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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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“Population growth, increasing income per capita and a booming tourism industry are the main drivers of food consumption in the GCC region, while food is currently the largest segment of consumer expenditure in the entire region." said the report.
October 22nd, 2013 - 07:56 GMT

Food, food, and more food topping GCC consumption appetite

Panasonic world’s smallest short throw lens
October 22nd, 2013 - 06:13 GMT

Panasonic demonstrates world’s smallest short throw lens at GITEX 2013

Those who made the dangerous journey were from one of the most neglected areas in Lebanon, the Akkar region in the north of the country.
October 21st, 2013 - 11:03 GMT

Time to consider what drove the Lebanese asylum seekers towards their death in the high seas

There are several expat workers in the private sector who have been suspended by their employers and they hope to transfer their sponsorships before the end of the amnesty period.
October 21st, 2013 - 10:27 GMT

Only the fittest to survive Saudi's new expat laws on Nov. 3

Oil importers are constrained by high domestic subsidy bills and weak investment; this is hampering economic growth.
October 21st, 2013 - 09:02 GMT

Standard & Chartered gives the MENA a reality check

The law a includes protection of digital data which has already become public property.
October 21st, 2013 - 08:01 GMT

Bahrain to carry a major crackdown on bribery, misuse of funds

Al Bawaba
October 21st, 2013 - 07:31 GMT

LG showcased latest big capacity washing machines and new eco-hybrid products at ifa 2013

At the governorate level, the data indicated that the inflation rate in August 2013 showed that prices fluctuated, rising in some governorates, falling in others and remained stable in other governorates.
October 21st, 2013 - 07:29 GMT

Inflation in Oman declines by one fifth

GITEX
October 21st, 2013 - 04:35 GMT

Dubai Chamber showcases its wide-ranging e-services at GITEX

Panasonic 20 inch tablet with 4K resolution
October 20th, 2013 - 10:06 GMT

Panasonic launches world’s first 20 inch tablet with 4K resolution for Middle East and Africa Region

With a gross domestic product (GDP) of $735 billion, Turkey became the 18th largest economy in the world despite of the lack of abundant natural resources such as oil & gas and despite of its big energy consumption.
October 20th, 2013 - 08:59 GMT

Can Turkey's successful economic model be replicated?

Dubai Investments
October 20th, 2013 - 08:44 GMT

Dubai Investments’ pioneering models across diversified sectors achieve strong growth

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