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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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EDL has written to the Finance Ministry that the allocation for fuel oil not be slashed from $1.8 billion to $2.2 billion.
June 26th, 2014 - 10:28 GMT

How is that even an option? Lebanon shuts down electricity power plant to limit losses

Sultan Qaboos, who has been ruling Oman since 1970, responded by suspending the rules based on his understanding of the needs of the public, ONA reported.
June 26th, 2014 - 09:57 GMT

The spirit of the Arab Spring lives on? Sultan Qaboos takes back decision to lift price caps due to public uproar

The government may resort to using the old budget for the current fiscal year until the budget for the upcoming fiscal year, which begins on 1 July, is completed, according to a cabinet source.
June 26th, 2014 - 01:54 GMT

What an excuse! Egypt to keep old budget due to 'time constraints'

Al Bawaba
June 26th, 2014 - 11:35 GMT

DED hails assessors and jury as Business Excellence Awards complete two decades

 According to the figures, 16% of Israelis (822,000 people) ate less for economic reasons during the past year
June 26th, 2014 - 11:10 GMT

Time for an 'Israeli Spring'? 40% of Israelis say that they can't make ends meet

Al Bawaba
June 26th, 2014 - 11:07 GMT

Dubai Chamber honours SME exporters of the month

Al Bawaba
June 26th, 2014 - 07:09 GMT

Samsung partners with MBC Group to launch SHAHID application

Ahmed Mahboob Musabih, Director, Dubai Customs
June 26th, 2014 - 05:46 GMT

Dubai Customs to dig 30 wells around the world during Ramadan

Al Bawaba
June 26th, 2014 - 12:14 GMT

Oman cares: Oman sets aside $3.38 billion just for healthcare

“Funds are hidden. Clauses are lumped together so that you vote on an item that is justified and then they slip it in,” he added.
June 25th, 2014 - 04:10 GMT

Wrong for so many moral and amoral reasons: why state spending on illegal settlements is even bothering Israelis themselves

Economic researcher at Stanford University Amro Adly said that the establishment of a fund to collect donations is a “populist measure” that falls short of an economic solution/
June 25th, 2014 - 10:50 GMT

Long live Egypt...on donations? Central Bank establishes 'Long Live Egypt' fund

Social Development Ministry Secretary General Omar Hamzah made the announcement on Tuesday during a visit by Prime Minister Abdullah Ensour to the ministry.
June 25th, 2014 - 10:30 GMT

Jordan to introduce Ramadan stipend for underprivileged families

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