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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 Crown Prince Mohammed bin Salman bin Abdulaziz on Monday broke ground on the King Salman Energy Park, SPARK. (Saudi Aramco)
December 12th, 2018 - 06:55 GMT

Bin Salman Inaugurates Saudi's Energy City Mega project

Turkey applied for EU membership in 1987, while accession talks began in 2005. (Shutterstock)
December 12th, 2018 - 06:49 GMT

Turkey Undeterred Towards Its EU Membership Goal

The case is the latest in a string of corruption cases brought by the Administrative Control Authority, the country's anti-corruption watchdog, against top state officials in recent months. (Shutterstock)
December 12th, 2018 - 06:40 GMT

Egypt's Former Head of Customs Accused of Bribery

Nearly half of the €72.5 million will be used to maintain stability through promoting local development, Pierre Amilhat from the EU’s Directorate-General of International Cooperation and Partnership told reporters. (Shutterstock)
December 11th, 2018 - 02:22 GMT

EU Dedicates $82.5 Million for Iraq's Reconstruction

According to Mohammad Hassan Adeli, former secretary general of the Gas Exporting Countries Forum, sanctions are one of the main reasons for Iran’s failure in its gas export policy. (Shutterstock)
December 11th, 2018 - 02:18 GMT

How Are the US Sanctions Affecting Iran's Gas Projects?

Only the judge overseeing the case will be present in the courtroom. (Wam)
December 11th, 2018 - 02:11 GMT

World’s First Digital Courtroom Finds Home in Abu Dhabi

The transfer was endorsed by Dr Sultan Ahmed Al Jaber, UAE Minister of State and Adnoc Group CEO, and Liu Yijiang, chairman of China ZhenHua Oil. (Shutterstock)
December 11th, 2018 - 02:05 GMT

China Invests in ADNOC With 4 Percent Stake

The MENA region has had a chequered history of renewables adoption to date. (Shutterstock)
December 11th, 2018 - 01:53 GMT

MENA Has yet to Harness the Full Potential of Renewables

The timing of the decision, just few days before the 9th December PGCC Riyadh summit, seems to show the decision is somehow related to the current diplomatic rift between the two states (Shutterstock)
December 11th, 2018 - 01:42 GMT

Qatar's OPEC Withdrawal Hints at Increase of Iran’s Production Share

Price of Brent crude trades above $62 a barrel at start of week (Shutterstock)
December 11th, 2018 - 01:36 GMT

Brent Oil Recovers Following OPEC Oil Output Cut Announcement

Earlier this week, the Ministry of Manpower announced that companies will have to secure the ministry’s go ahead before they can hire expats. (Shutterstock)
December 11th, 2018 - 01:32 GMT

Oman Mulls Extension of Visa Ban for Expats


A Tunisian activist who requested anonymity told The Media Line that Kuwait’s move “has to do with the ‘unethical trade’ of Tunisian women.  (Shutterstock)
December 11th, 2018 - 01:27 GMT

Kuwait Halts Tunisian and Lebanese Women Work Permits Citing Lack of Male Guardian

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