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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 minister reiterated that the financial statements for the first half of 2018 confirm the strength of the economy and that the country has overcome the ‘blockade’ imposed by Saudi Arabia and its allies. (Shutterstock)
December 11th, 2018 - 01:20 GMT

Qatar Projects Its 2019 Budget to Be Surplus

Expo 2020’s theme of ‘Connecting Minds, Creating the Future’ extends to the inclusion of People of Determination in the Expo 2020 Volunteers programme, as well as internships. (Shutterstock)
December 10th, 2018 - 04:23 GMT

Dubai Expo 2020 Extends Call for Job Applications to People of Determination

ADNOC’s Blockchain pilot has provided a single platform that tracks the quantities and financial values of each bilateral transaction between ADNOC’s operating companies, automating the accounting process. (Shutterstock)
December 10th, 2018 - 04:18 GMT

ADNOC to Use Blockchain in Oil and Gas Production Value Chain

The drugs are believed to have been shipped over from South America on a commercial vessel before being transferred onto a smaller fishing boat and brought ashore in Morocco. (Shutterstock)
December 10th, 2018 - 04:12 GMT

Morocco Seizes More Than Tonne of Cocaine in Latest Drugs Ambush

One must be more selective when it comes to choosing effective social media influencers. (Shutterstock)
December 10th, 2018 - 04:06 GMT

Opinion: How Social Media Influencers Should Handle the Advertising Market

The World Bank has also warned that Lebanon could lose loans if a prolonged political deadlock means they are not used. (Shutterstock)
December 10th, 2018 - 03:52 GMT

Lebanon Might Lose International Aid as No Cabinet Is in Sight

Currently 25% of trades between the two countries are being conducted by national currencies and this trend will continue. (Shutterstock)
December 10th, 2018 - 03:46 GMT

Iran, Russia Trading With National Currencies Targets US Sanctions

Companies with unclear Omanization policies will be given a yellow signal, while companies that fall short of meeting their quotas will receive a red signal, barring them from moving forward with hiring expat employees. (Shutterstock)
December 10th, 2018 - 03:39 GMT

Oman Tightens Omanisation Procedures With This New Expats Hiring Law

Iranian President saluted Turkish President Recep Tayyip Erdogan for his stance against the U.S. sanctions and constructive manner regarding the issues in the Islamic community. (Shutterstock)
December 10th, 2018 - 03:15 GMT

Iran Eager to Expedite Energy and Financial Agreements With Turkey

Ahead of the game. A 2017 file picture shows people taking a picture with the world’s first operational police robot near the Burj Khalifa in Dubai. (AFP)
December 10th, 2018 - 03:10 GMT

UAE Wants to Embrace AI, but Still Treads Carefully

Former Jordanian Tourism Minister Lina Annab, who resigned after the fatal floods, had stated: “Featuring sixth on such a prestigious, international and trusted publication is quite an achievement for Jordan. (Shutterstock)
December 10th, 2018 - 03:03 GMT

Jordan Still Optimistic on Tourism Figures Despite Recent Natural Calamities

The likely projects include the $7.6 billion, 1,814km Turkmenistan-Afghanistan-Pakistan-India transnational gas pipeline (TAPI). (Shutterstock)
December 10th, 2018 - 02:56 GMT

Will Saudi Tap Into the $10 Billion Investment Opportunity in Turkmenistan?

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