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Valentine's Day
February 11th, 2026 - 12:25 GMT
Al Bawaba Staff

Al Bawaba Staff

The 'Valentine's economy' grows strongly, reaching $29 billion

ALBAWABA - This year, the spirit of love seems to have transcended mere sentiment, strongly impacting consumer spending. Estimates indicate that Americans are poised to inject approximately $29.1 billion into the market to celebrate Valentine's Day, a figure among the highest in the holiday's history, according to the National Retail Federation. According to a report published by TalkBusiness, 65 percent of American households plan to celebrate the occasion, with an ...
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Fintech is a portmanteau of financial technology that describes an emerging financial services sector in the 21st century. (Shutterstock)
January 31st, 2019 - 11:31 GMT

Fintech Startups Pave the Way for Reforming Iran’s Financial System

The cost of the Syrian war on Lebanon amounts to about $14 billion. (Shutterstock)
January 31st, 2019 - 10:42 GMT

Central Bank Still Confident With Lebanon’s Economy Despite Regional Woes

Turkey welcomed 39.5 million foreign visitors in 2018 (Shutterstock)
January 31st, 2019 - 10:41 GMT

Over 39.5 Million Foreigners Visited Turkey in 2018

The two sides also voiced satisfaction with the growing trend of economic cooperation. (Shutterstock)
January 31st, 2019 - 10:40 GMT

Austria Stresses the Need for Expansion of Economic Cooperation With Iran

Landlords quote lower amount in rental pacts with municipality to pocket additional money. (Shutterstock)
January 31st, 2019 - 09:17 GMT

The Catch Behind OMR1 Rents in Oman

The International Monetary Fund's managing director Christine Lagarde said that Egypt has made substantial progress as evident in the success achieved in macroeconomic stabilisation. (AFP)
January 31st, 2019 - 09:15 GMT

Egypt on Right Track With Its Ongoing Economic Reform Programme: IMF

Fuel prices had declined in January as well. (Shutterstock)
January 31st, 2019 - 09:13 GMT

UAE to Reduce Fuel Retail Prices for February 2019

Egypt’s total budget deficit declined to 3.6 percent of GDP in the first half of the 2018/2019 fiscal year. (Shutterstock)
January 31st, 2019 - 09:12 GMT

Egypt Achieves Primary Budget Surplus of EGP21 Billion

“Support the resistance financially through the Bitcoin currency,” Hamas said, adding the exact mechanism would be announced later. (Shutterstock)
January 31st, 2019 - 09:11 GMT

Hamas Asks Supporters to Send Funds via Bitcoin

The sales prices are expected to remain under pressure in the foreseeable future. (Shutterstock)
January 31st, 2019 - 09:08 GMT

This Is How to Nail the Best Real Estate Deals in Dubai

The pilot project is aimed at studying the practical application of modern technologies. (Shutterstock)
January 31st, 2019 - 09:05 GMT

UAE, Saudi Digital Currency to Be Restricted to a Limited Number of Banks

Saudi Arabia's King Salman has received a report from a special committee investigating public corruption, which will see billions of riyals recovered. (AFP/ File Photo)
January 31st, 2019 - 08:03 GMT

Saudi Investigators Recover $106 Billion Assets in Anti-Corruption Crackdown

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