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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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The self-made billionaire and chairman of Al Habtoor Group ranks 335 on Forbes World's Richest People list. (Habtoor)
November 22nd, 2016 - 10:30 GMT

Khalaf Al Habtoor calls for pan-GCC economic bloc, common currency independent of dollar

The IIF added that Lebanon would post the second smallest increase in net capital inflows among emerging markets in 2016. (File photo)
November 22nd, 2016 - 07:30 GMT

Positive net capital inflows to Lebanon expected for 2106

In the GCC, for example, 51 percent of young Arabs said they were not concerned about the environment and climate change. (Shutterstock)
November 21st, 2016 - 12:30 GMT

Arab youth most worried about Daesh, least concerned about the environment

Muhammad Rashed Ali Lootah, CEO of Commercial Compliance & Consumer Protection (CCCP) sector in DED
November 21st, 2016 - 10:28 GMT

Beauty salons in Dubai told to install automated cash registers

According to the forum, the confidence in the real economy sub-index rose by 2.62 points in August 2016, the highest since the beginning of this year, reaching 105.47 points. (Jordan Times)
November 21st, 2016 - 08:30 GMT

Jordan: Investor confidence rises for the first time in eight months

DED signs MoU with MCI Middle East
November 20th, 2016 - 11:00 GMT

Dubai Customs to organize “Innovation Festival” during UAE Innovation Week 2016

During the event
November 20th, 2016 - 05:41 GMT

Abu Dhabi Ports hosts the 2nd Maritime Standard Ship Finance and Trade Conference in Abu Dhabi

After the second $1 billion by January, the third chunk is expected to follow later in 2017. (File photo)
November 17th, 2016 - 01:07 GMT

Egypt to receive second billion-dollar installment from World Bank in January

Since 1995, the Egyptian government has widely interfered in determining medicine prices through providing financial subsidies to the manufacturers. (Shutterstock)
November 17th, 2016 - 09:30 GMT

Egypt addresses acute medicine shortage with imports, subsidies

The mission, in its concluding statement, also expected the investment in infrastructure to push the economic growth in the medium term. (Shutterstock)
November 17th, 2016 - 07:30 GMT

Kuwait's non-oil sectors to enjoy 'gradual revival': IMF

During the event
November 17th, 2016 - 06:45 GMT

Dubai Silicon Oasis hosts third Entrepreneur Day event and start-up competition at DTEC

During the event
November 17th, 2016 - 06:39 GMT

Abu Dhabi Ports presents business opportunities to Indian investors

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