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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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Trade between the UAE and China has seen constant growth in the past years. (Image credit: ciee.org)
December 23rd, 2013 - 09:26 GMT

China to increase footprint in UAE

Affordable housing is a large and untapped segment. (Image credit: Shutterstock)
December 23rd, 2013 - 08:28 GMT

Arabtec moves into the affordable housing market

Qatar is in the midst of an infrastructure boom. (Image credit: Shutterstock)
December 23rd, 2013 - 07:58 GMT

Qatar to award $200 billion of infrastructure projects in the next fifteen years

Bader Alamoudi has been named chief executive of JP Morgan’s Saudi Arabian business, the statement said.
December 23rd, 2013 - 03:55 GMT

JP Morgan Saudi Arabia promotes two new top bankers


"We encourage citizens to take part in this investment and also to await other opportunities in the pipeline," he said.
December 23rd, 2013 - 03:55 GMT

Qatar to place $13.7 billion worth of public offerings on the table over the next 10 years

The offer is likely to attract solid demand, considering the strong performance of the Qatar market.
December 22nd, 2013 - 05:58 GMT

4 years later, Qatar Petroleum to release first IPO since financial crisis

Plaza Premium Lounge Management Limited (PPLML) will oversee the renovation, management and operation of Abu Dhabi's airport lounges (Courtesy of The Moodie Report)
December 22nd, 2013 - 01:05 GMT

And you thought a flight delay was bad news: Abu Dhabi airport lounges to get luxury facelift

Etihad may invest as much as $410 million (300 million euros) to ensure that the struggling Italian airline remains operational (Getty Images)
December 22nd, 2013 - 12:42 GMT

UAE airline may just have the ticket to keep Italy's Alitalia flying high

Morocco has been planning and designing the Zenata Eco-City for over a year (Courtesy of the French Agency for Development-AFD)
December 22nd, 2013 - 12:17 GMT

UAE building new city...in Morocco?! Joint venture signed for mega retail, leisure destination

Confidence has returned to Dubai’s marketplace. (Image credit: Shutterstock)
December 22nd, 2013 - 08:01 GMT

Survey: Dubai's office rents now nearly as much as New York

The sheer volume of consumer loans is a real cause for concern because it indicates the absence of logic on the part of borrowers.
December 22nd, 2013 - 03:55 GMT

Saudi Arabia's consumer loans hit 'worrying' levels

There can be no increase if the existing rent is only 10 per cent lower than the average that a similar property commands within a neighbourhood.
December 22nd, 2013 - 12:03 GMT

Taming the monster: Dubai issues new regulations on rental increases

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