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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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After overcharging for natural gas over a four-year period, Iran has agreed to pay Turkey back, either in the form of cash or more natural gas supplies. (Shutterstock)
February 15th, 2016 - 06:00 GMT

Iran to pay Turkey in gas or cash from arbitration over prices

New market research shows UAE residents are spending more prudently and putting away extra cash. (Shutterstock)
February 15th, 2016 - 05:00 GMT

UAE consumers reign in shopping with recession sentiments on the rise

While global trade remains sluggish, emerging markets and stabilizing employment figures should boost growth. (File photo)
February 14th, 2016 - 01:00 GMT

Expert: 2016 hopeful for steady economic growth worldwide

Minister of Planning and International Cooperation Imad Fakhoury meets with representatives of the private sector in Amman. (Photo courtesy of Ministry of Planning and International Cooperation)
February 14th, 2016 - 12:00 GMT

Jordan set to review economic laws impacting private sector

Dubai Chamber
February 14th, 2016 - 10:51 GMT

Dubai Chamber starts extensive preparations for 5th Dubai-Hamburg Business Forum in Dubai

Indian Prime Minister Narendra Modi (R) shares a light moment with Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan at Hyderabad House in New Delhi on February 11, 2016. (AFP/Money Sharma)
February 14th, 2016 - 06:00 GMT

UAE, India boost ties with deals in cybersecurity, infrastructure, energy

During the event
February 14th, 2016 - 05:37 GMT

DP World announces intention to back potential infrastructure development in India and seeks opportunities worth over $1 Billion

In December, the ministry's recorded 189 drug in short supply but had available substitutes and 43 drugs in short supply with no substitute. (Twitter)
February 11th, 2016 - 11:45 GMT

Egypt's ailing economy has led to a medicine shortage

Civil Defense volunteers celebrating the decrees to make them full-time employees. (Image courtesy of The Daily Star)
February 11th, 2016 - 10:56 GMT

Lebanon: Cabinet issues civil defense employment decree, avoids fuel tax debate

Dubai custom stand at AccessAbilities Expo 2016
February 11th, 2016 - 09:40 GMT

Dubai Customs showcases its services for the disabled at AccessAbilities Expo 2016

Bahrain's Health Ministry hopes that the higher pirces will provide a financial incentive to quite smoking and alcohol. (File photo)
February 11th, 2016 - 06:45 GMT

Black market fears as Bahrain doubles duty on cigarettes and alcohol

PM Netanyahu and EU foreign policy chief Mogherini during their meeting in Jerusalem, May 20, 2015. (AFP/Dan Balilty)
February 10th, 2016 - 11:00 GMT

Settlement goods label row: will the EU grant Israel compensation?

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