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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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China is expected to overtake the United States in 2028 to become the world’s largest economy, according to a research report.
December 29th, 2013 - 01:46 GMT

Is China about to overtake the US as the world's largest economy?

With the help of KSA comedian Bader Saleh, 7UP hopes its new campaign will bring laughs--and profits--for the soda brand (Courtesy of You Tube)
December 29th, 2013 - 12:56 GMT

Cold drinks all around for Saudi's "Cool hero" Bader Saleh in new 7UP campaign

Al Bawaba
December 29th, 2013 - 11:36 GMT

Pepsico partners with IIR at Saudi CSR summit

Pearl has been identified recently by Dubai Exports among a number of product categories that can help boost the emirate’s exports and industrial sector. (Image credit: Shutterstock)
December 29th, 2013 - 07:21 GMT

UAE's original economy still thrives: Pearl trade up 15%

The committee's tasks will involve reviewing the associations' accounts and businesses and writing reports on their activities and financial positions.
December 29th, 2013 - 03:55 GMT

Egypt to reshuffle Muslim Brotherhood's frozen funds

Four Gulf states — Qatar, Saudi Arabia, Kuwait and the UAE — agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017.
December 29th, 2013 - 03:55 GMT

The new pampered child to replace Egypt? Qatar okays $1.25 billion aid package to Morocco

Arguably the Indian Government has been far more effective in crashing the price of gold than saving its currency.
December 27th, 2013 - 09:36 GMT

How gold is being legally smuggled into the UAE

Lower crude oil prices and reduced production might materialize, with the increased possibility of oversupply from OPEC and non-OPEC, which will weigh negatively on oil revenues and will reverse the hefty fiscal and current account surpluses of recent years.
December 26th, 2013 - 05:18 GMT

SAMA's unprecedented role in safegaurding the Saudi economy

Last December, Toyota said it had agreed to pay about $1.1 billion (€800 million) to settle a class action lawsuit launched by US vehicle owners affected by the series of mass recalls from the automaker.
December 26th, 2013 - 03:30 GMT

Speeding ticket? Blame your toyota! Saudi Arabia forced to recall 400,000 Toyotas for unintended acceleration

Rising construction costs in Qatar are of concern. (Image credit: Shutterstock)
December 26th, 2013 - 10:28 GMT

Why Dubai's Expo 2020 win is bad for Qatar

The Egyptian Trade Union has been a main site of protests in the country since the Jan. 25 revolution (Courtesy of the Christian Science Monitor)
December 26th, 2013 - 09:09 GMT

Work without wages? Egypt fails to establish minimum salary for private sector workers

Dubai Chamber of Commerce and Industry
December 26th, 2013 - 06:29 GMT

Dubai Chamber study reviews investment potential of Dubai’s stock market

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