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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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Following November's nuclear deal, the EU Council suspended part of its sanctions against Iran (File Archive/AFP)
February 3rd, 2014 - 11:00 GMT

All EU Eyes on Iran: Europe muscling for investments with Tehran

Al Bawaba
February 3rd, 2014 - 09:54 GMT

Blame it on the munchies? Why food prices are not entirely behind Saudi's rising inflation

Italy will help carve out a free trade agreement between the GCC and EU
February 3rd, 2014 - 08:17 GMT

Italy is 'full of hope' when it comes to a partnership with the GCC

The Gulf Cooperation Council (GCC) is increasingly looking eastward to secure trade accords, which in itself reflects the difficulties in concluding free trade agreements with the likes of the European Union (EU).
February 3rd, 2014 - 03:55 GMT

Who says it needs to be a zero-sum game? GCC countries look east for profit

Turkey Exporters Assembly (TİM) head Mehmet Büyükekşi told reportes on Saturday that this figure is a record for the history of Turkish republic.
February 3rd, 2014 - 03:55 GMT

What crisis? Turkey's exports spiked 10% in January

President Hassan Rouhani has asked Iranian filmmakers and cultural officials to work together to bring people back to movie theaters.
February 2nd, 2014 - 06:21 GMT

The downturn's forgotten victim: Rouhani aims to revive Iran's movie industry

The Egyptian economy has shrunk in the wake of the January 25 revolution due to the lack of security and political stability, said Al-Humaidhi.
February 2nd, 2014 - 06:08 GMT

One of many suitors, Kuwait ready to splurge on Egypt

Al Bawaba
February 2nd, 2014 - 01:10 GMT

Dubai Chamber trade delegation to attend 4th Dubai Hamburg Business Forum in Germany

Al Bawaba
February 2nd, 2014 - 11:57 GMT

LG announces improved fourth-quarter and full-year 2013 financial results

Al Bawaba
February 2nd, 2014 - 11:00 GMT

"Friends" with benefits? The Tunisia-IMF relationship

Oman has the main ingredients to be not only an international player, but also a hub for trade and transit
February 2nd, 2014 - 08:59 GMT

Oman to become a major player in global trade, says WTO chief

Al Bawaba
February 2nd, 2014 - 06:50 GMT

Life and Design are now in tune with Samsung’s Home Entertainment lineup, unveiled at CES 2014

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