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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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Messages sent warn companies and individuals against providing cover to the undocumented expatriates and those overstaying their visa period.
October 20th, 2013 - 08:28 GMT

With grace period ending, Saudi ministries toughen up

Around 1.98 million pilgrims performed hajj this year, a 37.3 percent drop compared to last year.
October 20th, 2013 - 07:49 GMT

Less pilgrims, less spending: Hajj spending down 31% this year

Last year the LCCs in the Middle East grew to 13.5 per cent, a modest 1.8 per cent increase on the previous year according to travel and tourism IT solutions company Amadeus.
October 20th, 2013 - 07:37 GMT

Flying cheap: time to buckle up for low cost flights in the Middle East

According to ministry estimates, nearly 1.5 million foreign workers are currently residing in the country, with Syrians and Egyptians composing the majority.
October 20th, 2013 - 07:11 GMT

14,000 illegal workers found in Jordan

DED online services at Gitex Technology
October 20th, 2013 - 04:53 GMT

DED to display innovative online services at Gitex Technology Week

Samsung GALAXY Note 3
October 20th, 2013 - 04:49 GMT

Samsung launches security solution for enterprise consumers at GITEX

According to the economists, the consumption expenses of Kuwaitis are higher than their savings and investments.
October 18th, 2013 - 10:09 GMT

Unholy consumption: Kuwaitis, expats spend around $1 billion for Eid!


Sidi Ould Tah, Mauritanian Minister for Economic Affairs and Development, said the educational output is not in harmony with needs of the labour market and this issue requires reconsideration into the educational systems.
October 14th, 2013 - 09:38 GMT

One in four remain jobless in the Middle East, according to the IMF

World Bank chief Jim Yong Kim has warned that the US was headed toward peril as politicians failed again to resolve a standoff over the budget and debt ceiling.
October 13th, 2013 - 09:40 GMT

'Global growth subdued' and 'US headed towards to danger', says IMF, World Bank

Al Bawaba
October 13th, 2013 - 09:27 GMT

Philips displays to captivate the crowds with its world class Innovations at GITEX

Al Bawaba
October 13th, 2013 - 08:21 GMT

MoF organises a reception for UAE banks at the sidelines of the annual meetings of the IMF and World Bank in Washington

Al Bawaba
October 13th, 2013 - 06:16 GMT

Samsung unveils UHD OLED TV

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