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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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UAE's Minister of Economy called on the WTO to accelerate the membership process for developing countries interested in joining the global trade group (File Archive)
December 5th, 2013 - 09:53 GMT

UAE calls for "balanced deal" at WTO meeting as divisions grow among delegations

Small Businesses in the Middle East are missing the chance to get new customers by having an online presence. (Image credit: Shutterstock)
December 5th, 2013 - 06:36 GMT

Google's not happy with the ME's online business performance

The secretary-general of the Kuwaiti liaison commission for environmental rehabilitation, said that the Kuwaiti compensation claims, according to UN resolution 258, cover six restoration ventures.
December 5th, 2013 - 03:55 GMT

A totally green economy otherwise? Kuwait to receive $744 million in compensation for environmental damage caused by 1990 Iraqi invasion

Al-Sabah asserted that the Kuwait Investment Authority would form partnerships with Egyptian organisations to aid in implementing projects and invest in joint ventures with the country, which the Kuwait Fund for Arab Economic Development would finance.
December 5th, 2013 - 03:55 GMT

Kuwait boasting that it's ready to boost Egypt's economy

In a statement on Tuesday, the Berlin-based organization said that the annual report represents a warning against the abuse of power, secret deals and bribes which are ongoing problems that ruin societies across the world.
December 4th, 2013 - 12:39 GMT

Where do the Arab Spring contenders lie on the corruption barometer?

Abdul Basit Al Janahi, Chief Executive Officer of Dubai SME
December 4th, 2013 - 09:56 GMT

Dubai SME to host UAE chapter of World Entrepreneurship Forum on Dec 8 & 9

Political turmoil in Libya has been detrimental to the country's political-and economic-prosperity, with oil output barely half of its usual output (Marco Longari/AFP)
December 4th, 2013 - 09:26 GMT

No sun on MENA's economic horizon? How today's political turmoil is crushing region's future edge in the global economy

Approximately 60-70 percent of the Saudi population does not participate in the labor force at all (Reuters)
December 4th, 2013 - 08:45 GMT

No work, all play: Will expanding private sector solve Saudi's unemployed youth problem?

Real estate auctions have taken the leap to the online world. (Image credit: Shutterstock)
December 4th, 2013 - 06:00 GMT

Toss those check books and bid online for Dubai's hottest properties

In other words, Egypt’s army failed miserably at the one thing they should have been doing well – military production.
December 4th, 2013 - 03:55 GMT

Why Egypt's army is bad at doing business

Working in neighbouring Saudi Arabia has been a way for Yemenis to escape their country’s chronic unemployment; more than half of Yemenis aged 18 to 24 are unemployed.
December 3rd, 2013 - 02:23 GMT

Saudi Arabia's mass deportations reveal the horrifying reality awaiting Yemenis sent home

Qatar had originally given Egypt $7.5 billion when former president Mohammed Morsi was in office, but since his oust, relations between Qatar and Egypt have deteriorated dramatically (Reuters)
December 3rd, 2013 - 01:18 GMT

More money, more problems? Egypt returns another $500 million to Qatar

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