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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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he EU also will suspend bans on trade in gold, precious metals and petrochemical products while increasing a ceiling on financial transfers not related to remaining sanctions
January 19th, 2014 - 03:55 GMT

A new week, a new phase? EU to lift sanctions off Iran on Monday

The Gulf Arab states have conditioned normalisation of relations with Israel on its acceptance of the 2002 plan drafted by Saudi Arabia for peace with the Palestinians
January 19th, 2014 - 03:55 GMT

Peace agreement ahead? Israel's energy ministrer attends IEAE conference in the UAE

HIA and Airport City span 29 square kilometers, 60 per cent on land reclaimed from the Arabian Gulf
January 16th, 2014 - 09:30 GMT

Let's just say nshallah this time around: Qatar's long delayed airport set to open mid 2014

In the 20-year history of the index, Bahrain has consistently achieved a score greater than 70, well above the world average.
January 16th, 2014 - 09:15 GMT

If only the same were true for its politics, Bahrain tops region's economic freedom index

All jobs previously occupied by expats will be considered vacant until qualified Saudi citizens can fill them, the ministry said.
January 16th, 2014 - 09:07 GMT

Good luck with that: Saudi Arabia to fire public sector expats and replace them with locals

Many in the private sector who received the publication asked, “What economic or social accomplishment is this special publication going to detail?”
January 16th, 2014 - 08:07 GMT

Perhaps it can go under the fiction section: New book to bring Michael Suleiman's economic 'accomplishments' to the spotlight

Etihad will offer double daily flights to New York City this year (File Archive)
January 16th, 2014 - 10:38 GMT

Start spreading the news, Etihad is leaving today: New York flights doubling in 2014!

Saudi Arabian authorities have deported over 60,000 workers since November (File Archive)
January 16th, 2014 - 10:32 GMT

Saudization? Think again! Expats coming back to KSA en masse despite deportations

MENA salaries are expected to increase across all sectors, and particularly within infrastructure, tourism and construction development (File Archive/Shutterstock)
January 16th, 2014 - 10:21 GMT

Time to buy a bigger wallet: MENA salaries expected to rise 6-8 percent in 2014

Look for more high quality businesses preparing for IPO in 2014. (Image credit: Shutterstock)
January 16th, 2014 - 07:23 GMT

Three factors that will drive 2014 IPO activity in the Middle East

The forum’s founder, Klaus Schwab, told reporters Wednesday at the organization’s lavish headquarters overlooking Lake Geneva that the event seeks to “push the reset button” on the world’s crisis mode.
January 16th, 2014 - 03:55 GMT

Other than bringing Iran and Israel under one roof, Davos' World Economic Forum aims to 'push the rest button' on Syria, global economic crisis

Adnoc said last week it wouldn’t renew its concession agreement with BP, Exxon Mobil, Royal Dutch Shell, Total and Partex to run the fields
January 15th, 2014 - 08:05 GMT

The end of an era: 75 years later, Abu Dhabi to sell oil at premium prices

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