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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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Bahaa El Din said the government would hold a conference in March or April to discuss the financial needs of the country and to issue long-term infrastructure projects.
January 12th, 2014 - 03:55 GMT

Egypt to be stimulated by the UAE

Sharjah has received its first sovereign credit ratings. (Image credit: Ourallegiancetokhalifa.ae)
January 9th, 2014 - 10:20 GMT

Sharjah gets top ratings from both Moody’s and Standard & Poor’s

Saudi's mining sector may provide the critical jobs that many unemployed Saudis are looking for (Shutterstock)
January 9th, 2014 - 10:15 GMT

Can Saudi Arabia mine itself out of unemployment?

Syrian refugees have fled to Jordan, Lebanon and Turkey in massive numbers since 2011 (File Archive/AFP)
January 9th, 2014 - 09:44 GMT

Jordan responds to the economic impact of the Syrian refugee crisis, but is mitigating the effects possible?

The sultanate’s government recently released a 2014 budget with state planning to spend OMR13.5 billion, up five per cent from the original plan, which envisaged a 29 per cent hike from 2012 expenditure.
January 9th, 2014 - 03:55 GMT

The quiet overachiever: Oman's household income went up almost 85% in 10 years!

Bahrain parliament voted to establish the private sector minimum wage Tuesday (Courtesy of Gulf News)
January 8th, 2014 - 09:18 GMT

Bahrain sets new minimum wage for private sector workers

The yellow metal is back in fashion among Emirati shoppers. (Image credit: Wikimedia)
January 8th, 2014 - 09:03 GMT

Gold rebounds in Dubai

The Middle East is involved in various forms of human trafficking, but it is quite difficult to retrieve statistics on how many victims have been affected by the "business" (Shutterstock)
January 8th, 2014 - 07:06 GMT

Behind the ugly business of human trafficking in the Gulf

Al Bawaba
January 8th, 2014 - 06:57 GMT

LG’s premium, stylish appliances set to impress at CES 2014

Saudi Arabia previously held a conference on healthcare solutions earlier this year (File Archive)
January 8th, 2014 - 06:51 GMT

More IT a day keeps the doctor away? KSA healthcare sector IT spending spikes

Al Bawaba
January 8th, 2014 - 05:40 GMT

Jafza staff and customers take part in ‘Thank You Khalifa’ initiative

Ben Churchill, Managing Director, Emrill
January 7th, 2014 - 07:12 GMT

Emrill’s Ben Churchill presented European CEO Award

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