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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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The US shale oil boom promises the White House energy independence by 2020 but is already having an impact on its Middle East diplomacy.
September 17th, 2013 - 07:44 GMT

How the Fed, crude, and Syria are changed by shale

However, expectations for the future are high in the region with almost half of the survey’s respondents expecting their personal financial situation to improve in six months (Pictured: an empty shopping scene in Beirut).
September 17th, 2013 - 06:09 GMT

The outlier in the bayt.com survey: 8 out of 10 Lebanese worse off financially

The history of retail, service and other businesses shows that many of the strategic growth initiatives to deliver against ambitious plans fail, if these initiatives are not managed effectively.
September 17th, 2013 - 04:55 GMT

Is there such a thing as 'bad' growth?

Data for the quarterly Bayt.com Consumer Confidence Index survey (September 2013) was collected online from July 28-August 15 2013.
September 16th, 2013 - 12:33 GMT

If only the poor can access bayt.com: according to the site, most Arabs are expecting improvements in finances

Al Bawaba
September 16th, 2013 - 09:33 GMT

For the ultimate in superzoom – Canon unveils new PowerShot SX510 HS and PowerShot SX170 IS

The Tabaq Al Khair initiative in Dubai Customs’ main building
September 16th, 2013 - 08:13 GMT

Dubai Customs’ community initiatives support its strategic plan

Furthermore, the survey reveals employees are staying in their jobs for a longer period, resulting in a greater percent being eligible for higher EoSB payout.
September 16th, 2013 - 06:17 GMT

More employment, end of service pay on the way for Middle Eastern businesses

Saudi Arabia, UAE, Qatar, Bahrain, Kuwait, and Oman in particular will have dense urban conglomerations, with 45.1 million people expected to reside in GCC cities by 2020 – 85 percent of the total estimated population.
September 15th, 2013 - 01:01 GMT

Talk about a boom: MENA cities to be occupied by 226 million in 2020

This easier financing picture, coupled with market appetite for laggards and the high yields on Egyptian assets, has likely been the driving force behind recent market price action (Pictured: Egypt's stock exchange).
September 15th, 2013 - 12:38 GMT

It's been a while: how's Egypt's economy doing?

The mechanism to settle such disputes is to be made public after Eid Al-Adha holidays.
September 15th, 2013 - 12:19 GMT

Saudi Arabia announces new speedy mechanism to settle labor disputes

Dubai Customs
September 15th, 2013 - 12:09 GMT

US Trade Delegation received by Dubai Customs to promote commercial relations

Hanafin said that if the UAE was to provide citizenship to expats it would be slightly detrimental.
September 15th, 2013 - 11:57 GMT

Does the UAE need to attract investors with citizenship offers? Apparently not.

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