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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
September 22nd, 2013 - 09:46 GMT

Dubai Chamber puts International Standard Banking Practices in the spotlight

Emirates Glass manufacturing unit
September 22nd, 2013 - 08:57 GMT

Dubai Investments contributes to UAE’s manufacturing and industrial growth

The spending has also received support from steady employment growth, especially among Kuwaiti civilians (Photo credit: tradearabia).
September 22nd, 2013 - 08:28 GMT

Kuwait consumers doing what they do best- borrow and spend

Al Bawaba
September 22nd, 2013 - 05:07 GMT

Dubai Customs foils a bid to smuggle more than 830 grams of heroin through Dubai Airport

Al Bawaba
September 22nd, 2013 - 05:05 GMT

LG unveils world’s largest Ultra HD Oled TV

In Beirut and Mount Lebanon, trade has declined by 15 percent in 2012
September 19th, 2013 - 01:55 GMT

Decline in commercial sectors disastrous, lawmakers warn

In 2011, private sector workers were promised an ‘emergency allowance’ if their pre-tax salary, not their take-home salary, failed to reach the LE700 minimum.
September 19th, 2013 - 09:37 GMT

Egypt sets frugal minimum wage

Syrian annual inflation rate hit 68% in May 2013 while prices continue to rise; announced the Syrian central bureau of statistics website on Wednesday.
September 19th, 2013 - 09:13 GMT

Syria's inflation rates skyrocketing

Olympics spending would have at least cost Turkey $20 billion.
September 19th, 2013 - 08:58 GMT

How Istanbul won by losing the Olympics 2020 bid

Prince Alwaleed, the principal shareholder of the Rotana Group, is also the beneficial owner of approximately 7 percent of 21 Century Fox’s  Class B Common Stock.
September 19th, 2013 - 07:23 GMT

More music, more films, more Rotana! Alwaleed ok's expansion and restructuring

Saudi Arabia is offering $1 trillion worth of investment opportunities.
September 19th, 2013 - 07:02 GMT

More money, more spending: Saudi Arabia's spending boom to reach $718 billion

Gabriela Ramos of the OECD said: “We cannot wait until political stability is achieved or the international financial crisis overcome.”
September 19th, 2013 - 06:43 GMT

Irony much? Arab Spring economies keen on private investments as way out of their troubles

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