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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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A Cargolux airplane delivers a shipment (Source: Wikimedia)
June 30th, 2013 - 01:46 GMT

Cargolux launches air freight service to Muscat

Photo used for illustrative purposes (Source: Wikimedia)
June 30th, 2013 - 01:35 GMT

Omani police bust con artists trying to sell sand as gold

Photo used for illustrative purposes (Source: Wikimedia)
June 30th, 2013 - 01:22 GMT

Stone Energy contracted to buy 2 drilling rigs in Iraq

The ratings agency pointed out that OUIC's competitive position has strengthened the implementation of new business strategies
June 30th, 2013 - 12:23 GMT

Oman gets financial ratings boost from Standard and Poor's

Abu Dhabi
June 30th, 2013 - 12:06 GMT

UAE Banks Federation to develop Code of Conduct

The Burj Khalifa tower in Dubai
June 30th, 2013 - 11:38 GMT

Dubai’s economy continues to rise: GDP growth of 5.3% in Q4 of 2012

Kuwait banks enjoy rising credit
June 30th, 2013 - 11:10 GMT

Credit growth in Kuwait continues to grow strong in banking and business sectors

Food outlets warned against hiking prices during Ramadan
June 30th, 2013 - 10:43 GMT

UAE forbids food stores from raising prices during the holy month of Ramadan

A picture from the opposition-run Shaam News Network shows rebel fighters in the northern city of Aleppo on June 24, 2013. (Source: AFP / HO / SHAAM NEWS NETWORK)
June 30th, 2013 - 09:57 GMT

Syrian Neoliberal Advocates Go International

Al Bawaba
June 30th, 2013 - 08:00 GMT

Xerox removes speed bumps in wide format printing with new, faster machine

Solar panels
June 30th, 2013 - 06:46 GMT

The Makings Of A Solar Superpower?

GCC corporate banks are falling behind global counterparts when compared on metric such as return on regulatory capital (Mike Hewitt/Getty Images)
June 30th, 2013 - 06:46 GMT

Gulf’s Corporate Banks At Peak Levels

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