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Economy and Policy

Economy and Policy latest

US Aircraft Carrier in the Arabian Sea
July 16th, 2026 - 06:46 GMT
P. Choiaqo

P. Choiaqo

Saudi Arabia to buy $2 billion worth of weapons from the US

ALBAWABA - The sale of an estimated $1.96 billion worth of weapons focused on air defenses to Saudi Arabia has been approved, according to the U.S. State Department. The weapons sought by the Kingdom of Saudi Arabia are around 20,000 Advanced Precision Kill Weapon Systems and its warheads which are described as "an inexpensive way to destroy targets while limiting collateral damage in close combat.” According to the U.S. Navy ...
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Samsung Evolution Kit
February 17th, 2013 - 05:17 GMT

Samsung unveils Evolution Kit at CES 2013 to complete an evolving Smart TV

Mubarak regime figures will be retried in cases related to corruption charges
February 14th, 2013 - 12:02 GMT

Mubarak-era figures allowed retrial

Egypt is ready to take delivery of a further 20 F-16 fighter jets from the US
February 14th, 2013 - 11:42 GMT

Egypt ready to take delivery of US fighter jets

Lowered interest rates could be a good sign for Yemen's economy, experts say
February 14th, 2013 - 10:58 GMT

Experts point to decreased interest rates as sign of 'green shoots' for Yemen's economy

Most analysts now see demand growth of 0.9 to 1.0 mbpd in 2013
February 14th, 2013 - 10:55 GMT

Kuwait to record $50 billion budget surplus

Egypt's economy needs $100 billion to recover, according to Amr Moussa, head of the Conference Party
February 14th, 2013 - 08:50 GMT

Egypt economy needs billions to recover - Amr Moussa

Plans to allow foreign ownership of businesses in the UAE has hit the rocks after a government plan was rejected
February 14th, 2013 - 08:40 GMT

UAE foreign ownership plan hits the rocks

More than 267,000 guest workers of different nationalities work in the Kingdom illegally, 65 per cent of whom are Egyptians
February 13th, 2013 - 12:23 GMT

Experts discuss undocumented workers in Jordan

The Islamic Development Bank signed off on financing packages totalling $450 million
February 13th, 2013 - 12:01 GMT

IDB signs off funding packages

Bahrain's economy is forecast to grow by more than six per cent this year, according to experts.
February 13th, 2013 - 11:47 GMT

Bahrain's economy set to grow 6 per cent

Epson 3D projector
February 13th, 2013 - 10:46 GMT

Epson announces Middle East launch of first passive 3D projector system for commercial use

Mohammed Rashid Lootah, Deputy CEO of Commercial Compliance & Consumer Protection sector in DED
February 13th, 2013 - 09:49 GMT

DED opens online registration of delegates for Dubai World Conference on Consumer Rights

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