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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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Unregistered seeds and fertilisers cannot be imported into the UAE (File photo)
January 3rd, 2016 - 06:41 GMT

Seed and fertiliser trade to be regulated in UAE

Al Bawaba
December 30th, 2015 - 11:58 GMT

Egypt to receive $500M loan disbursement from African Development Bank 'if not today then tomorrow'

Al Bawaba
December 30th, 2015 - 01:00 GMT

GCC fuel subsidies: will they go down like dominoes?

Al Bawaba
December 30th, 2015 - 08:00 GMT

Super savers: Expats sent more than $19B home from the UAE in 2015

Al Bawaba
December 30th, 2015 - 06:56 GMT

Lebanon's economy will feel the GCC's pain

Al Bawaba
December 29th, 2015 - 05:03 GMT

Jordan to issue regulations for VoIP services

Al Bawaba
December 29th, 2015 - 01:00 GMT

Fuel up, subsidies to be slashed: Saudi braces for cost-cutting reforms

Part of the Arab Fund loan will be allocated to improve the infrastructure and tourist facilities around Petra. (File photo)
December 29th, 2015 - 12:00 GMT

Jordan gets $71M loan from Arab Fund for Petra, SMEs, weather forecasting infrastructure

Next year's revenues are forecast at $137B. (File photo)
December 28th, 2015 - 05:52 GMT

Saudi announces $224B budget for 2016

Al Bawaba
December 28th, 2015 - 09:39 GMT

Dubai's zero-deficit, 2016 budget targets social development and infrastructure

Al Bawaba
December 28th, 2015 - 08:15 GMT

Egyptian exports get a boost with $500M African Export-Import Bank agreement

Al Bawaba
December 28th, 2015 - 07:06 GMT

How has the GCC reacted to the US Fed rate hike?

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