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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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Al Bawaba
January 10th, 2016 - 09:00 GMT

Oman needs a $2.6B handout

The value of the Egyptian pound has recently declined significantly against foreign currencies. (Al Bawaba/File)
January 7th, 2016 - 04:54 GMT

Egypt looks to protect local industries with luxury imports ban

The decision is part of an escalating dispute between Iran and Saudi Arabia. (Al Bawaba/File)
January 7th, 2016 - 04:24 GMT

Amid intensifying feud, Iran bans all Saudi imports

Al Bawaba
January 7th, 2016 - 07:45 GMT

Tobacco smuggling drops in Lebanon following Regie Company crackdown

Al Bawaba
January 7th, 2016 - 07:18 GMT

Bahrain lawmakers push for Iran trade embargo

Al Bawaba
January 6th, 2016 - 10:39 GMT

Jordanian-Saudi Economic Forum to shine a spotlight on investment opportunities in Aqaba

H.E. Hamad Buamim, President and CEO, Dubai Chamber
January 5th, 2016 - 11:25 GMT

Dubai Chamber President and CEO appointed Deputy Chair of World Chambers Federation

Sultan Ahmed Bin Sulayem, Chairman of DP World
January 4th, 2016 - 05:59 GMT

Sultan Bin Sulayem: Dubai delivered unforgettable lessons of creativity, efficiency and good crisis management

Al Bawaba
January 4th, 2016 - 05:44 GMT

Abu Dhabi raises water and electricity rates, but will residents curb consumption?

Ahmed Mahboob Musabih and Juma Al Ghaith in a group photo with the project team
January 3rd, 2016 - 10:10 GMT

Dubai Customs is successfully rated with the Capability Maturity Model Integration level 3 from the CMMI Institute

The new system seeks to provide one window through which exporters and importers can finalise all documentation procedures and reduce the timeframe of releasing products from ports (Image:File/Photo)
January 3rd, 2016 - 07:57 GMT

Egypt: Government targets 10% increase in exports

Unregistered seeds and fertilisers cannot be imported into the UAE (File photo)
January 3rd, 2016 - 06:41 GMT

Seed and fertiliser trade to be regulated in UAE

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