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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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Iran's Supreme leader's holding are managed by an entity called Setad. Setad has previously confiscated real estate owned by members of religious minorities to obtain its assets (AFP)
November 12th, 2013 - 11:18 GMT

Supreme leader is Iran's supreme businessman with $95 billion assets

Inflation in Iran is at a staggering 39%. (Image credit: Shutterstock)
November 12th, 2013 - 06:00 GMT

IMF and Iran meet to discuss measures to curb inflation

Below is a graph showing the budget allocation for fuel subsidies, SWF, and SFD (in YER million).
November 12th, 2013 - 04:55 GMT

The IMF should perhaps learn that one size fits all, especially when it comes to Yemen's subsidy reforms

Ali stressed that the military institution has no intention of becoming involved in the economic policy of Egypt in the future.
November 12th, 2013 - 04:55 GMT

Military spokesman: We have no control over Egypt's economy

There are 5,000 German investments in Turkey, as supposed to only 700 in Egypt.
November 12th, 2013 - 04:55 GMT

German investor tells all: Why Egypt's political unrest is not an excuse for its faltering economy

The International Monetary Fund urged Kuwait last month to contain public spending to avoid risks from a drop in the price of crude oil which accounts for 94 percent of state revenues.
November 11th, 2013 - 11:24 GMT

Bye bye nanny state, hello Egypt/Jordan style protests? Kuwait to possibly scratch $16 billion worth of subsidies

Al Bawaba
November 11th, 2013 - 11:01 GMT

Dubai Customs takes part in Dubai Forum for Government Best Practices

Al Bawaba
November 11th, 2013 - 10:40 GMT

Dubai Chamber finalises its preparations for the Mohammed bin Rashid Al Maktoum Business Award

Prince Alwaleed Bin Talal and Kingdom Holding Company invested $300 million in Twitter in 2011 (Courtesy of the Guardian)
November 11th, 2013 - 09:10 GMT

Tweeting has never been better for Saudi Prince's Twitter investments

Marwan Hajjar's 961 beer is not only popular among Lebanese consumers but internationally as well (Courtesy of 961)
November 11th, 2013 - 07:50 GMT

Something new is brewing in Lebanon's booming beer industry

Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, addressing the “Seatrade Shipping and Investment Forum 2013” in the UAE capital
November 11th, 2013 - 07:46 GMT

New technology drives GCC supply chain efficiency

Al Bawaba
November 11th, 2013 - 05:24 GMT

LG introduces a new generation 55 inch cinema 3D smart TV in the local market

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