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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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Financial close of the main financing is expected to occur during the third quarter of 2013
June 18th, 2013 - 05:19 GMT

Saudi Sadara signs $10.5 billion funding agreements

Barclays’ study included responses from entrepreneurs, business leaders and investors in various markets
June 18th, 2013 - 05:00 GMT

Wealthy residents in region are most optimistic

Jordan remains the main source of remittance inflows to Oman
June 18th, 2013 - 05:00 GMT

$39mn remitted into Oman in 2012: World Bank report

The loan was partly provided by the IFC and partly by DEG
June 17th, 2013 - 10:41 GMT

Metito gets funding to expand in Egypt, Asia

Gulf Cooperation Council
June 17th, 2013 - 10:28 GMT

Cooperation between GCC and Indian SMEs vital for bilateral sustainability

Al Bawaba
June 17th, 2013 - 09:57 GMT

Dubai eGovernment announces full readiness to transform into smart government

Moody's Investors Service has upgraded Jebel Ali Free Zone FZE's (JAFZ) Corporate Family Rating (CFR)
June 17th, 2013 - 05:00 GMT

Moodys upgrades JAFZ's ratings to Ba3; on review for further upgrade

no changes to the plan or the amount of aid the country is seeking
June 17th, 2013 - 04:30 GMT

Egypt in late stages of verifying reform plan with IMF - central bank

Countries in the GCC have a huge density of wealthy residents
June 16th, 2013 - 11:41 GMT

UAE rich might not get any richer -- study

Analysis of exports composition shows that petrochemicals regained dominance as the top nonoil export category
June 16th, 2013 - 10:38 GMT

UAE leaps over China as top importer of Saudi products

Samsung GALAXY Tab 3 10.1
June 16th, 2013 - 07:30 GMT

Samsung introduces new GALAXY Tab 3 series

Al Bawaba
June 16th, 2013 - 04:49 GMT

Dubai Exports promotes Dubai’s expertise in Islamic economy to Canadian firms in Vancouver and Toronto

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