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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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Lebanon is host to about 1.1 million Syrians registered with UNHCR who have arrived since the onset of the country’s civil war in 2011. (Wikimedia Commons)
February 9th, 2016 - 02:00 GMT

Lebanon: US has pledged over $100M in assistance

A spokesman for the Iraqi embassy in the US denied that Baghdad has ever withheld US military aid to the Peshmerga. (File photo)
February 9th, 2016 - 11:00 GMT

Peshmerga need $300M monthly for Daesh fight as salaries remain unpaid

H.E. Hamad Buamim, President and CEO, Dubai Chamber
February 9th, 2016 - 09:38 GMT

Dubai Chamber releases the Dubai Innovation Index Report

A new 'Minister of State for Happiness' will have the  mission to channel policies and plans to achieve a happier society. (Dubai Media Office)
February 9th, 2016 - 09:00 GMT

UAE government shakeup paves way for private sector

GCC Secretary-General Dr. Abdullatif Al Zayani speaking at the World Government Summit in Dubai. (EAY)
February 9th, 2016 - 05:02 GMT

World Government Summit: Five key challenges for the Arab world

Saudi is encouraging FDI in order to balance its $98B budget deficit. (File photo)
February 8th, 2016 - 02:00 GMT

Saudi considers lifting local partnership barriers for FDI

Barack Obama has sent a video of congratulations to the UAE as it hosts the three-day event, during which Sheikh Mohammed is expected to announce major structural changes in the government. (Image courtesy of Trade Arabia)
February 8th, 2016 - 11:04 GMT

World Government Summit kicks off in Dubai

Sultan Taymoor Grand Mosque in Muscat. (Twitter)
February 8th, 2016 - 11:00 GMT

Oman lost $14B due to oil price dive in 2015

Will Lebanon's consumers have to bear the burdens of failed policies? (File photo)
February 8th, 2016 - 09:00 GMT

Gas tax fuels debate in Lebanon

The French shipment in December was rejected for containing high levels of ergot fungus. (Pixabay)
February 8th, 2016 - 06:00 GMT

Egypt's ministers reassure wheat suppliers after rejection of French shipment

Environmentalists want Jordan's lawmakers to understand the link between economics and the environment. (Wikimapia)
February 8th, 2016 - 05:19 GMT

Jordan's lawmakers not keen on green: conservationists

Al-Sisi met with Russia's minister of industry and trade to discuss strengthening economic cooperation between the two countries. (AFP/File)
February 3rd, 2016 - 02:00 GMT

Warmer days ahead? Egypt-Russian agreements signal strengthening of economic ties

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