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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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Saudi Arabia's Energy Minister Khalid Al-Falih during a meeting between members of the OPEC in 2016. (AFP)
March 28th, 2017 - 09:11 GMT

Saudi Aramco's tax cut is in the interest of the country, its citizens and future generations: Minister

Greek investments will help back Egypt's declining economy. (Wikimedia)
March 28th, 2017 - 08:40 GMT

Greece revives Egypt’s sluggish economy with $1B investment

Director of Dubai Customs, Ahmed Mahboob Musabih
March 28th, 2017 - 06:30 GMT

Dubai Customs gives more time to innovation

Abu Dhabi Ports 6th Golf Tournament
March 28th, 2017 - 06:10 GMT

Abu Dhabi Ports hosts 6th Annual Golf Tournament

The US dollar index slipped to 99.05 points on Monday, its lowest reading since last November’s American presidential election. (File photo)
March 27th, 2017 - 01:32 GMT

Turkish lira advances on US dollar after Trump's healthcare defeat

The US bird flu outbreak is believed to have begun on March 1. (Pixabay)
March 27th, 2017 - 01:00 GMT

Bird flu outbreak: Saudi Arabia bans birds from US, Malaysia

Muscat, the capital of Oman. (Shutterstock)
March 27th, 2017 - 12:30 GMT

Oman, Iran ink agreement to boost trade, financial cooperation

Jordanian investments in Saudi Arabia amount to $2 billion. (AFP/File)
March 27th, 2017 - 11:03 GMT

Jordan, Saudi Arabia launch fund to boost trade, investment

The Central Bank of UAE. (File photo)
March 27th, 2017 - 09:03 GMT

UAE federal budget surplus up 130 percent in 2016

You can't say that we haven't warned you. (Pixabay)
March 27th, 2017 - 08:00 GMT

Hefty fines await people who litter in Oman

A free trade agreement between the UK and the GCC states is on the agenda. (File photo)
March 27th, 2017 - 07:18 GMT

UK eyes $6.5B investments from Qatar, GCC as Brexit approaches

Port of Beirut. (File photo)
March 27th, 2017 - 07:02 GMT

Brazilian meat scandal: Lebanon says it is free of rotten meat

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