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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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"A free market economy is based on the assumption of free people, but Palestinians are not free; they live in occupied territory."
February 2nd, 2014 - 04:55 GMT

Introducing the paradox: with no freedom under occupation, can there still be a free market economy in Palestine?

According to the McKinsey Global Private Banking Survey 2013, the total high net worth wealth in the Middle East is predicted to increase by $3.3 trillion by 2014.
February 2nd, 2014 - 04:11 GMT

World's most luxurious superyachts coming to the GULF

During Erdogan’s stay, Iran and Turkey signed a number of agreements, including a preferential trade agreement, which can dramatically increase the trade ties between the two countries.
January 31st, 2014 - 12:26 GMT

Talk about preferential trade: Khomeini says Turkey, Iran are enjoying 'best relations in history'

The ban on investing in the firms revived a three-year prohibition on them that the Government Pension Fund of Norway had dropped in August last year.
January 30th, 2014 - 07:43 GMT

Can we say we have a trend here? World's largest sovereign wealth fund blacklists two Israeli firms over settlement activity

Al Bawaba
January 30th, 2014 - 01:03 GMT

Lenovo launches ultra sleek VIBE smartphones in Saudi Arabia

SMEs may get crowded out from benefits of Dubai's 2020 Expo bid win, say some entrepreneurs (File Archive/AFP)
January 30th, 2014 - 12:17 GMT

Not necessarily a good thing? The Expo effect on SMEs in the UAE

Regional travel warnings due to the war in neighboring Syria has been detrimental to Lebanon's tourism industry.
January 30th, 2014 - 10:36 GMT

Blaming the victims: has the Syrian civil war ruined all future prospects for the Lebanese economy?

India and Bahrain have a trading relationship that stretches back thousands of years
January 30th, 2014 - 09:55 GMT

Bahrain seeking to bolster India trade

Dubai’s real GDP accelerated to 4.9 per cent year on year in the first half of 2013
January 30th, 2014 - 08:41 GMT

UAE’s real non-oil GDP to double by 2020

This trade was usually the domain of expatriate children at traffic signals, but has now become a daily routine for many Saudi women.
January 30th, 2014 - 03:55 GMT

Failed by who? Saudi women resort to tissue-selling to wipe away poverty

Despite the crackdown, some street vendors return after GAM inspectors leave, according to Ebbini, who said GAM teams do what they can to cover all parts of the capital.
January 30th, 2014 - 03:55 GMT

Jordan declares war on street vendors

The Nitaqat system, a scheme that penalises companies based on the percentage of its expatriate employees
January 29th, 2014 - 09:12 GMT

Calling it by its name? Saudi shoura council calls nitaqat system a 'failure'

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