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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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Saudi Arabia is the world's top oil exporter. (Shutterstock)
January 10th, 2019 - 09:01 GMT

Saudi's Oil and Gas Reserves Are Bigger Than Previously Reported

It is the only free trade zone in Kuwait although the country is located along a long coast with a unique geographical location. (Shutterstock)
January 10th, 2019 - 08:49 GMT

Kuwait Closes Its Only Free Zone, Serving Its Economy a Massive Blow

The new loan will be directed to small and medium enterprises, expecting that the bank would sign the deal by the end of the first half of 2019. (Shutterstock)
January 10th, 2019 - 08:35 GMT

Kuwait to Loan Egypt $30 Million to Support SMEs

The World Bank expects Turkey to post 1.6 percent growth in 2019, 3.0 percent in 2020 and 4.2 percent in 2021. (Shutterstock)
January 10th, 2019 - 08:23 GMT

World Bank: Turkey to Bypass Recession

Iran on Wednesday has "strongly" condemned the Council's "illogical" and "surprising" decision. (Shutterstock)
January 10th, 2019 - 08:13 GMT

EU Imposes Sanctions on Iran Over Assassination Plot

Tunisia has moved up 8 spots to 80th in this report compared to 2018. (Shutterstock)
January 10th, 2019 - 08:07 GMT

Forbes Ranks Tunisia 5th Best Country for Business Amongst African Peers

This loan with a fixed interest rate of 2.5%, will be repaid over 30 years with a five-year grace period. (Shutterstock)
January 10th, 2019 - 08:00 GMT

Tunisia Approves DT400 Million Loan to up Employment and Public Services

The Egyptian state has many contractual systems to establish projects for energy production from solar energy, including the feed-in tariff, the independent product, and net measurements. (Shutterstock)
January 9th, 2019 - 12:40 GMT

$200 Million as Investments in Renewable Energy Projects in Egypt

Textile and ready-wear sector exports rose 3.8 percent in 2018 to reach $26.1 billion. (Shutterstock)
January 9th, 2019 - 12:22 GMT

Turkey Exceeds $26 Billion in Clothing Exports

The law allows non-Qatari investors to own a percentage not exceeding 49 percent of the share capital of listed companies. (Shutterstock)
January 9th, 2019 - 11:41 GMT

Foreign Investment Law Aims to Boost the Economy in Qatar

Establishing successful career a main source of happiness for female professionals. (Shutterstock)
January 9th, 2019 - 11:25 GMT

Survey: 57% MENA Women Enter the Workforce Aiming for Financial Independence

In the 2019 budget, approximately OMR5 billion has been allocated for the education, health, housing and welfare sectors. (Shutterstock)
January 9th, 2019 - 10:46 GMT

39 Percent of Oman's 2019 Budget to Be Allocated for Social Sectors

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