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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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A majority of the 3,189 suicides committed last year in Turkey were by men, who accounted for 72.7 percent, while women accounted for the remaining 27.3 percent.
July 8th, 2014 - 12:01 GMT

Financial troubles cited as reason for suicide in Turkey

Another reason for the slowdown may be that households balance sheets are stretched after a surge in consumer borrowing over the past few years.
July 7th, 2014 - 11:42 GMT

Bad decisions always bite: labor crackdown, consumer borrowing suggested as potential reasons for Saudi Arabia's slowed economic growth

Al Bawaba
July 7th, 2014 - 11:10 GMT

Dubai Customs demonstrates to private-sector partners the benefits and mechanisms of the Virtual Corridor project

Al Bawaba
July 7th, 2014 - 01:13 GMT

What is Al-Sisi's true economic orientation?

Al Bawaba
July 6th, 2014 - 09:56 GMT

How French companies literally can't get enough of the Iranian market

Al Bawaba
July 6th, 2014 - 09:45 GMT

Manoeuvring the post-sanctions market: Iran's car output jumps 60%

Al Bawaba
July 6th, 2014 - 06:51 GMT

With 903 dead in six months, Turkey's job safety, or lack thereof, comes under fire again

Al Bawaba
July 6th, 2014 - 05:16 GMT

Jafza brings together employees for better interpersonal communication

Al Bawaba
July 6th, 2014 - 04:54 GMT

Samsonite spreads footprint across Riyadh; unveils 2 new stores

Many citizens have objected to the price increase, which was approved by the government yesterday.
July 6th, 2014 - 03:55 GMT

Fuel prices to increase 70%: Egypt slashes subsides overnight amidst public outcry

“EDL will limit the network’s productive capabilities to a fixed amount of 1,550 Megawatts from July 1 to Sept. 10," the statement said. “We call on citizens to understand need to achieve balance between the need for electricity production and the sensitive situation of the public budget,” the EDL said.
July 6th, 2014 - 02:55 GMT

From bad to worse: Lebanon determines 13 hours of electricity a day

The spending figure of 23.21 billion dinars is 10.5 percent higher than estimates in the past fiscal year of 21 billion dinars.
July 4th, 2014 - 02:28 GMT

Will it get away with it this time? Kuwait passes excessively high budget, projects deficit

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