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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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UAE investments in Egypt had reached Dh16.4 billion (US$4.47 billion), representing 557 Emirati firms in various investments ranging from renewable energy, real estate, telecommunications, information technology, finance, industry, tourism, services, construction and agriculture.
August 7th, 2013 - 02:55 GMT

UAE remains major player in Egypt's economy despite bad times

Two recently announced acquisitions have brought the sector back into the headlines on a positive note, helping offset a recent ratings downgrade.
August 7th, 2013 - 12:28 GMT

The Gulf is Banking on Egypt's Future

The department dealt with more than 5,000 complaints filed by different customers against retailers based in Dubai in the first half of 2013 (Getty images)
August 7th, 2013 - 12:12 GMT

Justice in the World of Consumption: Dubai awards around $5 million in refunds to disgruntled consumers

700,000 inhabitants of those areas will benefit from the project and will have their living conditions improved
August 7th, 2013 - 10:10 GMT

EU grant to revamp disadvantaged Tunisian neighbourhoods

Although an economic segment like any other, waste management in Morocco is still heavily underexploited. A large part of it operates in an informal manner, with an estimated 10,000 people delving through bins and dumps for recyclable goods.
August 7th, 2013 - 09:08 GMT

Wasting Opportunities in Morocco

Dp World and Al Nasr
August 7th, 2013 - 04:42 GMT

Dp World to support Al Nasr football club in a major boost to 3 times national champions

“Improvements in the ease of doing business in Dubai are bringing growth into focus as 74 per cent of the respondents said they would invest in expansion compared to 30 per cent in Q2, 2012.
August 6th, 2013 - 12:53 GMT

Boosted Business Confidence in Dubai

Officials from Sharjah are to target Washington and New York next month on an investment roadshow (Getty images)
August 6th, 2013 - 11:30 GMT

Sharjah to target US investments

A healthy inflation target in stable economies ranges between 2-3%.
August 6th, 2013 - 11:14 GMT

Life more expensive in Iran by one-third

Mosaic's cash investment is expected to be up to $1 billion, funded over a four-year period beginning in 2013.
August 6th, 2013 - 10:05 GMT

American Firm to own 25% of Giant Saudi Phosphate Joint Venture

Al Bawaba
August 6th, 2013 - 09:36 GMT

Samsung and OSN expand partnership to bring on-demand entertainment experience to SMART TV viewers in the Gulf

Al Bawaba
August 6th, 2013 - 09:11 GMT

Dubai Chamber launches online business community

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