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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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Dubai ranked second globally for retail representation, just behind the British capital London, according to the annual CBRE survey for the year 2012.
October 2nd, 2013 - 11:38 GMT

Who needs more? Dubai says it has plenty of room for new malls

The army-backed government views Tehran with deep suspicion.
October 2nd, 2013 - 07:37 GMT

After a brief rekindling, Egypt severs tourism with Iran

The GDP growth rate on average is likely to taper off due to the decline in energy export revenues which marked a historic high in 2012.
October 2nd, 2013 - 07:27 GMT

The glass half full? Arab countries' GDP growth reached 4.8%

"As it is, 80 percent of energy subsidies do not benefit those in need," explained Galal, who added that state fuel subsidies had reached between LE128 and 130 billion annually.
October 2nd, 2013 - 04:30 GMT

A farewell gift? Egypt's interim govt to cut subsidies, change taxes before leaving

Since the 2011 revolution which overthrew long-time autocrat Hosni Mubarak, the judicial system has issued at least 11 rulings annulling privatisation deals made during his tenure.
October 1st, 2013 - 02:03 GMT

Egypt's cotton to stay Egyptian

Samsung Electronics KSA General Manager Jae Cheon Park said that Samsung Galaxy Note 3 is a premium, efficient yet artistic device.
October 1st, 2013 - 12:59 GMT

Galaxy Note announces birth of new family member

Excluding foreign grants, the budget deficit would be JD842.6 million during the first seven months of 2013, compared with JD658.4 in the same period last year, the ministry indicated.
October 1st, 2013 - 08:13 GMT

Jordan's indebtedness at almost 75% of GDP

Founded in 1967, the Tehran Stock Exchange has been one of the world's best performing stock markets in recent years and has ranked as the best bourse index in Europe, Africa and Middle East in 2010 in terms of performance of the main index.
October 1st, 2013 - 04:30 GMT

Iran's capital markets hit astounding levels

Regarding consumer loans, Qatar registered the biggest growth rate among the GCC countries at 9.7 percent.
October 1st, 2013 - 04:30 GMT

GCC consumer loans booming

"We expect to create around 250 jobs for Bahrainis and Saudis," he added.
October 1st, 2013 - 04:30 GMT

A healthy economy? $93 million insulin factory coming to Bahrian

“The solution lies in creating job opportunities. How can we do that? By developing the economy and expanding areas of work for Saudis to become productive.”
September 30th, 2013 - 11:33 GMT

"Saudization is not the solution"- says Saudi Education Minister

The 2022 World Cup, normally a summer tournament, has been cast into doubt given Qatar’s searing summer temperatures.
September 30th, 2013 - 09:57 GMT

A seasonal compromise? Qatar's World Cup 2022 could be hosted in November

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