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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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Workers in the Nile Delta city of Mahalla, with a long tradition of organised action, have led many strikes before and after the 25 January 2011 uprising.
February 11th, 2014 - 03:55 GMT

Hanging on a string: Egypt's largest textile factory on strike

The value of exported handmade carpets across the world reached $1.35 billion last year, out of which the value of Iranian carpets amounted to $427 million.
February 10th, 2014 - 10:43 GMT

Persian carpets to fly sanctions free from now on

At the end of January, official sources announced the UAE would contribute a further $1.8 billion in the form of fuel shipments.
February 10th, 2014 - 07:59 GMT

Egypt unveils third stimulus package, made possible by UAE aid

Two things are certain: the price of its occupation, colonization and repression is rising fast; and the scenario predicted by the finance minister can be avoided by granting the Palestinians their inalienable rights.
February 10th, 2014 - 05:12 GMT

Why BDS is no BS: could the global boycott campaign mean for Israel what it meant for South Africa?

Oman plans to invest $1.3 billion in fisheries development up to 2020 (Courtesy of the BBC)
February 10th, 2014 - 11:14 GMT

Riding the big wave: Saudi Arabia, Oman leading the Gulf's aquaculture industry

Average annual salaries in Egypt in the fiscal year 2012/13 reached LE26,161 ($3,756)
February 10th, 2014 - 08:44 GMT

Egyptians' confidence in Sisi reflected in their rising consumer confidence levels

The new projects will create more than 25,000 new jobs in the region
February 10th, 2014 - 08:26 GMT

Major Indian conglomerate about to pour $1 billion in the UAE and here's why

Al Bawaba
February 10th, 2014 - 12:31 GMT

Beware Sisi: Egypt's failed minimum wage plans are exactly what the Arab Spring was all about

Al Bawaba
February 10th, 2014 - 12:23 GMT

A blessing in disguise? Jordan's ballooning fuel prices increase hybrid cars by sixfold!

Al Bawaba
February 9th, 2014 - 12:00 GMT

Behind the figures: Why Oman's economy is set to thrive both now and in the future

As in previous years, importing countries were led by Gulf Cooperation Council (GCC) nations, particularly the United Arab Emirates and Saudi Arabia,
February 9th, 2014 - 11:38 GMT

Thanks to the Gulf countries, US exports to the Middle East just 'broke record'

UAE companies’ foray into international markets is in fact following international trends
February 9th, 2014 - 10:55 GMT

UAE companies looking to expand internationally

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