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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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Mafraq Governorate's population has increased by 70 per cent since the crisis started, which created extra pressure on its infrastructure and services.
September 24th, 2013 - 12:59 GMT

Foreign aid does not cover 30% of Jordan's refugee bill- Majali

There is a sizable group in the UAE that wants to protect and in fact strengthen their country's relationship with Turkey, despite the misgivings and apprehensions that were fostered by the anti-Turkish bloc among the Emiratis.
September 24th, 2013 - 12:18 GMT

Turkey and UAE: paving the way for a strategic economic partnership


Jazeera emerged out as the leading airline serving the Kuwait-Beirut route with a 40 per cent market share, and grabbed a 36 per cent market share on the Kuwait-Amman route, the report added.
September 24th, 2013 - 12:06 GMT

Jazeera winning over Dubai, Beirut, and Amman routes!

Capital inflows mark 19 percent of Lebanon’s GDP, making the country’s capital inflow to GDP ratio one of the highest in the Middle East.
September 24th, 2013 - 11:30 GMT

Capital inflows coming to the rescue of the Lebanese economy? yes and no

Middle East carriers are expected to post profits of $1.6 billion in 2013.
September 24th, 2013 - 11:04 GMT

Middle East airlines to reap highest profits ever

LG Door-in-Door Fridge
September 24th, 2013 - 09:55 GMT

LG’s ‘dream home’ at IFA 2013 is a model of Efficiency, convenience and control

Share of the oil sector to the Kingdom’s GDP dropped from 29.5 percent to 22.2 percent in the two periods, which is a good indication that the Saudi economy has been increasingly supported by the private and nonoil sectors.
September 24th, 2013 - 09:28 GMT

Say what? Saudi's GDP reached SR 2.66 trillion in 2012

Al Bawaba
September 24th, 2013 - 06:52 GMT

Dubai Aluminium triumphs at inaugural Metal Bulletin Global Awards for Aluminium Excellence

Briscoe said that Rolls Royce is not likely to go down the electric car path that a lot of other carmakers are treading.
September 23rd, 2013 - 11:53 GMT

The Middle East is enormous business for Rolls Royce

Al Bawaba
September 23rd, 2013 - 11:29 GMT

PepsiCo names Sanjeev Chadha Chief Executive Officer, Asia, Middle East and Africa

Tyler argued that aviation needs to be treated like other industries when it comes to consolidation
September 23rd, 2013 - 11:17 GMT

What does the airline industry need? Deregulation

The smuggled shipments of the weapons
September 23rd, 2013 - 10:31 GMT

Dubai Customs foils the smuggling of 1,960 white weapons in an effort to protect the community from the potential lethal dangers of their use in quarrels

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