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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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Privatization of assets such as Saudi Aramco would boost government finances in the medium term. (File photo)
January 20th, 2016 - 02:00 GMT

MENA sovereign ratings face negative outlook: S&P

Al Bawaba
January 20th, 2016 - 10:00 GMT

China's President Jinping visits Saudi: 14 agreements signed

Al Bawaba
January 20th, 2016 - 09:00 GMT

Davos discussions: MENA should consider oil slump as an opportunity

Saudi's finance ministry reported 2015 revenues at $162 billion, a 15 percent decline from budgeted revenues. (File photo)
January 20th, 2016 - 07:00 GMT

IMF downgrades growth forecast for Saudi Arabia

Al Bawaba
January 20th, 2016 - 05:14 GMT

Bahrain's budget deficit scuppers public sector pay rise plan

Al Bawaba
January 19th, 2016 - 02:30 GMT

World Economic Forum 2016 report: doom, gloom...and technology

Large-scale projects such as Port Sultan Qaboos Waterfront could open the market for foreign investors to gain a foothold in the Omani market. (Travel Muse)
January 19th, 2016 - 02:00 GMT

Oman's subsidy cuts have a silver lining

Champs-Elysées, the main commercial hub of Zaatari refugee camp, Jordan. (UNHCR)
January 19th, 2016 - 09:55 GMT

EU proposes trade benefits for Jordan in exchange for allowing restricted refugee employment

During the event
January 19th, 2016 - 07:28 GMT

Jafza, Dubai Police sign collaboration agreement

Al Bawaba
January 18th, 2016 - 02:30 GMT

Only fools rush in: Remaining sanctions, structural issues still hamper investment in Iran

Al Bawaba
January 17th, 2016 - 10:00 GMT

GCC insurance sector 'lags behind' other emerging markets: industry expert

Al Bawaba
January 17th, 2016 - 09:00 GMT

Unified VAT in GCC planned for 2018

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