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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
October 2nd, 2013 - 04:36 GMT

Dubai Chamber CEO Dialogue sheds light on Dubai’s global leadership in retail

"As it is, 80 percent of energy subsidies do not benefit those in need," explained Galal, who added that state fuel subsidies had reached between LE128 and 130 billion annually.
October 2nd, 2013 - 04:30 GMT

A farewell gift? Egypt's interim govt to cut subsidies, change taxes before leaving

Since the 2011 revolution which overthrew long-time autocrat Hosni Mubarak, the judicial system has issued at least 11 rulings annulling privatisation deals made during his tenure.
October 1st, 2013 - 02:03 GMT

Egypt's cotton to stay Egyptian

Like oil, data is not truly valuable until it has been refined, analyzed and some valuable action is extracted from it.
October 1st, 2013 - 12:26 GMT

Data: 'the Middle East's new oil'

GE Lighting - Crowne Plaza Qatar
October 1st, 2013 - 10:20 GMT

GE Lighting to showcase innovative LED solutions for a greener futur’ at Light ME

Political differences has negatively affected the economic relations, the size of the GCC investments in Turkey, and also led to a decline in the number of Gulf tourists to Turkey.
October 1st, 2013 - 09:11 GMT

When politics means business: will GCC-Turkish tensions leave their mark on commercial ties?

Workers have described being forced to work in 50 degrees Celsius heat without a supply of drinking water by employers who withhold salaries for several months and retain passports to prevent workers from leaving the country.
October 1st, 2013 - 08:40 GMT

Time to save face: Qatar promises action on World Cup labour violations

Excluding foreign grants, the budget deficit would be JD842.6 million during the first seven months of 2013, compared with JD658.4 in the same period last year, the ministry indicated.
October 1st, 2013 - 08:13 GMT

Jordan's indebtedness at almost 75% of GDP

"We expect to create around 250 jobs for Bahrainis and Saudis," he added.
October 1st, 2013 - 04:30 GMT

A healthy economy? $93 million insulin factory coming to Bahrian

Al Bawaba
September 30th, 2013 - 11:32 GMT

Epson launches latest A4 scanners in Middle East for faster processing of business document workflow

The 2022 World Cup, normally a summer tournament, has been cast into doubt given Qatar’s searing summer temperatures.
September 30th, 2013 - 09:57 GMT

A seasonal compromise? Qatar's World Cup 2022 could be hosted in November

The agreements will be signed with Japan, the European Union (EU), Association of South East Asian Nations (Asean), South Korea, China, India, Turkey, Russia and Australia.
September 30th, 2013 - 09:44 GMT

GCC embraces collective free trade spirit

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