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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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Analyst expect the GCC sovereigns to seek to raise at least $15 billion in the international market next year. (File photo)
December 21st, 2015 - 06:06 GMT

Bridging the gap: GCC needs $265B to cover 2016 deficit

Al Habtoor once spoke in support of Trump as a 'breath of fresh air' among presidential candidates. (Twitter)
December 20th, 2015 - 08:19 GMT

Hit him where it hurts: Al Habtoor urges Arab investors to ditch Trump

The Kimberley Process was established in 2003 to stop the trade in diamonds from conflict-strewn countries. (Twitter)
December 20th, 2015 - 07:06 GMT

UAE to chair the Kimberley Process, 'blood diamond' regulatory group

Al Bawaba
December 17th, 2015 - 10:59 GMT

WTO cuts first major deal on eliminating tariffs on IT products

Saudi King Salman bin Abdulaziz met with Egyptian President Abdel Fattah al-Sisi during his visit to Riyadh, on March 1, 2015. (AFP/File)
December 17th, 2015 - 09:31 GMT

Saudi Arabia pledges $8B in aid and investment to Egypt

Al Bawaba
December 16th, 2015 - 11:07 GMT

GCC implements new electronic system for customs duties

Al Bawaba
December 16th, 2015 - 10:20 GMT

Egyptian banks offer support to struggling tourism sector

Al Bawaba
December 16th, 2015 - 09:40 GMT

Tax rates, compliance demands in the Middle East among world's lowest as usual: report

Another Saudi consolate is expected to open in Erbil, according to reports. (Zawya)
December 16th, 2015 - 11:00 GMT

Saudi Arabia resumes diplomatic relations in Iraq after 25 years

Al Bawaba
December 16th, 2015 - 10:00 GMT

Cash-strapped Egypt gets a $500M loan from the African Development Bank

Jafza Team at the seminar
December 16th, 2015 - 08:14 GMT

Jafza reports 10% growth in the number of Indian Companies

Doha's spiral mosque, located in the Qatar Islamic Culture Center. (Shutterstock/monotoomono)
December 15th, 2015 - 05:18 GMT

State of the Arab World Economy report 2016: Diversify, tax, slash subsidies

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