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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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Dubai led losses across Middle East bourses and sharply underperformed emerging market losses globally - MSCI's emerging market index was down 1.3 percent.
August 27th, 2013 - 12:16 GMT

An irrational development: Dubai bourse plummets most since 2009 due to Syrian crisis

“This dispute has serious foreign relations implications, evidenced by the filings of three governments in the courts below, in which U.S. ally Jordan protested that the sanctions ‘severely infringe’ its sovereignty and ‘punish Arab Bank for not violating Jordanian law.’”
August 27th, 2013 - 12:03 GMT

Jordan's Arab Bank acquitted by NY federal court from thousands of charges!

The construction and commissioning of those thermal power plants in Turkey’s Afsin-Elbistan region would have created more than 10,000 jobs.
August 27th, 2013 - 11:14 GMT

When money talks politics: Taqa to withdraw $12 billion investment from Turkey

The UAE retail sector is expected to continue with its buoyancy during the second half as well.
August 27th, 2013 - 10:58 GMT

Eid comes early? Might not be the case for children, but "back to school" is retailers' new Eid

The Putin-Bandar meeting was injected with threats of a “dramatic turn of events” in Syria (Photo Credit: Getty images).
August 27th, 2013 - 10:31 GMT

Futile or dangerous? Saudi Arabi attempts to seduce Russia with lucrative oil and gas deal

According to Bino, the ACC has referred major cases to the judiciary (Courtesy of: the Jordan Times).
August 27th, 2013 - 08:01 GMT

A brighter future? Jordan says it's winning the battle against corruption

Japan also hopes to bolster ties to secure a stable supply of energy as about 76 per cent of Japan's imports of crude came from Gulf states as of 201. PicturedL Japanese Prime Minister, Shinzo Abe (Photo Credit: Getty images).
August 27th, 2013 - 07:19 GMT

Yup, it wasn't just about food: Bahrain to become a trade hub for Japan

Meanwhile, on the business front, Japan pushed for a Free Trade Agreement (FTA) with the GCC to boost trade ties. Meanwhile, on the business front, Japan pushed for a Free Trade Agreement (FTA) with the GCC to boost trade ties (Pictured: Japan Fokoshima Disaster).
August 26th, 2013 - 01:57 GMT

Stepping stone for a trade agreement? Bahrain becomes first GCC state to lift import ban on Japanese food after nuclear disaster

The unified GCC visa would not cancel the existing system of a single GCC country visa
August 26th, 2013 - 12:23 GMT

Doing it the Schengen way? GCC to introduce unified visa in mid-2014

Saudi Arabia is creating several new cities across the kingdom, particularly near the religious cities of Makkah and Medinah, as its population rapidly grows.
August 26th, 2013 - 11:52 GMT

Saudi Arabia about to build a whole new city next to Mecca!

More financial institutions in the country are placing their bets on online banking, rolling out a number of strategies geared towards reducing branch visits and reducing operational costs, and enabling customers to save time.
August 26th, 2013 - 11:07 GMT

UAE banks to jump on the online bandwagon

Prime real estate prices in Dubai have increased by 21.6 per cent over the past year, making it the second best performing market in the world.
August 26th, 2013 - 10:02 GMT

Bubble or Impeccable recovery? Dubai shares at five-year high!

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