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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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Al Bawaba
July 9th, 2014 - 03:55 GMT

Worth every (billion) penny in debt: Mall of the World price revealed

Al Bawaba
July 9th, 2014 - 03:55 GMT

One step forward, ten backwards: US-Iran trade falls 57%

Al Bawaba
July 8th, 2014 - 06:43 GMT

The market speaks for itself: Israeli shekel, stocks down on Gaza attacks

South Sinai’s 62,000 hotel rooms represent approximately 33% of Egypt’s total hotel capacity, according to Egypt’s Hotels Chamber.
July 8th, 2014 - 03:53 GMT

Setting a precedent: Germany lifts Sharm al-Sheikh travel warning

Investors appear to have anticipated the weaker results, which were flagged by a recent comment from Samsung’s financial director that the quarter’s earnings were “not that good”.
July 8th, 2014 - 01:46 GMT

The price of overconfidence? Samsung's profits sinks to two year low

Al Bawaba
July 8th, 2014 - 03:55 GMT

The epitome of over-dependence: Egypt’s reserves fall $600 million due to suspension of Gulf aid

Jordan’s imports from Mexico reached $41 million compared with around $17 million of exports
July 8th, 2014 - 03:55 GMT

A perfect fusion: Mexican-Jordanian free trade agreement 'well on its way'

The search for gas has been a priority for Saudi Arabia as it struggles to keep pace with rapidly rising domestic demand.
July 7th, 2014 - 11:44 GMT

It's complicated: Shell gives up its gas investments in Saudi Arabia


A total of 10 consortiums are vying for the first phase of the project involving civil works.
July 7th, 2014 - 06:42 GMT

Always lucrative: Saudi Arabia invites bids for Makkah's $16.5 billion metro

Flight Search can be accessed on tablets, smartphones and desktop computers.
July 7th, 2014 - 06:36 GMT

Etihad Airways partners with Google to make flight search easier

Another reason for the slowdown may be that households balance sheets are stretched after a surge in consumer borrowing over the past few years.
July 7th, 2014 - 11:42 GMT

Bad decisions always bite: labor crackdown, consumer borrowing suggested as potential reasons for Saudi Arabia's slowed economic growth

Dubai’s real estate market may also be overheating, as the country’s central bank issued a warning on the soaring property prices.
July 7th, 2014 - 10:49 GMT

Events of June 2014 drag GCC financial markets to the 'red zone'

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