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Economy and Policy

Economy and Policy latest

Hegseth during US Committee hearing
July 23rd, 2026 - 09:04 GMT
P. Choiaqo

P. Choiaqo

Hegseth asks Congress to increase defense budget to $1.5 trillion

ALBAWABA - Hegseth appeared before Congress yesterday to answer questions regarding the Iran war and the costs related to it; instead of answering, he bold-facedly requested Congress increase his department’s budget to $1.5 trillion. The Trump administration continues to push Congress for more funds to cover the heavy cost of the Iran war, Hegseth says it cost $37 billion so far and is asking for $70 billion more, while analysts ...
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Engineer Muammar Al Katheeri and Ghazi Atallah carrying the award.
July 19th, 2017 - 09:38 GMT

DSOA Bags Best Infrastructure Innovation Award for Silicon Park Project in Collaboration With NxN

The kingdom is preparing to implement a new version of its Nitaqat program for companies from September 3. (AFP/ File)
July 19th, 2017 - 08:20 GMT

Saudi Arabia Rejects 63 Percent of Work Visas in 2016: Ministry

Sheikha Lubna Al Qasimi, UAE Minister of State for Tolerance, was voted the most powerful Arab woman in government in 2017. (Photo: Zayed University)
July 18th, 2017 - 07:00 GMT

UAE Women Most Powerful in Arab World, According to Forbes

The dollar sank to a 10-month low hit by the collapse of President Donald Trump's efforts to deliver a new healthcare bill. (File photo)
July 18th, 2017 - 02:43 GMT

Trump's Failure on Healthcare Sends Dollar to 10-Month Low

The Brits want Saudi Aramco to list in London even if that means bending strict stock market rules. (AFP/ File)
July 18th, 2017 - 12:58 GMT

Opinion: Has London Sold Its Soul to the Saudis?

Qatar's Foreign Minister Mohammed bin Abdulrahman al-Thani. (AFP)
July 18th, 2017 - 12:15 GMT

Qatar Taking Steps to Counter Gulf Blockade, Stabilize Market: Minister

Young people walk on Galata bridge next to a giant Turkish national flag at Eminonu district in Istanbul on July 26, 2016. (Ozan Kose/ AFP)
July 18th, 2017 - 10:21 GMT

Turkey: Unemployment Rate at 10.5 Percent, With 3.3 Million Jobless

Traders working at the Egyptian stock exchange in Cairo. (AFP)
July 17th, 2017 - 03:21 GMT

Second Tranche of IMF Loan, Foreign Investments to Boost Egypt Stocks: Analysts

Several committees are asking for a speed-up of newly completed hospitals. (File photo)
July 17th, 2017 - 11:23 GMT

Saudi Arabia to Vote on HIV/AIDS Protection System, Unified Health Law

In order to benefit from the initiative, couples should have been married for at least a year. (File photo)
July 16th, 2017 - 12:56 GMT

UAE Announces 'Free Fertility Treatment' for Emirati Couples

Saudi Arabia will begin enforcing the wage protection system starting from August 1. (AFP/ File)
July 16th, 2017 - 11:56 GMT

No More Unpaid Workers: Saudi Arabia Launches New Wage Protection System

Growth is projected to recover over the next few years. (File photo)
July 16th, 2017 - 08:19 GMT

UAE's Economy to Bounce Back in 2018 as Oil Prices Stabilize, Says IMF

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