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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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Al Bawaba
November 18th, 2013 - 03:55 GMT

More like 'Made in China'? Saudi Arabia, China reach agreement on 'Made in Makkah' Project

Halal agro-food will lead $1.3 trillion Islamic finance into new markets and initiate the convergence with sukuk.
November 17th, 2013 - 10:29 GMT

Is the halal food industry the answer to the Muslim world's food (in)security issues?

Al Bawaba
November 17th, 2013 - 10:22 GMT

Dubai Customs: Dubai vegetable and fruit trade reaches AED 6.4bn in first half of 2013

Al Bawaba
November 17th, 2013 - 08:17 GMT

PepsiCo Middle East and Africa appoints new president

Friendshippr
November 17th, 2013 - 07:52 GMT

‘Friendshippr’ – your friends will get it

Iraq's GDP growth has been driven by oil. (Image credit: Shutterstock)
November 17th, 2013 - 07:01 GMT

Iraq's GDP growth to reach 6.4% in 2014

The ayatollah’s organization would go on to acquire stakes in a major bank by 2007 and in Iran’s largest telecommunications company in 2009. Among dozens of other investments, it took over a giant holding company in 2010.
November 17th, 2013 - 03:55 GMT

Unraveling the conundrum: How did Khamenei end up richer than Bill Gates?

A number of Saudi investors in Egypt have faced hurdles as projects stalled following the 25 January Revolution. Some Saudi investors are seeking compensation for the nationalisation of their assets.
November 17th, 2013 - 03:55 GMT

New economic roadmap on the way for Saudi and Egypt

The demand in particular would spike for talent in senior leadership across sectors such as industry, construction and technology with both Dubai and Doha hosting global events like the Expo 2020 and Fifa World Cup 2022.
November 17th, 2013 - 03:55 GMT

How the Expo 2020 is about to bring on a tug of war between the UAE and Qatar

UAE imports more than 80 percent of its medications (Shutterstock)
November 14th, 2013 - 11:36 GMT

The health industry: UAE's next big market?

The Fund is expecting the economy to pick up in 2014 as global conditions improve and oil production recovers.
November 14th, 2013 - 11:29 GMT

Yikes, IMF lowers MENA growth forecasts

The 2014 stimulus package is supposed to be similar to the 2013 one released by the Central Bank (Marwan Tahtah/Al-Akhbar English)
November 14th, 2013 - 08:02 GMT

Will Lebanon's $800 million stimulus actually revitalize the country's economy?

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