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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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Saudi Arabian Airlines signed an agreement with Boeing that will allow the two aviation companies to collaborate on defense and commercial air initiatives in the future (File Archive)
February 9th, 2014 - 01:00 GMT

No missed connection here: Saudia-Boeing sign partnership deal for defense, commercial aviation

Al Bawaba
February 9th, 2014 - 01:00 GMT

Money to be made on Saudi mortgages? How KSA's new law is planned to boost markets

UAE companies’ foray into international markets is in fact following international trends
February 9th, 2014 - 10:55 GMT

UAE companies looking to expand internationally

Saudi Arabia has invested more than $8 billion in Turkey's economy (File Archive)
February 9th, 2014 - 10:22 GMT

Despite Turkey's spiralling economy, KSA is still investing "big" in Ankara--$8 billion "big"!

2014 to be expected another positive year for real estate sector in the UAE, Dubai in particular
February 9th, 2014 - 09:41 GMT

Apparently it's not just about luxury residences, but office space demand in Dubai is also booming!

Bahrain and Jordan are the only two countries that have fully liberalised their telecom sectors according to World Bank standards (File Archive)
February 9th, 2014 - 09:40 GMT

Guess who! Only two MENA countries have answered the call to liberalise their telecom sectors

It said that last year, GDP in Palestine grew by 1.5 percent.
February 9th, 2014 - 03:55 GMT

Emotional blackmail? IMF says peace talks are crucial for Palestine's economy

This marks the first rise in foreign reserves since last August.
February 9th, 2014 - 03:55 GMT

Who needs Qatar now? Egypt's reserves up for first time in six months

China's military expenditure had increased by some 40 percent since 2010, raising it to an estimated $112 billion.
February 6th, 2014 - 06:39 GMT

Is a Middle Eastern arms race in the cards? Saudi Arabia surpasses the UK as world's fourth biggest military spender

The statistics showed that more than 2 million tourists visited South Sinai and the Red Sea during the first quarter of 2013.
February 6th, 2014 - 04:57 GMT

Inshallah! Egypt's tourism industry regaining momentum

The action plan includes projections for growing demand on electricity
February 6th, 2014 - 01:55 GMT

UAE to draft new energy policy

Jordan’s oil imports from Iraq represent around 10 per cent of the Kingdom’s daily needs
February 6th, 2014 - 12:55 GMT

More trouble for the energy-drained Kingdom: Iraqi oil exports to Jordan halted

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