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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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Based on an oil price, Kuwait could generate a budget surplus of around KD12 billion ($31.65 billion) in 2013/14 fiscal year
February 13th, 2014 - 07:55 GMT

How Kuwait's massive spending is slowly destroying its budget plans

The pharmaceutical industry is expected to experience sustainable growth in the medium to long term. Saudi Arabia is expected to maintain its position as the largest pharmaceutical market within the Gulf in the foreseeable future.
February 13th, 2014 - 03:55 GMT

An unhealthy industry: MENA pharmaceuticals industry at critical juncture

The waste and underutilisation of female human capital and capacity is a major drag on the performance and growth prospects of Arab economies.
February 12th, 2014 - 05:22 GMT

'The real Arab Spring is about women and economic development'- says Dr. Nasser Saidi

The suspension of western economic aid to Egypt, which is relatively small compared to the financial assistance that Gulf countries provide, will lead the country to turn to the East, reducing Western influence,
February 12th, 2014 - 05:02 GMT

No catching up to the Gulf! The catch 22 facing Western donors to Egypt

Lebanon has been victim to increasing car bomb attacks as sectarian tensions rise in part due to the overspill effect from the war in neighboring Syria (File Archive/AFP)
February 12th, 2014 - 08:27 GMT

The Cost Beyond the Numbers: Introducing Car Bomb Economics

Al Bawaba
February 12th, 2014 - 08:14 GMT

Jotun’s ‘Urban Casual’ colour theme adds a strong creative flair to interiors

There is a discrepancy between the reliefs implemented by the US and by the EU regarding insurance of crude oil transportation.
February 11th, 2014 - 10:09 GMT

Finally! US takes extra measures to clarify its position on Iranian sanctions once and for all

In Egypt, The number of people living below the poverty line increased to 26.3% of the population in 2012/2013 compared to 25.2% in 2010/2011.
February 11th, 2014 - 09:48 GMT

World Bank reveals ME's seven most vulnerable economies, and Egypt takes the lead

Al Bawaba
February 11th, 2014 - 02:22 GMT

Why Dubai wants to go "Driverless" with new no-man cars

Al Bawaba
February 11th, 2014 - 10:01 GMT

Dubai Chamber meeting focuses on unified sales agreement for electronic items

Al Bawaba
February 11th, 2014 - 08:56 GMT

Epson unveils innovative 3D home cinema projectors in Middle East

Kuwait reported a surplus of 50 billion dollars (14.3 billion dinars) in the first nine months of the fiscal year ending March 31
February 11th, 2014 - 08:31 GMT

Kuwait has a formidable task lying ahead: convincing its citizens that it shouldn't spend $40,000 a year on them

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