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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
February 9th, 2014 - 10:53 GMT

Jotun Powder Coatings supports sustainable architecture trend with ‘The Cool Shades Collection’

Saudi Arabia has invested more than $8 billion in Turkey's economy (File Archive)
February 9th, 2014 - 10:22 GMT

Despite Turkey's spiralling economy, KSA is still investing "big" in Ankara--$8 billion "big"!

Al Bawaba
February 9th, 2014 - 07:26 GMT

Dubai Customs discusses stronger cooperation with Oman Customs

It said that last year, GDP in Palestine grew by 1.5 percent.
February 9th, 2014 - 03:55 GMT

Emotional blackmail? IMF says peace talks are crucial for Palestine's economy

China's military expenditure had increased by some 40 percent since 2010, raising it to an estimated $112 billion.
February 6th, 2014 - 06:39 GMT

Is a Middle Eastern arms race in the cards? Saudi Arabia surpasses the UK as world's fourth biggest military spender

Al Bawaba
February 6th, 2014 - 09:11 GMT

SMEs in Bahrain: Prospects for Future Development?

Tourism, one of Lebanon's biggest industries, has plummeted over the past three years (File Archive)
February 6th, 2014 - 08:36 GMT

One frightful forecast for Lebanon's economy, according to January data

The businessmen claimed that thousands of small and medium-sized enterprises (SMEs) have still not recovered from the financial downturn caused by the unrest in 2011,
February 5th, 2014 - 06:41 GMT

Major Bahraini businessmen express anger over expat levy

The firm said its “business would run as usual” and directors “do not expect any financial implications on the company due to this development”.
February 5th, 2014 - 06:08 GMT

Scandal alert! Oman National Gas CEO arrested over corruption, bribery

Iran and France have the potential to notably increase their bilateral annual trade to $5 billion and more
February 5th, 2014 - 05:50 GMT

Talk about a successful visit! Tehran, Paris trade ties could sky rocket from $240 million to $5 BILLION

Al Bawaba
February 5th, 2014 - 11:20 GMT

DED sees 12 per cent increase in licenses during Q4 2013 as economic activity remains robust in Dubai

Taxes on cigarettes represent around 75 per cent of the value of the product
February 5th, 2014 - 09:09 GMT

At least it's not fuel prices this time: Jordan's tobacco, alcohol prices go up

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