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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
September 30th, 2014 - 06:23 GMT

Toshiba showcases its latest products during GITEX Shopper 2014

The project, which involves the extension of a 11-km road with five lanes on both sides, is expected to be completed by 2017,
September 30th, 2014 - 04:55 GMT

Massive plan: Qatar commences on $577 million road project

Al Bawaba
September 30th, 2014 - 03:55 GMT

Bayt.com: More than 70 per cent of Mideast professionals think that meetings are time well spent

The Kingdom of Saudi Arabia (KSA) could be heading for financial turmoil, potentially posting a deficit in 2015.
September 30th, 2014 - 03:55 GMT

Kingdom in debt, Kingdom in danger: Saudi Arabia's pending deficit raises frightening possibilities

The key driver of Mohamed Yousuf Naghi Motors’ solid performance in the first half of the year was the recently launched Rolls-Royce Wraith.
September 29th, 2014 - 04:33 GMT

A tad unsurprising? Saudi Arabia biggest Rolls Royce market in the Middle East

The UAE’s Ministry of Health has announced a price reduction for around 422 innovative and produced drugs, as part of its initiative to stem the surging cost of medicines in the country.
September 29th, 2014 - 11:54 GMT

No profiteering off illness: UAE slashes prices of 422 drugs

As per the deal, these companies will manufacture, supply and implement a feeder line project in the capital from the water tanks to three different locations within the city.
September 28th, 2014 - 06:09 GMT

Saudi Arabia keeps things local with selection of three companies to deliver $373 million water project

Al Bawaba
September 28th, 2014 - 07:57 GMT

PepsiCo-Jordan releases new energy drink ‘Sting’ in Jordanian Market

Al Bawaba
September 28th, 2014 - 05:07 GMT

Dubai Customs to showcase latest smart services and technological breakthroughs at GITEX 2014

Al Bawaba
September 28th, 2014 - 04:55 GMT

Eid came early? iPhone 6 makes it to Dubai, sells out on first day

 Already, almost 180,000 children between 6 months old and five years are being treated for severe acute malnutrition.
September 28th, 2014 - 03:55 GMT

'Dead aid': is there any hope left for South Sudan's economy?

Al Bawaba
September 25th, 2014 - 10:21 GMT

Why the ME's high net worth individuals should be investing in family businesses

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