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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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The announcement came about a week after Doha Bank made public its commitment
May 29th, 2013 - 05:00 GMT

Bank to lend $1.3bln to SMEs

Emirates NBD said it is also committed to extend special interest rates
May 29th, 2013 - 04:00 GMT

NBD and Dubai SME set up $13mln fund for Emirati businessmen

This rapid growth was primarily driven by the services sector and the gas sector
May 28th, 2013 - 11:17 GMT

Non-energy to drive Qatar’s real GDP up 6.5% y-o-y

Hike will undoubtedly have a negative impact on the price of products for consumer
May 28th, 2013 - 11:04 GMT

Steel in Egypt to hike after pound devaluation

Growth in broad money (M3) picked up slightly to 14 percent year-on-year
May 28th, 2013 - 10:57 GMT

Saudi economy shows strong growth rates

Askar Shokybayev, Consul General of the Republic of Kazakhstan in Dubai and Northern Emirates
May 28th, 2013 - 10:20 GMT

Dubai Chamber readies delegation for CIS Regional Trade Mission

Department of Economic Development and Commercial Bank of Dubai
May 28th, 2013 - 09:18 GMT

DED signs partnership with Commercial Bank of Dubai to facilitate business registration and licensing

900X3B
May 28th, 2013 - 09:14 GMT

Going green makes good business sense

Chris Hayman, Chairman, Seatrade
May 28th, 2013 - 08:57 GMT

Saudi Aramco, Seatrade launch global workboats technology forum

The Sohar Plastics project will further upgrade the production of natural gas liquids
May 28th, 2013 - 04:00 GMT

ORPIC $3.6bn plastic manufacturing project to start in 6 months

Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, receiving UNDSS Certificate from Tamer Hammouda, Security Advisor, UNDSS, in presence of Mosa Elayan, Security Associate, UNDSS and DP World, UAE Region senior officials
May 27th, 2013 - 09:47 GMT

Jebel Ali Port meets UN security standards

The market reached an estimated $5.027 trillion in 2011
May 27th, 2013 - 09:44 GMT

Global refining industry to reach $7.78trn, with good growth potential

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