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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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Pictured: Marley and Lea Manga, aged 13 and 10, respectively. (Photo Credit: Gulf Business)
October 30th, 2013 - 09:41 GMT

Father of two tennis prodigies calling on Qatar to finance their talents

The GCC and the EU should break the current impasse and explore ways to re-engage.
October 30th, 2013 - 09:00 GMT

Will the GCC, EU ever find the way to go bilateral?

Al Bawaba
October 30th, 2013 - 08:28 GMT

General Directorate of Customs participates in a detection of nuclear and radioactive materials trafficking workshop in the Republic of Hungary

Al Bawaba
October 30th, 2013 - 07:48 GMT

Samsung highlights new regional SIM lock feature for its smartphones

Ireland's Simon Coveney says Dublin will be able to provide a sustainable food supply to the GCC (Courtesy of Business and Leadership)
October 29th, 2013 - 04:25 GMT

Land of historic potato famine to help GCC tackle food security challenges

The Dubai-based Emirates airline, which is said to be in talks with Boeing for its 777X new-generation aircraft, and also with Airbus for ordering more of its A380, will account for bulk of the orders with an estimated value of above $50 billion.
October 29th, 2013 - 11:49 GMT

UAE airlines ready to splurge $90 billion on aircrafts

In its program, the government said that it was not possible to continue with the current generous welfare system and there is a need to review subsidies and charges on public services.
October 29th, 2013 - 10:14 GMT

Light bulb moment: Kuwait PM calls welfare spending 'unsustainable'

Emirates Aluminium
October 29th, 2013 - 08:42 GMT

EMAL wins top honours at prestigious international innovation awards

DP World
October 29th, 2013 - 06:09 GMT

DP World container volumes grow 2.4% in third quarter

Christie’s has sold over $200 million worth of art, including more than 2000 works from the Middle East, since it began its first auction in Dubai in 2006, he said.
October 29th, 2013 - 05:55 GMT

Middle East's art enthusiasts digging deep into their pockets

No matter the economic statistics, the real cost of the war must always be measured in human suffering.
October 29th, 2013 - 05:55 GMT

Immeasrable economic and human losses leave half of Syrians in poverty

Any enduring NATO military presence in Afghanistan is tied directly to the $4.1 billion and our ability to oversee it and account for it, a senior NATO diplomat told the Times.
October 29th, 2013 - 05:55 GMT

NATO grapples with billions of dollars it will leave behind in Afghanistan

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