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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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“We should not favour Emiratis over qualified foreign journalists,” said Sheikh Sultan bin Ahmed Al Qassimi, chairman of Sharjah Media Corporation.
December 20th, 2013 - 09:29 GMT

UAE plans to Emiratize the media

Al Bawaba
December 20th, 2013 - 09:03 GMT

The slavery episodes continue: Qatari workers facing a "severe food shortage"

Fitch ranked Saudi Arabia, UAE and Kuwait as the most stable banking environments in the GCC (Courtesy of The Telegraph)
December 19th, 2013 - 12:05 GMT

Fitch on GCC banks: bright outlook for 2014

Kuwait's crude oil sales could generate a budget surplus for the Gulf country estimated at $42.4 billion (File Archive/Shutterstock)
December 19th, 2013 - 10:57 GMT

Need an extra $42.4 billion? For this Gulf country, this surplus is a real possibility in 2014

Many individuals have reported purchasing zero balance calling cards within the past few weeks (Courtesy of Dubai Chronicle)
December 19th, 2013 - 10:45 GMT

Etisalat "losing credit" among UAE customers with zero balance calling cards

Turkey held the first ever Syrian Economic Forum this week in Gaziantep (Courtesy of Al Arabiya)
December 19th, 2013 - 10:31 GMT

First Syrian Economic Forum closes in Turkey

4D movies add further depth to the movie experience. (Image credit: Shutterstock)
December 19th, 2013 - 08:20 GMT

Smell the dinosaur! UAE cinemas to show 4D movies.

Working hours in Saudi Arabia have been reduced from 45 hours/week to 40 hours/week. (Image credit: Shutterstock)
December 19th, 2013 - 06:26 GMT

Finally - A five day work week in Saudi Arabia

Al-Bahar particularly emphasized on Dabdoub’s role in leading NBK in two major crises that faced the bank during his career; the stock market crash in 1982 and the Iraqi occupation in 1990. NBK
December 19th, 2013 - 03:55 GMT

53 years later, Palestinian banking legend Ibrahim Dabdoub to retire from CEO post at National Bank of Kuwait

Rising Saudi energy demand is a bigger threat to Saudi Arabia than surging US shale output, Jadwa Investment bank says in a study published on Wednesday.
December 19th, 2013 - 03:55 GMT

It's not the shale boom that's endangering the Saudi oil industry- it's something worse

"A swift implementation of the voluntary measures by all sides is now key," the EU ministers' statement said.
December 18th, 2013 - 05:15 GMT

EU ready to scratch Iran sanctions "as soon as possible"

The UJ president told The Jordan Times that the bank account number for donations will be announced on Wednesday.
December 18th, 2013 - 12:07 GMT

Cold-hearted snowstorm causes $7 million worth of damages to the University of Jordan

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