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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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OPEC reported its lowest output in over two years in December 2013 (File Archive)
February 2nd, 2014 - 12:00 GMT

Thank you Libya? Why OPEC's output is finally on the rise after December low

Al Bawaba
February 2nd, 2014 - 11:00 GMT

Older, but not wiser: Lack of trained UAE healthcare workers' increasing concern for growing elderly population

Oman has the main ingredients to be not only an international player, but also a hub for trade and transit
February 2nd, 2014 - 08:59 GMT

Oman to become a major player in global trade, says WTO chief

While Abu Dhabi is known for attracting business tourism, it is increasingly becoming a destination for leisure tourism as well (File Archive)
February 2nd, 2014 - 08:44 GMT

Not just business: Why leisure tourists are flocking to Abu Dhabi

Of the 2.228 million bpd exported in January, 2.036 came from Basra and 192,000 from Kirkuk,
February 2nd, 2014 - 04:55 GMT

Blaming pipelines, blaming Kurdistan?Iraqi crude oil exports hit new low

According to the McKinsey Global Private Banking Survey 2013, the total high net worth wealth in the Middle East is predicted to increase by $3.3 trillion by 2014.
February 2nd, 2014 - 04:11 GMT

World's most luxurious superyachts coming to the GULF

During Erdogan’s stay, Iran and Turkey signed a number of agreements, including a preferential trade agreement, which can dramatically increase the trade ties between the two countries.
January 31st, 2014 - 12:26 GMT

Talk about preferential trade: Khomeini says Turkey, Iran are enjoying 'best relations in history'

Iraq is poised to triple its crude oil output from three million barrels per day to nine million by 2020.
January 30th, 2014 - 08:03 GMT

Beware Saudi Arabia! Iran, Iraq plan to join forces and crash the world's oil market

The ban on investing in the firms revived a three-year prohibition on them that the Government Pension Fund of Norway had dropped in August last year.
January 30th, 2014 - 07:43 GMT

Can we say we have a trend here? World's largest sovereign wealth fund blacklists two Israeli firms over settlement activity

Al Bawaba
January 30th, 2014 - 12:01 GMT

Mmm! Arabian perfume company spreading sweet scents to UK audiences

Al Bawaba
January 30th, 2014 - 10:50 GMT

Saudi is giving how much aid funding to Egypt?!?!

India and Bahrain have a trading relationship that stretches back thousands of years
January 30th, 2014 - 09:55 GMT

Bahrain seeking to bolster India trade

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