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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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Oman won't change foreign exchange rates it's had in place since 1986. (AFP)
February 3rd, 2016 - 01:30 GMT

Oman won't let its economy get knocked down a peg

Forecasters predict cheap oil prices will lead to economic turmoil in Saudi Arabia in 2016. (AFP)
February 3rd, 2016 - 11:30 GMT

Economic tanks running low for Saudi Arabia

The study found that the majority of Jordanians believe in the saying: “Spend and God will send.” (Shutterstock)
February 2nd, 2016 - 02:48 GMT

Jordan, a nation of overspenders: study

A Palestinian holds a placard as part of a protest during which they try to set up a tent on 8 June, 2013 near the Jewish settlement of Bat Ayin and the West Bank village of Surif, west of Hebron. (AFP/File)
February 2nd, 2016 - 11:00 GMT

BDS protesters campaign against Israel-Jordan gas deal

Al Bawaba
February 1st, 2016 - 07:18 GMT

Unhealthy future? GCC home-care market sees massive growth in demand

Items such as household appliances, food, plastics, and clothing will be affected by the new customs tax increase. (Wikimedia Commons)
January 31st, 2016 - 01:11 GMT

Egypt's tax on imports set to rise up to 40 percent

Al Bawaba
January 31st, 2016 - 06:46 GMT

Bahrain requires sizable fiscal adjustment: IMF

Al Bawaba
January 28th, 2016 - 09:30 GMT

Open sesame: Oman mulls 100 percent foreign ownership of investments

Al Bawaba
January 27th, 2016 - 02:00 GMT

The knell to sell: Bahrain MPs call for privatization of top state firms

Al Bawaba
January 27th, 2016 - 12:00 GMT

Oman to amend laws to entice foreign investment

Al Bawaba
January 27th, 2016 - 09:00 GMT

Early to bed? Saudi Arabia mulls 9pm shop closure, 40 hour work week

The initiative features four main approaches, six objectives, 15 programmes and 93 initiatives. (Shutterstock)
January 27th, 2016 - 08:00 GMT

Dubai's Health Strategy 2021: Medical tourism and a gold standard in health

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