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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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Iran and Oman have had good economic relations from old times and the ties have even expanded in recent years due to extended bank cooperation between the two countries. (Shutterstock)
December 13th, 2018 - 07:39 GMT

Oman, Iran to Strengthen Trade via New Marine Line

Amir Abdollahian, Iranian parliamentary official (AFP)
December 13th, 2018 - 07:21 GMT

Europe's SPV Solution to Circumvent US Sanctions on Iran Might Launch End of Year

Abdul-Mahdi said he would send a delegation to the United States to seek an exemption from sanctions to keep importing gas from Tehran. (Shutterstock)
December 13th, 2018 - 07:13 GMT

Iraq Takes a Strong Stance With Iran Against US Sanctions

Prime Minister-designate Saad Hariri. (AFP)
December 13th, 2018 - 07:00 GMT

Hariri Reassures CEDRE Implementation Despite Government Formation Delays

The Central Bank of Iran had been focused mainly on stabilizing foreign-exchange market over the past few weeks through promoting Iran’s national currency. (Shutterstock)
December 12th, 2018 - 08:00 GMT

Iran Claims Its Oil Exports Have Increased Since US Sanctions

Iran and South Africa underlined broadening their bilateral ties in different areas in their joint statement. (Shutterstock)
December 12th, 2018 - 07:49 GMT

Iran, South Africa to Increase Tech, Business Ties

The regional market witnessed a slight decline during 2014-2016. (Shutterstock)
December 12th, 2018 - 07:41 GMT

Middle East Fire Safety Market Will Reach a Sizzling $3 Billion by 2024

The Qatari envoy to Israel and the Gaza Strip Mohammed Al-Emadi. (Asharq Alawsat)
December 12th, 2018 - 07:34 GMT

Israel Stands in Way of Qatar's Doha-Gaza Air Link Proposal

45 percent of employers do not allow domestic workers to go out on weekly day rest. (Shutterstock)
December 12th, 2018 - 07:25 GMT

62.2 Percent of Employers in Kuwait Break Domestic Workers Law

Kuwait’s government is keen to fight corruption through the application of financial disclosure statement. (Shutterstock)
December 12th, 2018 - 07:19 GMT

Kuwait Determined to Stem out Corruption

Long-term investors prefer to pump their money into mid-term operational shares to speculate and enter into reckless adventures. (Shutterstock)
December 12th, 2018 - 07:15 GMT

In Kuwait, Investing in Popular Stocks Still Reigns

Egypt Aims to Increase Its Exports by up to 20 Percent. (Shutterstock)
December 12th, 2018 - 07:04 GMT

Egypt Aims to Increase Its Exports by up to 20 Percent

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