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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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Israeli refineries have taken Kurdish crude oil before but in small volumes, which were shipped to Turkish ports by truck.
June 20th, 2014 - 01:01 GMT

Is this what 'autonomy' means? First Kurdish oil shipment headed to Israel

Investment in research and development (R&D) grew 29 percent in 2013 to reach TL 5.8 billion, though Turkey has a long way to go to reach its ambitious R&D targets for 2023.
June 19th, 2014 - 10:22 GMT

Aiming for $60 billion by 2023, Turkey R&D spending grows by a third

Rolls-Royce shares jumped 7 percent on Thursday after the British aero-engine maker decided to buy back shares worth 1 billion pounds ($1.69 billion) instead of making any major acquisitions.
June 19th, 2014 - 10:06 GMT

Not so fancy? Rolls Royce to return $1.7 billion to investors

Al Bawaba
June 19th, 2014 - 09:59 GMT

GCC visitors spend $500,000 on first few days of World Cup

Jordanians and tourists will be able to take a bus tour of old Amman as part of an initiative launched by the Jordan Express Tourist Transportation Company (JETT).
June 19th, 2014 - 09:46 GMT

London, be jealous: Amman to introduce free tourist bus in Ramadan

Al Bawaba
June 19th, 2014 - 03:42 GMT

If only its economy was the only thing tainted, Israel's black economy stands at 6.6% of GDP

The Kingdom, with a population of some 29 million people, reported annual car sales hovering at 700,000 units last year.
June 19th, 2014 - 12:00 GMT

Korean company to establish car assembly plant in Saudi

Al Bawaba
June 19th, 2014 - 03:55 GMT

Jealous of the French? British businesses eying return to Iran

Turkey stood 45 percent below the average for EU member states in terms of gross domestic product (GDP) per person, a comparison Eurostat makes using the purchasing power standard (PPS).
June 19th, 2014 - 03:55 GMT

A natural exclusion from the EU? Turkey below European counterparts in consumption, GDP per capita

Al Bawaba
June 18th, 2014 - 08:28 GMT

German defense group wins $3.7 billion Algeria contract

Al Bawaba
June 18th, 2014 - 02:03 GMT

Post-crisis honeymoon over? First Jordanian billionaire quits Arabtec's CEO post over plunging shares

"Payment difficulties do come up and it is not a straightforward place to trade with, but deals to Iran are still being done," another European grains trade source said.
June 18th, 2014 - 01:22 GMT

Despite all persistent difficulties, Iran buys $55,000 tons of wheat from Russia

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