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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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Rolls said its restructuring plan would result in incremental costs of about £120 million ($192 million, 154 million euros) over the next two years.
November 6th, 2014 - 05:49 GMT

Not so fancy: Rolls Royce to fire 2,600 workers

Al Bawaba
November 6th, 2014 - 05:10 GMT

Post-fatal clash second thoughts: Abu Dhabi Fund holds off decision on commercial flight to space

French Foreign Minister Laurent Fabius had hailed the conclusion of the deal as a major boost to the Lebanese army's ability to tackle "terrorism".
November 6th, 2014 - 04:26 GMT

Christmas treats? France to deliver Saudi-purchased weapons to Lebanon early 2015

Al Bawaba
November 6th, 2014 - 08:16 GMT

Jotun showcases advanced portfolio of protective coatings at ADIPEC 2014

The reality is that women working from home can be more productive in some tasks such as accounting, scheduling and responding to customers’ inquiries.
November 6th, 2014 - 04:55 GMT

At least it's not in the kitchen: 77% of Saudis want home employment for women

France’s five million Muslims (the largest population in Europe) have been hit with food scandals — in 2011, “Halal” sausages were discovered to contain pork.
November 5th, 2014 - 07:58 GMT

Sniffing pork: French start-up introduces instantaneous halal-testing device

Officials are optimistic that Made in Makkah products will be available for sale over the next 12 months.
November 5th, 2014 - 07:44 GMT

How about sticking to religious? Saudi Arabia wants to turn into Mecca into 'manufacturing hub'

About 20,000 civil servants in the Gaza Strip went on strike Tuesday to protest the Palestinian unity government's refusal to pay military and security employees of Hamas.
November 5th, 2014 - 04:55 GMT

Long overdue wages: Gaza's civil servants go on strike

Between 2004 and 2013, the volume of trade increased by 21%, edging up from $41m to $165m.
November 5th, 2014 - 04:55 GMT

What dam debacle? Egypt, Ethiopia sign five economic agreements

UAE firms saw output growth accelerate to an all-time high, with the subindex coming in at 66.1, up from 63.2 in September.
November 4th, 2014 - 02:05 GMT

Happy National Day, indeed! UAE business activity at all-time high


Gold failed to find support from the physical markets in top consuming region Asia.
November 4th, 2014 - 01:37 GMT

Gold and silver lose their shine, near four-year low

Al Bawaba
November 4th, 2014 - 10:03 GMT

Samsung announces the World’s 1st Printer powered by Android

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