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Economy and Policy

Economy and Policy latest

Hegseth during US Committee hearing
July 23rd, 2026 - 09:04 GMT
P. Choiaqo

P. Choiaqo

Hegseth asks Congress to increase defense budget to $1.5 trillion

ALBAWABA - Hegseth appeared before Congress yesterday to answer questions regarding the Iran war and the costs related to it; instead of answering, he bold-facedly requested Congress increase his department’s budget to $1.5 trillion. The Trump administration continues to push Congress for more funds to cover the heavy cost of the Iran war, Hegseth says it cost $37 billion so far and is asking for $70 billion more, while analysts ...
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More than 230,000 residents have been displaced and at least 390 people, mostly militants, have been killed in Marawi since May 23, 2017. (AFP)
June 29th, 2017 - 12:01 GMT

Philippines Receives $7.3 Million in Arms From China for Fight in Marawi

Protesters wave Tunisian flags during a demonstration against terrorism in Paris on June 27, 2015, a day after a deadly attack on a Tunisian beach resort. (Loic Venance/ AFP)
June 29th, 2017 - 11:09 GMT

Tunisia 'Unable to Repay External Debt': Central Bank

According to government officials, the rule was implemented to stop expatriates switching jobs and joining competing firms.
June 29th, 2017 - 10:44 GMT

Work Ban in Oman: 60 Percent of Poll Respondents Say Yes to NOC

Mohammad Ali Rashed Lootah, CEO, CCCP
June 28th, 2017 - 10:30 GMT

Dubai Economy and Souq.com Sign MoU on ‘Digital Protection’ to Promote Consumer Confidence in E-Commerce

The Municipality’s delegation also shared Iftar with long-term care patients at the hospital.
June 28th, 2017 - 08:55 GMT

ADM Shares Ramadan Iftar With Patients at Sheikh Khalifa Medical City

Jawab service helps provide clients with accurate replies to their different enquiries through instant chatting.
June 28th, 2017 - 08:40 GMT

Dubai Customs’ Jawab Service Records 70% Increase in Response Rate

Egyptian president Abdel Fattah el-Sisi. (AFP/ File)
June 22nd, 2017 - 11:00 GMT

Opinion: Is Sisi Pushing Egypt off a Cliff?

All allowances, bonuses and financial benefits will be restored with retrospective effect. (File photo)
June 22nd, 2017 - 10:42 GMT

Saudi Arabia Restores Perks of State Employees

Attendees exchanged insights on ways to advance endowment and maximize its potential in serving various social segments.
June 21st, 2017 - 09:23 GMT

UAE Awqaf and Minors Affairs Foundation Organizes Ramadan Majlis on Endowment in Year of Giving

Deputy crown prince and King Salman's son Mohammed is now crown prince. (AFP/ File)
June 21st, 2017 - 07:13 GMT

Saudi Arabia's Mohammed Bin Salman Promoted to Crown Prince

The report has shown a particular increase in appetite for investments in technology-related sectors, such as IT, FinTech, and e-commerce. (File photo)
June 20th, 2017 - 07:00 GMT

UAE Leads Region in Private Equity Investments: Report

Saudi riyals. (File photo)
June 19th, 2017 - 12:38 GMT

Tough Monetary Conditions in GCC as US Fed Hikes Interest Rates

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