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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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The ambassador and the prince also discussed a number of topics related to economic bilateral ties between Saudi Arabia and Portugal.
January 23rd, 2014 - 03:55 GMT

Always outside the box: Al-Waleed bin Talal considers investing in Portugal

International business leaders gathered in Davos for the 44th World Economic Forum Annual Meeting urged governments on Wednesday to make policy changes needed to stimulate the job market and restore trust between businesses and civil society.
January 23rd, 2014 - 03:55 GMT

Business leaders in Davos' World Economic Forum think long-term

While not neglecting subsidizing other goods, the official said that prioritizing energy products over other goods is due to a new direction followed by the government.
January 22nd, 2014 - 10:04 GMT

Beblawi presents Egypt's economic woes to the world in Davos

Growth in the Middle East and North Africa, along with Afghanistan and Pakistan, is expected to stand at 3.3 percent this year, lower than the 3.6 percent
January 22nd, 2014 - 01:55 GMT

The IMF is not too optimistic about the MENA's 2014 prospects

Dubai's current economy and its projections for future growth have earned the MENA city a top 20 rank in the world's most dynamic cities based on the City Momentum Index (File Archive/Shutterstock)
January 22nd, 2014 - 11:07 GMT

This MENA locale is ranked in top 20 most dynamic global cities thanks to its booming economy

Saudi Arabia is poised to become the first manufacturing country in the region
January 22nd, 2014 - 10:13 GMT

Saudi Arabia has a golden opportunity to become the region's leading manufacturer

Abu Dhabi has grown into one of the most attractive construction markets in the Gulf despite its rather humble beginning (File Archive)
January 22nd, 2014 - 09:48 GMT

The GCC is building one heck of a construction market with its $1.3 trillion value forecasted to grow

Al Bawaba
January 22nd, 2014 - 08:26 GMT

DUBAL notches up 23rd year as sponsor of Omega Desert Classic

With a net worth of $720m, Shafik Gabr is the richest known millionaire in Egypt.
January 22nd, 2014 - 03:55 GMT

How did Egypt's 16 richest businessmen get so rich?

 
The crisis has raised concerns among economic analysts as much as rights groups and the EU about the threat to the rule of law and democracy.
January 22nd, 2014 - 12:37 GMT

How politics is butchering Turkey's economy

All in all, Iran’s trade balance with 96 countries was positive in the first eight months of 2013, according to data released by the Iranian Customs Administration Office.
January 22nd, 2014 - 12:02 GMT

Talk about a trade relationship! Iran-China trade ties surpass $30 billion

Saudi Arabia's adaptation of a "more cautious approach" to government spending may result in slower economic growth for KSA and the greater region (File Archive/Shutterstock)
January 21st, 2014 - 01:28 GMT

Could "cautionary" Saudi spending behavior lead to an economic downturn in the Middle East?

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