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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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Al Bawaba
December 26th, 2012 - 11:04 GMT

Lg introduces powerful audio and video products with enhanced smart TV functions and intuitive UX

New taxes in Egypt were not at the behest of the IMF, the finance minister claims
December 25th, 2012 - 04:00 GMT

New Egyptian tax policies not at IMF behest, finance minister claims

Qatar has raised its growth forecast as infrastructure projects gain speed
December 25th, 2012 - 03:00 GMT

Qatar raises growth forecast as infrastructure projects take hold

Ratings agency Standard and Poors’ has downgraded Egypt’s long-term credit rating.
December 24th, 2012 - 12:27 GMT

Egypt: Credit rating downgraded as political turmoil hits economy

Al Bawaba
December 24th, 2012 - 11:56 GMT

DED sees 15% increase in licenses during November 2012

After a series of strikes across Lebanon, the Cabinet is set to reconsider a proposed salary scheme
December 24th, 2012 - 11:06 GMT

Lebanon: Cabinet to discuss public sector pay rises

Americans consume roughly 18.5 million barrels of oil daily, a mere $8 increase in the price per barrel would sap $1 billion per week from the U.S
December 24th, 2012 - 10:51 GMT

What would be the cost of war with Iran?

During the visit
December 24th, 2012 - 10:24 GMT

Dubai and Oman Chambers to consolidate bilateral trade ties

The Yemeni government has approved a budget of over YR 2 trillion
December 24th, 2012 - 10:03 GMT

Yemen approves 2013 budget

Egypt's budget deficit is on the rise
December 24th, 2012 - 08:40 GMT

Egypt's budget deficit on the rise

Iran is playing a "smart economic" warn, Iranian President Mahmoud Ahmadinejad has claimed
December 24th, 2012 - 07:51 GMT

Ahmadinejad: Iran playing "smart economic war"

Bahrain is gearing up to hold a GCC summit which discuss closer economic ties and the Syrian conflict
December 24th, 2012 - 07:43 GMT

Bahrain set to hold GCC summit

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