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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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According to the UAE Space Agency, in 2017, the total global space economy value amounted to $348 billion. (Shutterstock)
January 15th, 2019 - 11:50 GMT

UAE Investments in Space Exceed AED22 Billion, Providing Over 1,500 Job Opportunities

The unemployment rate occurred as 11.6 percent with a 1.3 percentage point increase (Shutterstock)
January 15th, 2019 - 11:34 GMT

Turkey's Unemployment Rate Increased to 11.6 Percent in October

Saudi Arabia Mulls Gas Network Extension With UAE, Oman (Shutterstock)
January 15th, 2019 - 10:11 GMT

Saudi Arabia Mulls Gas Network Extension With UAE, Oman

Jordan,Iraq Agree to Finalize Basra-Aqaba Oil Pipeline
January 15th, 2019 - 09:47 GMT

Jordan,Iraq Agree to Finalize Basra-Aqaba Oil Pipeline

More Than 98 Million Passengers Visited Saudi Airports in 2018 (Shutterstock)
January 15th, 2019 - 09:25 GMT

More Than 98 Million Passengers Visited Saudi Airports in 2018

Mutual Investments Between Kuwait, UK Exceeds $4 Billion in 2018 (Shutterstock)
January 15th, 2019 - 09:08 GMT

Mutual Investments Between Kuwait, UK Exceeds $4 Billion in 2018

Vendors’ VAT Registration Status Can Be Checked Online in Bahrain (Shutterstock)
January 15th, 2019 - 09:01 GMT

Vendors’ VAT Registration Status Can Be Checked Online in Bahrain

The Kingdom Tower stands in the night in Riyadh, Saudi Arabia (Shutterstock)
January 15th, 2019 - 08:36 GMT

Increasing Renewable Energy Production is on Saudi's Top List

A total of 4,557 expatriates were deported and another 5,413 arrested for “violating provisions of the Labour Law”. (Shutterstock)
January 15th, 2019 - 08:17 GMT

More Than 4,500 Expats Deported, 5000 Arrested in Oman

Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar (Shutterstock)
January 15th, 2019 - 08:04 GMT

Money Transfers to Be Paid in Lebanese Local Currency Instead of US Dollar

Market sentiment should improve in the long run as the new visa regulations will provide a boost to the UAE's real estate market. (Shutterstock)
January 15th, 2019 - 07:30 GMT

UAE Relies on Visa Reforms to Stimulate Property Market

The Iranian foreign minister commended Iraq's positive stance on the promotion of ties with Iran (Shutterstock)
January 14th, 2019 - 11:25 GMT

Iraq to Strengthen Trade Ties With Iran Despite US Sanctions

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