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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 premier, Jordanians contribute 26.5 per cent to the Treasury’s total revenues, in taxes and fees.(Shutterstock)
January 6th, 2019 - 08:51 GMT

Jordan: No Tax Hikes in 2019

Shop owners described 2018 as “the worst year ever” (Shutterstock)
January 6th, 2019 - 08:36 GMT

Jordan's Jewelry Sector Witnesses Worst Year in Decade

The program aims to improve independent thinking by encouraging questions and creating an environment conducive to respecting different viewpoints. (Shutterstock)
January 6th, 2019 - 08:24 GMT

Critical Thinking and Philosophy to Be Included in 2019 Saudi Schools' Curriculum

Since the campaign began in November 2017 the total number of offenders was 2,376,215, which included 1,846,252 for violating residency regulations, 364,636 for labor violations and 165,327 for border violations. (Pixabay)
January 6th, 2019 - 08:19 GMT

More Than 2 Million Expats Arrested in Saudi Arabia in 2018

Several economic officials and analysts have affirmed that the outlook for the UAE economy is highly positive despite global headwinds. (Shutterstock)
January 6th, 2019 - 08:14 GMT

UAE's GDP Projected to Grow 3.7 Percent in 2019

Oil prices collapsed over 40 per cent in the fourth quarter, but surged to its best weekly gain in more than two years this week. (Shutterstock)
January 6th, 2019 - 08:09 GMT

US-China Trade Talks to Set the Future Direction for Oil Market

Dh23.4m worth of fines waived off last year to help firms cope up with challenging environment. (Shutterstock)
January 6th, 2019 - 07:53 GMT

Dubai to Maintain 50 Percent Reduction in Fines for Businesses in 2019

Going forward, the FTA is going to conduct tax audits on businesses, which will ensure that the they take compliance with VAT more seriously than what they have been doing in the first year. (Shutterstock)
January 6th, 2019 - 07:46 GMT

More Than 296,000 Businesses Registered for VAT in UAE

Blockchain, an unalterable digital information recording system, is increasingly being discovered as a useful tool by Islamic finance institutions and banks. (Shutterstock)
January 5th, 2019 - 06:00 GMT

The Deployment of Blockchain in Islamic Finance

The positives in Lebanon’s entrepreneurial developments in 2018 were overshadowed by the toppling of a giant, and the consequences its tumble had for everyone. (Shutterstock)
January 5th, 2019 - 05:00 GMT

The Fears Echoing in Lebanon’s Entrepreneurship Ecosystem

The video showed one person throwing Dh1,000 bank notes under his feet while being encouraged by the second. (Shutterstock)
January 4th, 2019 - 05:00 GMT

Two Expats Arrested in UAE for ‘Disrespecting Money’

In March, Air India launched the first scheduled service to Israel to be allowed to cross Saudi airspace, overturning a 70-year-old ban by Riyadh on such routes. (Shutterstock)
January 3rd, 2019 - 11:48 GMT

Saudi Arabia Mulls Opening Airspace for More Israel-Bound Planes

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