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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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Canon Middle East at DIFF
January 5th, 2014 - 05:33 GMT

Canon Middle East supports regional film industry with participation at Dubai International Film Festival

A comparison of the fallout of media coverage and campaigning by trade unions and human rights groups of Qatar and Abu Dhabi highlights the power of the World Cup and soccer.
January 5th, 2014 - 03:55 GMT

After Qatar and the World Cup, the Expo 2020 and Louvre construction to open eyes to worker maltreatment in the UAE

Turkey has an official 5% inflation target and a most recent central bank forecast of 6.8% for 2013.
January 5th, 2014 - 03:55 GMT

Blame the food: Turkey's inflation rate higher than expected

The Suez Canal and the Suez med pipeline account for four million barrels a day of crude oil, LNG and petroleum products shipments.
January 2nd, 2014 - 07:29 GMT

The Suez canal: the only lifeline left for Egypt's much needed economic revolution?

Al Bawaba
January 2nd, 2014 - 09:32 GMT

LG’s newest refrigerators expected to turn heads at CES 2014

 India and Saudi Arabia will soon finalize a Standard Employment Contract to ensure a smooth relationship between the employer and the employee, according to a senior Indian minister.
January 2nd, 2014 - 04:48 GMT

Paper work or paradigm shift? Saudi Arabia, India to sign labor cooperation agreement

Kuwait decided for the second year in a row to transfer 25 percent of revenues into the emirate’s sovereign wealth fund, the assets of which are currently estimated at over $400 billion.
January 2nd, 2014 - 03:55 GMT

The usual? Kuwait's budget surplus being eaten away by uncontrolled spending

Industrialists enter 2014 by keeping a wary eye on government policies, which according to sector leaders, are manufacturers’ biggest worry.
January 1st, 2014 - 04:54 GMT

Despite reaping off the Syrian crisis, Jordan's industrialists enter the new year with new worries

Although 2013 was a bad year for Lebanon in terms of politics, security and the economy, 2014 could be worse.
January 1st, 2014 - 03:24 GMT

Crossing our fingers for Lebanon, how much worse can things get in 2014?

2013 was a year of gains for GCC stocks. (Image credit: Shutterstock)
January 1st, 2014 - 08:08 GMT

Gulf stocks show strong momentum heading into 2014

Approved by parliament in 2013, the $130 billion plan aimed to modernize Kuwait’s aging state infrastructure – especially in the revenue-earning oil sector.
January 1st, 2014 - 03:55 GMT

2014: the make it or break it year for Kuwait's development efforts

These developments just keep us wondering, was this a year of unending economic challenges or opportunities?
December 31st, 2013 - 05:31 GMT

Egypt's top ten economic milestones in 2013

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