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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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Last week the World Bank announced a $1.2bn programme to support economic and political reform in Tunisia after the adoption in January of a new constitution.
March 5th, 2014 - 03:55 GMT

Ready to borrow more than a billion: Tunisia's PM says economic woos could become "catastrophic"

Al Bawaba
March 5th, 2014 - 03:00 GMT

Medicine in Malaysia: What's the UAE got to do with it?

Al Bawaba
March 5th, 2014 - 01:48 GMT

The future has arrived: UAE leading the way with new boat invention!

Al Bawaba
March 5th, 2014 - 09:55 GMT

Mixing leisure and business: 11 million guests check in at Dubai hotels in 2013

Al Bawaba
March 5th, 2014 - 08:16 GMT

High dividends boosting interest in Lebanese banks’ shares

Al Bawaba
March 5th, 2014 - 03:55 GMT

Egyptian minister heads to world's largest tourism convention in attempt to win back tourists

The developer, which gave away yachts and sports cars to buyers of its luxury properties during the downturn, said it booked sales worth $2.5 billion in 2013, compared with only $661 million the previous year.
March 5th, 2014 - 03:55 GMT

Too good to not be a bubble? Dubai's DAMAC real estate developer triples profits in 2013

But in the business world, women are gradually coming to enjoy greater opportunities, partly because of heavy government spending on women’s education including state-funded scholarships to foreign universities.
March 4th, 2014 - 09:13 GMT

The beginning of many more to come, nshallah: First female investment bank CEO named in Saudi Arabia

Egypt's foreign reserves decreased between August 2013 and January of this year (File Archive)
March 4th, 2014 - 04:57 GMT

Egypt's foreign reserves increase for second consecutive month

US billionaire Bill Gates reclaimed his top spot on the list after a four-year hiatus with a net worth of $76 billion, adding $9 billion to his wealth last year.
March 4th, 2014 - 03:16 GMT

You probably know the first, but here are Forbes' revelations on the Arab world's top ten billionaires!

Abu Dhabi will use SCOOT, a traffic system used in more than 120 major cities worldwide to manage transportation flows in the city (File Archive/Shutterstock)
March 4th, 2014 - 02:37 GMT

Abu Dhabi commences $9 billion traffic system project

Inflation is set to rise in all countries in the GCC except for Bahrain who is bucking the trend (File Archive/Shutterstock)
March 4th, 2014 - 02:17 GMT

Moody's: Only one GCC country is not projected to see a rise in inflation this year

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