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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 construction sector topped the list with 26.7pc of the new licences.
September 29th, 2019 - 12:00 GMT

Number of Expatriate Workers in Bahrain Drop 11 Percent in Q2

The central bank has also provided about $8 billion for imports of medicine and essential goods
September 29th, 2019 - 11:30 GMT

CBI: Country’s Imports Over $19 Billion of Basic Goods in H1 2019

Turkey has pushed for the 20-mile (32 km) deep “safe zone” to be established along more than 400 km of its border with northeast Syria.
September 29th, 2019 - 11:00 GMT

Turkey Plans to Build Towns Worth $27 Billion in Syria ‘Safe Zone’

The new agreement will expand cooperation to wider spheres of trade and investments
September 29th, 2019 - 07:30 GMT

Jordan, Turkey Keen on Boosting Economic Relations

The rupee has gained 4 per cent against the UAE dirham in the last three months
September 29th, 2019 - 07:00 GMT

IMF: Pakistan’s Rupee More Stable Now

The value-added agriculture saw a hike of 14 percent in 2015 and a decline of 12.8 percent in 2016.
September 29th, 2019 - 06:00 GMT

Morocco's Economic Center Expects 4.6 Percent Growth in 2020

China is South Korea's largest trading partner.
September 26th, 2019 - 09:16 GMT

South Korea Inaugurates China Trade Offices

The economic slowdown is being felt across sectors including real estate, agriculture, automobile, manufacturing, and financial services.
September 26th, 2019 - 08:02 GMT

India's Economy Faces Further Deterioration

 Yi Li, Yu Hua Mao, Luqian Shen, Bin Xu and Yazhou Xu were placed on the Specially Designated Nationals (SDN) list.
September 26th, 2019 - 07:45 GMT

US Imposes Sanctions on Chinese Nationals, Entities Related to Iran

Though tax revenues went down last year, the government has no intention of imposing more taxes or increasing exiting ones.
September 26th, 2019 - 07:29 GMT

No New Taxes to Be Levied in Jordan

The government body had predicted that the declining trend would continue in the next months.
September 25th, 2019 - 01:00 GMT

Iran’s Economy on the Rise, Inflation in Decline Despite US Sanctions

Shale gas has had a major impact on energy prices around the world.
September 25th, 2019 - 12:30 GMT

The Impact of the Shale Gas Industry on the US

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