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Economy and Policy

Economy and Policy latest

Valentine's Day
February 11th, 2026 - 12:25 GMT
Al Bawaba Staff

Al Bawaba Staff

The 'Valentine's economy' grows strongly, reaching $29 billion

ALBAWABA - This year, the spirit of love seems to have transcended mere sentiment, strongly impacting consumer spending. Estimates indicate that Americans are poised to inject approximately $29.1 billion into the market to celebrate Valentine's Day, a figure among the highest in the holiday's history, according to the National Retail Federation. According to a report published by TalkBusiness, 65 percent of American households plan to celebrate the occasion, with an ...
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The decline in UAE oil prices is expected to be taking a toll on consumer sentiment. (File Photo)
August 7th, 2016 - 02:00 GMT

Decreasing confidence in Middle East market

Mohammed Ali Rashed Lootah, CEO of CCCP
August 7th, 2016 - 05:01 GMT

DED launches ‘IP Gateway’ for faster response to complaints from trademark owners

BLOM bank in Beirut came under attack in June. (AFP/File)
August 4th, 2016 - 04:51 GMT

Lebanon: Financial analysts warn of long-term economic repercussions after BLOM Bank attack

The output sub-index continued to fall for a 10th month but at a slower rate, as it reached 48.8 points in July from 46 points in June. (AFP/File)
August 3rd, 2016 - 03:00 GMT

Non-oil sectors slow for 10th consecutive month in Egypt

This file photo shows The British Union flag (L) and the European Union (EU) flag flying side-by-side outside City Hall, the headquarters of the Greater London Authority, in central London. (AFP/File)
August 3rd, 2016 - 02:00 GMT

Brexit will not affect UK’s commitments to Jordan

Erdogan urged investors not to be concerned about Turkey's economy. (AFP/File)
August 3rd, 2016 - 08:00 GMT

Erdogan claims Turkish economy safe in state of emergency

Dubai Chamber of Commerce and Industry
August 2nd, 2016 - 11:22 GMT

Saudi Arabia largest importer of gold worth US$1.8 billion from the UAE in 2015

Different calendars can create confusion. (Shutterstock)
August 2nd, 2016 - 09:00 GMT

Saudi companies analyze switching between Gregorian, Hijri calendars

The $4 billion IMF loan is expected to ease some of Egypt's economic woes. (Shutterstock)
August 2nd, 2016 - 06:00 GMT

Egypt’s external debt to hit $53.4B with new IMF loan

Eng. Mahmood Al Bastaki, CEO of Dubai Trade
August 2nd, 2016 - 05:56 GMT

Dubai Trade and PCFC Security launch 24-hour online gate pass service

Franck Bousquet, World Bank director for regional programmes and partnerships in the Middle East and North Africa, said it is critical to begin to finance projects to support vulnerable populations in Jordan and Lebanon. (AFP/File)
July 31st, 2016 - 01:00 GMT

Donors pledge $340 million to Lebanon and Jordan for refugee crisis

About $155 billion worth of major projects were under execution in the UAE at the mid-point of 2016. (File photo)
July 31st, 2016 - 08:00 GMT

Brighter skies ahead for UAE

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