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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 4th, 2015 - 10:38 GMT

Promises vs. reality: What did Sisi do for Egypt's economy in 2014?

Al Bawaba
January 4th, 2015 - 09:43 GMT

Canon supports aspiring young photographers in Kenya with professional community workshops

His Excellency Ahmed Mahboob Musabih, Director of Dubai Customs
January 4th, 2015 - 06:47 GMT

Dubai Customs eliminates customs duties applicable to Singaporean products starting early 2015

"We have reached the danger point... after starting to withdraw from the reserves," to meet the budget shortfall, Alwaleed said in a letter addressed to the finance minister.
January 4th, 2015 - 04:55 GMT

Economy drama: Al-Walid Bin Talal lashes out at his country for 'largest deficit ever'

Al Bawaba
January 4th, 2015 - 04:55 GMT

Bombing Gaza hasn't really helped either: Israel 2014 per capita growth below OECD average

Meanwhile, Qatar was the only GCC country where prices for food and beverages decreased in October 2014 by 0.6 percent,  compared to October 2013.
December 31st, 2014 - 05:56 GMT

Why the UAE is recording the highest inflation rate among its GCC counterparts

They are more likely to be concerned about taking on too much debt, worry endlessly about balancing their daily expenses, and likely to put off buying property.
December 31st, 2014 - 05:37 GMT

The tough realities the Gulf's millennials are grappling with

Last year, a former Israeli electric company director was sentenced to six years imprisonment as part of the affair.
December 31st, 2014 - 04:55 GMT

Israel arrests 6 in Siemens worldwide bribery scandal

H.E. Ahmed Mahboob Musabih, Director of Dubai Customs
December 31st, 2014 - 04:40 GMT

Dubai Customs releases its corporate Sustainability Report 2013

Al Bawaba
December 30th, 2014 - 12:38 GMT

Tennis legend Pat Cash to Launch New Year Eve Countdown on Al Maryah Island

Al Bawaba
December 30th, 2014 - 10:51 GMT

LG and Mercedes-Benz collaborate on intelligent camera system for automated driving

Al Bawaba
December 30th, 2014 - 10:14 GMT

Swiss watchmaker ‘Seculus’ launches a stunning collection

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