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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 main objective is to boost the competitiveness of the emirate. (Shutterstock)
December 30th, 2018 - 10:07 GMT

Will Waiving Customs Duties on Industry Sector Revive Abu Dhabi's Economy?

The aviation sector is expected to reach 20 percent over the next few years. (Shutterstock)
December 30th, 2018 - 10:00 GMT

Aviation Sector Contributes 15 Percent to UAE's GDP

Adequate training of inspection officers’ and their vigilance also prevented the smuggling of 6,720 ‘Lyrica’ pills. (Shutterstock)
December 30th, 2018 - 09:22 GMT

Dubai Customs Busts 922 Smuggling Attempts in 2018

The most important challenges facing the KOC are to achieve the set goals and the need for a large number of drilling platforms in preparation for future projects. (Shutterstock)
December 30th, 2018 - 08:35 GMT

Kuwait Aims for 3.65 Million Bpd of Light Crude Production for 2023

‘A time bomb similar to real estate fraud’ (Shutterstock)
December 30th, 2018 - 08:30 GMT

Kuwait Warns Citizens Against Social Media Quick Bucks Scams

The issue is limited to the Korean contractor and the Kuwaiti authorities. (Shutterstock)
December 30th, 2018 - 08:24 GMT

The Real Reason Why Kuwait Seized an Iranian Ship. Hint: It's Not US Sanctions

Makkah Gov. Prince Khaled Al-Faisal during the signing ceremony of an initiative between the National Home Health Care Foundation and the Public Health Department. (AN)
December 30th, 2018 - 08:19 GMT

Makkah to Extend More Financial Support for Health Sector

Newly-appointed foreign minister makes first comments on case of slain journalist. (AFP)
December 30th, 2018 - 08:13 GMT

Saudi Credits Khashoggi Case for Government Reshuffle, Citing "Change" Vs "Crisis"

150 people gathered in central Beirut and chanted slogans against Lebanon’s politicians, calling them “corrupt.” (AFP)
December 27th, 2018 - 10:57 GMT

Second Protest in Lebanon Over Economic Instability

Anger grew over the death of a journalist who set himself on fire over economic conditions, prompting clashes to spread from an impoverished western city overnight. (AFP)
December 27th, 2018 - 10:08 GMT

Clashes in Tunisia Spread Nationwide, Decrying Dire Living Conditions

The services will run between Qatar’s Hamad Port, Oman’s Sohar port and Kuwait’s Shuwaikh Port. (Shutterstock)
December 27th, 2018 - 10:00 GMT

New Qatar-Oman-Kuwait Shipping Line Opens

Turkish business body head foresees country's economy to grow 1 percent next year, inflation rate to hover around 17 percent. (Shutterstock)
December 27th, 2018 - 09:49 GMT

Turkey's Outlook on Its Economy for 2019

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