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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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Moody's downgraded Lebanon's rating to Caa1 in January.
September 12th, 2019 - 06:30 GMT

Lebanon Draft 2020 Budget Deficit Lower Than 2019’s

During the event
September 11th, 2019 - 11:44 GMT

Dubai FDI Holds Strategic Seminar With Senior Investors During Its Investment Mission to Houston

Khalid Humaidan, Chief Executive, Bahrain EDB
September 11th, 2019 - 10:56 GMT

Bahrain EDB Appoints Khalid Humaidan as New Chief Executive

Analysts say the European Central Bank fears to make any policy change even though their policies haven’t worked, as a global recession is expected soon.
September 11th, 2019 - 10:07 GMT

Negligible Eurozone Growth Poses as Biggest Threat to Global Economy

George Soros, Founder and Chairman of the Open Society Foundation gives a speech during Economic Forum in Brussels, Belgium on June 1, 2017.
September 11th, 2019 - 07:45 GMT

Soros: Trump Might Be Putting His Own Electoral Future Ahead of U.S. National Interests

Egypt is approaching the end of an IMF-backed economic reform program that during 2017 saw inflation rise to a high of 33%.
September 11th, 2019 - 06:47 GMT

Egypt's Inflation Rate Plummets to 7.5 Percent, Lowest in Years

The report pointed out that the structural reforms undertaken by the government.
September 11th, 2019 - 06:24 GMT

IMF Projects 2.9 Percent Non-Oil Growth in Saudi Arabia

The Sultanate’s status as a logistics hotspot and the steady growth of Duqm’s Special Economic Zone was the focus of several meetings in Yinchuan.
September 10th, 2019 - 10:48 GMT

Oman to Boost Investment Ties With China

The Saudi Arabian IPO market has seen limited activity in the last few years, however in H1, the country experienced IPOs worth $752 million spread across three offerings, its highest value since 2015.
September 10th, 2019 - 10:40 GMT

Saudi Arabia M&A Soars to $72.6 Billion in H1 2019

From the workshop held
September 10th, 2019 - 10:15 GMT

Community Development Authority & Dubai Statistics Center Launch Dubai’s Sixth Social Survey

Ma, one of China's wealthiest and best-known entrepreneurs, gave up his post on his 55th birthday as part of a succession announced a year ago.
September 10th, 2019 - 10:05 GMT

Alibaba's Chairman Steps Down as Industry Faces Uncertainty

Federal Tax Authority
September 10th, 2019 - 09:54 GMT

Federal Tax Authority Reaffirms: ‘Refunding Tax for Eligible Applicants a Direct Transaction Between Registrants and the FTA’

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