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US Aircraft Carrier in the Arabian Sea
July 16th, 2026 - 06:46 GMT
P. Choiaqo

P. Choiaqo

Saudi Arabia to buy $2 billion worth of weapons from the US

ALBAWABA - The sale of an estimated $1.96 billion worth of weapons focused on air defenses to Saudi Arabia has been approved, according to the U.S. State Department. The weapons sought by the Kingdom of Saudi Arabia are around 20,000 Advanced Precision Kill Weapon Systems and its warheads which are described as "an inexpensive way to destroy targets while limiting collateral damage in close combat.” According to the U.S. Navy ...
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The scenario's basic assumptions are a reduction in GDP, a sharp rise in the interest rate, a 20% drop in home prices, and a 12% unemployment rate
April 9th, 2014 - 04:49 GMT

An impending mortgage crisis in Israel? Well, the central bank can already envision one

The GCC was the largest export destination with total export to the region reaching AED15.8 billion, with Saudi Arabia taking 57 percent of the total GCC export
April 9th, 2014 - 09:55 GMT

Dubai’s exports to Saudi Arabia bring in the big bucks with $2.5 billion in March

The plant will support the expansion of the Zubair oil field near Basra
April 9th, 2014 - 08:55 GMT

Who said destroying Iraq wasn't profitable? Alstom wins $549m Iraq power plant contract

Iran and the six powers have yet to agree on the limits that Tehran will have to accept on its enrichment programme
April 9th, 2014 - 07:55 GMT

Six world powers push for lifting nuclear santions on Iran by July

Al Bawaba
April 9th, 2014 - 06:55 GMT

Germany, UAE go hand in hand with developing stronger economic partnership

In the United Arab Emirates, where real estate prices are rising at a fast pace, the award of World Expo 2020 has further strengthened growth prospects
April 9th, 2014 - 06:36 GMT

IMF raises UAE's 2014 growth forecast to 4.4% thanks to Expo 2020, rising property prices

While revenues of banks in Qatar grew by 20 percent and banks in the UAE are back to double-digit growth overall, Saudi, Omani and Bahraini banks are experiencing single digit growth rates.
April 9th, 2014 - 02:55 GMT

Trust the borrowers: GCC banks post double-digit growth, and losses

He added that the volume of projects that applied to benefit from the Investment  Promotion Law reached JD1.92 billion (around $2.7 billion) in 2013 compared to JD1.61 billion ($2.2 billion) in 2012.
April 9th, 2014 - 02:55 GMT

Jordan braces up for more foreign investments

According to the report, 80% are concerned with the unemployment level in the country.
April 9th, 2014 - 02:55 GMT

Egypt's youth shared their deepest worries

ICT Minister Azzam Sleit, who did not wish to name the company, said the door remains open for other operators to acquire such frequencies to introduce 4G services, which enable data transfer rates of up to 150 megabits per second.
April 8th, 2014 - 11:43 GMT

After rejecting outsiders: Jordanian telecom company gets on board with 4G plans and place a bid

Symantec also highlighted the increasing number of Internet of Things devices targeted last year including routers, baby monitors and security cameras.
April 8th, 2014 - 11:26 GMT

Man-made troubles: Cyber attacks increased 91% in 2014, manufacturing companies most vulnerable

Ayatollah Khamenei also touched upon health insurance, urging the officials to take measures to expand health insurance, both in terms of quality and coverage.
April 8th, 2014 - 02:11 GMT

Who said Iran and the US have nothing in common? Khamenei emphasizes healthcare reform as Iran's top priority

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