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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
June 29th, 2014 - 03:03 GMT

It's all about the bonds? Family businesses make up majority of non-oil sector in GCC

Arabtec, which remained among the top losers last week, shed 27.23 per cent.
June 29th, 2014 - 12:52 GMT

Lackluster trading activity commences with Ramadan

Al Bawaba
June 29th, 2014 - 03:55 GMT

Time to embrace e-governance? Jordan's Central Bank introduces e-FAWATEER.com

Al Bawaba
June 29th, 2014 - 03:55 GMT

Nshallah: GCC working hard to convince UAE, Oman of monetary union

“Income equality is important for sustainable growth. We can't fight income inequality with only macroeconomic policies. Turkey should increase its production capacity,” Dinçer added.
June 29th, 2014 - 03:55 GMT

Turkey's economy falls victim to inequality

EDL has written to the Finance Ministry that the allocation for fuel oil not be slashed from $1.8 billion to $2.2 billion.
June 26th, 2014 - 10:28 GMT

How is that even an option? Lebanon shuts down electricity power plant to limit losses

Sultan Qaboos, who has been ruling Oman since 1970, responded by suspending the rules based on his understanding of the needs of the public, ONA reported.
June 26th, 2014 - 09:57 GMT

The spirit of the Arab Spring lives on? Sultan Qaboos takes back decision to lift price caps due to public uproar

The government may resort to using the old budget for the current fiscal year until the budget for the upcoming fiscal year, which begins on 1 July, is completed, according to a cabinet source.
June 26th, 2014 - 01:54 GMT

What an excuse! Egypt to keep old budget due to 'time constraints'

Despite efforts taken to stem the soaring prices in the emirate, evidence has indicated that property market is overheating.
June 26th, 2014 - 12:51 GMT

A truly confused and confusing market: Dubai's luxury property prices contract

 According to the figures, 16% of Israelis (822,000 people) ate less for economic reasons during the past year
June 26th, 2014 - 11:10 GMT

Time for an 'Israeli Spring'? 40% of Israelis say that they can't make ends meet

 Vinci said the contract includes the construction of 25 stations and the electric infrastructure surrounding the four-line network, which is expected to stretch 33 kilometres when finished.
June 26th, 2014 - 10:59 GMT

French consortium wins $2.7 billion Qatar tram contract

Bill Gates, co-chair of the Bill and Melinda Gates Foundation, expressed willingness to collaborate with  King Abdullah University of Science and Technology (KAUST) in research projects focusing on agriculture and food production.
June 26th, 2014 - 03:55 GMT

Bill Gates keen on cooperating with King Abdullah University

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