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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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The MENA region, economic growth is projected to rise to 1.9 percent in 2019. (Shutterstock)
January 9th, 2019 - 09:57 GMT

Global Economic Growth to Drop to 2.9 Percent in 2019

Apicorp made the prediction in a report as the oil price again ticked higher, supported by the hopes that talks between China and the US would defuse current trade tensions. (Shutterstock)
January 9th, 2019 - 09:40 GMT

Saudi Firm Predicts Oil Price to Hit $70 by Summer

The labour minister has the right to issue a decision to deport an illegal worker at the expense of the worker’s employer. (Shutterstock)
January 9th, 2019 - 09:29 GMT

Jordan Amends Labour Law Definitions, Announces Work Permit Exemptions

Globally, Dubai's carrier was ranked 19th most punctual among mainline airlines. (File/Photo)
January 9th, 2019 - 08:43 GMT

Emirates Ranks 2nd Most Punctual Middle East Airline in 2018

Dubai Design District (D3). (Shutterstock)
January 9th, 2019 - 08:29 GMT

Report: UAE Dominates the MENA Startups Ecosystem, Egypt’s Is the Fastest Growing

Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE Minister of Energy and Industry. (AFP)
January 9th, 2019 - 08:15 GMT

UAE: OPEC Doesn't Control Oil Prices, the Market Does

Remittances of Egyptian expatriates in Jordan hit  $539,000 in December. (Shutterstock)
January 9th, 2019 - 08:04 GMT

Remittances of Egyptian Expats in Jordan Exceed $500,000

Many FSIs have started embracing cloud technology and artificial intelligence (AI) to improve their own agility. (Shutterstock)
January 8th, 2019 - 12:14 GMT

How AI Is Transforming the Financial Services Industry

Dubai’s futuristic vision is shared globally. (Shutterstock)
January 8th, 2019 - 12:01 GMT

Dubai Aims at Becoming the World's First Smart City

Based on the report, Iran ranks first in the Middle-East region in nanoscience and nanotechnology. (Shutterstock)
January 8th, 2019 - 11:50 GMT

Report: Iran Ranks First in Middle East in Nanotechnology

The airline said this decision has been taken after a careful review of customer feedback and operational considerations. (File/Photo)
January 8th, 2019 - 09:44 GMT

Emirates Cancels the Chauffeur Service for These Passengers

The Minister of Commerce announced 35,000 jobs for Saudis around the Kingdom. (Shutterstock)
January 8th, 2019 - 09:34 GMT

Saudization Continues, 35,000 Jobs Announced for Saudis Only

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