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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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The need to maintain coordination and consultation between Jordan and Kuwait over issues of mutual concern was also stressed. (Shutterstock)
February 12th, 2019 - 08:48 GMT

Jordan, Kuwait Sign 15 Deals To Strengthen Cooperation

The PMI was at 50.5 in January, up from 50.1 in December. (Qatar Tribune)
February 12th, 2019 - 08:27 GMT

Employment Growth Results In Increase In Qatar PMI

Sultan bin Saeed Al Mansouri meets Mukhisa Kituyi, secretary-general of the UN Conference on Trade and Development, on the sidelines of the World Government Summit in Dubai on Monday. (Courtesy WAM)
February 12th, 2019 - 08:20 GMT

UAE Unbiased On US-China Trade war

Total office stock in Saudi Arabia’s capital stood at 4.2 million square meters of gross leasable area by the end of 2018. (Shutterstock)
February 12th, 2019 - 08:11 GMT

Riyadh Witnesses Rise in Demand for Office Space Due to Growth of Start-Ups

Decision expected to be announced ahead of Mobile World Congress. (AFP)
February 11th, 2019 - 12:14 GMT

Trump Mulls Banning Chinese Tech in US

During the event
February 11th, 2019 - 11:51 GMT

WGS 2019: 133 Million New Jobs May Emerge in Shake-Up Between Humans and Machines by 2022

The Saudi Jordanian Investment Fund said it has signed a deal with Aqaba Special Economic Zone Authority. (Trade Arabia)
February 11th, 2019 - 10:57 GMT

Saudi Jordanian Investment Fund Seals $705 Million Aqaba Rail Network Deal

Citizens and expatriates spent about KD 24 billion last year. (Shutterstock)
February 11th, 2019 - 09:45 GMT

Nationals and Expats Spent More Than $79 Billion in Kuwait in 2018

Lebanon could receive significant bank deposits from allies soon. (Shutterstock)
February 11th, 2019 - 09:14 GMT

Lebanon Anticipates Receiving Significant Deposits From Allies

“The oil exporters have not fully recovered from the dramatic oil price shock of 2014,” Lagarde said Saturday in Dubai. (AFP)
February 11th, 2019 - 09:09 GMT

Lagarde Hails Arab Steps to Enhance Financial Framework

The high-level workshop on ‘SME Development and Financial Inclusion in the Arab world’, was part of the World Government Summit. (Shutterstock)
February 11th, 2019 - 08:57 GMT

WGS Workshop Demands More Support to SMEs in the Middle East

UAE is a key partner for UK: "We need to have a deeper strategic relationship. It should not only be about selling and buying but about being partners." - Rt Hon Liam Fox (Shutterstock)
February 11th, 2019 - 08:50 GMT

UK to Have Free Trade Agreement With GCC

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