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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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Roads were reportedly blocked in the Lebanese capital as part of the protest.
April 18th, 2019 - 10:09 GMT

Public Sector Employees Go on Strike in Lebanon, Protesting Possible Wage Cuts

The trade deficit tumbled 3.4 percent to $49.4 billion in February.
April 18th, 2019 - 08:37 GMT

US Trade Deficit Hits 8-Month Low Amid China's Imports Plunge

Saudi Arabia reopened a consulate in Baghdad which had been closed for 30 years. 
April 18th, 2019 - 08:00 GMT

Saudi Arabia, Iraq Sign 13 Agreements Covering Vital Fields

Lebanese truly believe that is a basic right of every tax-paying citizen to have a functioning government in place.
April 18th, 2019 - 07:41 GMT

Consumer Confidence Remains Low in Lebanon Despite Government Formation

In the GCC region, the non-oil sector in the GCC is expected to be the primary engine of growth in 2019.
April 18th, 2019 - 06:43 GMT

UAE's Real Estate Sector to Remain Weak Despite GDP Growth

During the event
April 17th, 2019 - 11:28 GMT

DED Hosts Workshop for Retailers and Suppliers to Ensure Preparedness for Ramadan

Binance Coin is currently the seventh-biggest cryptocurrency by market cap.
April 17th, 2019 - 07:39 GMT

Visa, Coinbase to Launch Cryptocurrency Card

Kuwait’s population rose 2.7 percent y/y in 2018 (end-year) to reach 4.6 million.
April 17th, 2019 - 07:33 GMT

Report: Kuwait’s Population Growth Declines Due to Kuwaitization Efforts

Jordan is keen on enhancing cooperation with the UAE.
April 17th, 2019 - 07:19 GMT

Jordan Works Closely With UAE to Enhance Government's Performance, Public Services

The contribution from the oil sector to growth will again weaken in 2019.
April 17th, 2019 - 07:13 GMT

Saudi Arabia's Economy to Continue to Grow Despite Minimal Growth in Oil Sector

The current real estate scene in Dubai is optimistic for prospective buyers.
April 17th, 2019 - 06:53 GMT

Real Estate Investors Return to Dubai as Prices Continue to Fall

The total GDP increased from 34.1 per cent in 2017 to 40.4 per cent in 2018.
April 17th, 2019 - 06:44 GMT

Abu Dhabi's GDP Exceeds $253 Billion in 2018

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