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BUSINESS

BUSINESS 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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Hamad Buamim, President and CEO of Dubai Chamber
May 21st, 2018 - 08:51 GMT

Mohammed Bin Rashid Al Maktoum Business Awards See Sharp Increase in UAE and GCC Applicants

Marwan Boodai, Jazeera Airways Chairman
May 21st, 2018 - 08:38 GMT

Jazeera Airways Announces Start of Flights From New Dedicated Terminal on May 22

Spending in the UAE has registered steady growth over the past four years, with a focus on the quality of life rather than on luxury or lifestyle. (Shutterstock)
May 21st, 2018 - 08:37 GMT

UAE Residents Spend Most of Their Income on This Category

Implementation of VAT in the Gulf region will continue to boost the demand for VAT experienced professionals. (Shutterstock)
May 21st, 2018 - 08:33 GMT

Jobs in UAE: These Professionals Are in High Demand in 2018

The ‘Zayed Ramadan Competition’ is now in its eighth annual edition and this year’s challenge is designed for children to express their support and love of the ‘Sheikh Zayed’ initiative.
May 21st, 2018 - 08:28 GMT

Wasl Properties Launches ‘Zayed Ramadan Competition’

A group of employees at Az-Zour North One Power and Water Plant.
May 21st, 2018 - 08:14 GMT

Shamal Az-Zour Al-Oula Logs One Million Manhours Without a Lost Time Accident

Graham Nichols, Managing Director of Amadeus Gulf , Tariq Al Gurg, Chief Executive Officer at Dubai Cares
May 21st, 2018 - 08:05 GMT

Amadeus Gulf Partners With Dubai Cares in Support of Providing Access to Quality Education in Senegal

Geopolitical shocks have been a recurrent theme in the international oil market. (Shutterstock)
May 21st, 2018 - 07:52 GMT

Is the Oil Market About to Endure a Rough Ride?

The Kona takes these premium values into the sub-compact B-segment, optimized as part of a sporty and active urban lifestyle.
May 21st, 2018 - 07:48 GMT

Hyundai Ready to Write Next Chapter in Its SUV Success Story

The Haramain high-speed rail link is among the Saudi infrastructure projects catching the attention of international investors. (AN)
May 21st, 2018 - 07:44 GMT

Could Saudi Arabia Become the China of the Middle East?

Because Bitcoin is decentralized, there’s no way to know exactly how much power it uses. (Shutterstock)
May 21st, 2018 - 07:38 GMT

Bitcoin’s Massive Power Usage Explained in New Analysis

Investors can have 100 per cent ownership of their companies in the country. (Twitter)
May 21st, 2018 - 07:34 GMT

UAE Allows 100 Percent foreign Ownership of Businesses

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