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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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Last week was a key week not only for key economic data points, but the outcome of the G20 summit in St Petersburg which centered on the U.S.’s campaign to drum up last minute support for imminent military action in Syria.
September 12th, 2013 - 10:05 GMT

Time for a global check-up: how are MENA markets doing?

Pictured: the Iraqi invasion of Kuwait in 1990, which Iraq's new government is still paying the price for.
September 12th, 2013 - 08:48 GMT

The price of the past: Iraq reiterates commitment to pay Kuwait compensations

he King stressed the need to boost foreign investments in Jordan by implementing mega-projects concerned with securing energy and water security, according to a Royal Court statement.
September 12th, 2013 - 08:43 GMT

Taking the lead: King Abdullah of Jordan makes economic demands to Parliament

“Total cash holdings will probably fall further from their 2012 post-global financial crisis high, but this will be due to companies using the cash for debt repayments," says Fitch.
September 12th, 2013 - 06:42 GMT

2014 to mark a 'turning point' for EMEA corporations

he region already has all the wealth required for its transformation in the accumulated wealth of the Oil States in their sovereign wealth funds who would actually have the most to gain as the biggest investors in a New Middle East.
September 12th, 2013 - 05:36 GMT

Why a Middle Eastern economic boom is contingent on solving the Syrian crisis

September 11th, 2013 - 12:24 GMT

DUBAL, EMAL promote UAE primary aluminium industry at 28th International Aluminium Conference

Al Bawaba
September 11th, 2013 - 12:01 GMT

DEWA participates in Dubai Government Excellence Program seminars

 Instead of confronting the gap between their assets and liabilities, and their flawed business model, companies secured debt agreements that prevented bankruptcy and proper debt work-outs (Pictured: Kuwait's The Central Bank of Kuwait).
September 11th, 2013 - 11:25 GMT

It's time to stop 'extending and pretending': Why Kuwait must really restructure its debt

The occasional closure of export routes across Syria and a lack of viable alternatives remain a major obstacle
September 11th, 2013 - 11:03 GMT

The Syrian War has left nothing untouched, including Lebanon's apples and bananas

Among the participating GCC organizations, UAE-based companies predicted the lowest salary increase at 5 percent
September 11th, 2013 - 10:28 GMT

Here comes the pay check: salaries to increase the most in Saudi Arabia

As Kapoor wallowed in debt and lost his dream, thousands of workers were also caught in a spell of unemployment, lost their income or had their salaries cut (Photocredit: Shutterstock).
September 11th, 2013 - 10:16 GMT

As the world commemorates other events, UAE expats remember their recession days

Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance
September 11th, 2013 - 09:57 GMT

MoF issues its annual statistical report on the Gulf Common Market – 2012

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