:55 GMT

Egypt to be stimulated by the UAE

Sharjah has received its first sovereign credit ratings. (Image credit: Ourallegiancetokhalifa.ae)
January 9th, 2014 - 10:20 GMT

Sharjah gets top ratings from both Moody’s and Standard & Poor’s

Saudi's mining sector may provide the critical jobs that many unemployed Saudis are looking for (Shutterstock)
January 9th, 2014 - 10:15 GMT

Can Saudi Arabia mine itself out of unemployment?

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