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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
December 30th, 2015 - 11:58 GMT

Egypt to receive $500M loan disbursement from African Development Bank 'if not today then tomorrow'

Al Bawaba
December 30th, 2015 - 01:00 GMT

GCC fuel subsidies: will they go down like dominoes?

Al Bawaba
December 30th, 2015 - 08:00 GMT

Super savers: Expats sent more than $19B home from the UAE in 2015

Al Bawaba
December 30th, 2015 - 06:56 GMT

Lebanon's economy will feel the GCC's pain

Al Bawaba
December 29th, 2015 - 05:03 GMT

Jordan to issue regulations for VoIP services

Al Bawaba
December 29th, 2015 - 01:00 GMT

Fuel up, subsidies to be slashed: Saudi braces for cost-cutting reforms

Part of the Arab Fund loan will be allocated to improve the infrastructure and tourist facilities around Petra. (File photo)
December 29th, 2015 - 12:00 GMT

Jordan gets $71M loan from Arab Fund for Petra, SMEs, weather forecasting infrastructure

Next year's revenues are forecast at $137B. (File photo)
December 28th, 2015 - 05:52 GMT

Saudi announces $224B budget for 2016

Al Bawaba
December 28th, 2015 - 09:39 GMT

Dubai's zero-deficit, 2016 budget targets social development and infrastructure

Al Bawaba
December 28th, 2015 - 08:15 GMT

Egyptian exports get a boost with $500M African Export-Import Bank agreement

Al Bawaba
December 28th, 2015 - 07:06 GMT

How has the GCC reacted to the US Fed rate hike?

H.E. Ahmed Mahboob Musabih, Director of Dubai Customs
December 27th, 2015 - 04:40 GMT

Dubai Customs reports 6.6 million transactions processed through Q3 2015

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