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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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Real estate is one of the key sectors driving Dubai's growth. (Image credit: Shutterstock)
November 7th, 2013 - 05:48 GMT

Key sectors contribute to record UAE GDP growth

Trying to grasp the enormity of not only what the Expo will do for the region, but the legacy it will leave has to do with the numbers and sheer magnitude of the event.
November 6th, 2013 - 04:09 GMT

Why should one care about the Expo 2020?

Carried out on a build-operate-transfer, the project entailed the construction of a 325-kilometre pipeline to convey water from the ancient Disi aquifer in southern Jordan to the capital.
November 6th, 2013 - 03:24 GMT

Mashallah! Jordan's Disi Pump at 90% capacity

Dubai Customs
November 6th, 2013 - 08:00 GMT

Dubai's Foreign Trade of motor vehicles amounts to AED 32 billion

CEO confidence in UAE remains high. (Image credit: Shutterstock).
November 6th, 2013 - 06:10 GMT

Non-oil exports drive CEO confidence in UAE

A German government spokeswoman, contacted by AFP, declined to comment and would not confirm or deny the reported letter.
November 6th, 2013 - 04:55 GMT

But why? Saudi Arabia ready to splurge billions on German submarines

In Qatar, only 23 per cent of companies surveyed encourage and enable employees to work from anywhere, using any device of choice.
November 6th, 2013 - 04:55 GMT

Why it's time that employers take an open-minded approach to mobile working

Stephen Odell executive vice-president and FMC’s president of Europe, Middle East and Africa, offers an insight into how the changes will all come together for the greater cause.
November 5th, 2013 - 01:14 GMT

Playing it right: Ford assigns high priority to Middle East market

Anticipating the sweeps, hundreds of business owners shuttered their shops. In addition, commercial activity at the Jeddah Islamic Port dropped and food prices spiked.
November 5th, 2013 - 12:36 GMT

Well, that went well: Saudi Arabia aggressive labor raids put schools, businesses on stand-by

A GCC pearl market would boost investment and economic growth particularly in Bahrain (Shutterstock)
November 5th, 2013 - 11:57 GMT

The GCC's next big industry: Pearls?

Eyad Shihabi - Managing Director HP Middle Eas
November 5th, 2013 - 08:43 GMT

HP helps raise the level of education in the UAE

Gourmet and niche sectors are expected to fuel growth in the food retail sector in the GCC. (Image credit: Shutterstock)
November 5th, 2013 - 05:54 GMT

Food retail is projected to grow to $106bn by 2018; niche sectors to drive demand

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