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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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Iran has moved up two points to 47th place on Bloomberg Innovation Index 2019 report. (Shutterstock)
January 30th, 2019 - 11:08 GMT

Iran Ranks 47th in Bloomberg Innovation Index 2019

Qatar also removed the names of UAE companies from the list of approved vendors for infrastructure projects. (Shutterstock)
January 30th, 2019 - 10:59 GMT

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January 30th, 2019 - 10:25 GMT

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January 30th, 2019 - 10:16 GMT

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Islamic banking software refers to banking software that functions according to Shariah norms for managing and monitoring banking operations. (Shutterstock)
January 30th, 2019 - 10:12 GMT

The Meteoric Growth of Shariah-Compliant Software Market in Banking Industry

Kuwaiti Official Demands Government to Halt Employing Expats. (Shutterstock)
January 30th, 2019 - 10:06 GMT

Kuwaiti Official Demands Government to Halt Employing Expats

Saudi Arabia said on Tuesday it had suspended 126 local government employees at municipalities across the Kingdom on corruption charges. (Shutterstock)
January 30th, 2019 - 10:02 GMT

Over 100 Government Employees Suspended in Saudi Arabia on Corruption Charges

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January 30th, 2019 - 09:20 GMT

Remittances of Egyptian Expats Exceed $23 Billion in 2018

Israel also announced that Intel would recive a $1 billion reward from the government, due to the investment. (AFP)
January 30th, 2019 - 09:06 GMT

Intel to Expand Its Operations in Israel With Investments Worth $11 Billion

Kingdom to receive oil at lower prices in exchange for lower fees on Iraqi shipments to Aqaba. (Shutterstock)
January 30th, 2019 - 08:52 GMT

More Facilitation Announced to Boost Trade Between Iraq, Jordan

Lebanon should consider a voluntary debt restructuring to avert a financial crisis despite pledges of aid from Gulf benefactors. (Shutterstock)
January 30th, 2019 - 07:15 GMT

Lebanon Must Consider Debt Restructuring to Avert Financial Crisis

The combined generation capacity will be 1.51 gigawatts (GW), enough to power 226,500 households. (Shutterstock)
January 30th, 2019 - 07:12 GMT

Saudi Arabia Launches 7 Solar Projects Worth $1.5 Billion

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