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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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Mixed Egyptian pound bills
June 26th, 2013 - 09:44 GMT

Egypt debt insurance costs hit record highs

Saudi nonoil exports
June 26th, 2013 - 06:16 GMT

Saudi nonoil exports reach $13bn

Saudi Arabian Monetary Agency (SAMA)
June 26th, 2013 - 06:07 GMT

Saudi Arabian Monetary Agency assets surge 6% to $0.69 trillion

Back in Saudi, the Ministry of Housing awarded six infrastructure projects worth more than $1bn USD
June 25th, 2013 - 10:46 GMT

GCC awards construction, transport contracts worth over $39 billion in H1

Qatari Emir Sheikh Hamad bin Khalifa al-Thani awaits for France's President Francois Hollande prior to a welcoming ceremony at the Diwan Emiri as part of a two-day official visit in Doha on June 23, 2013 (BERTRAND LANGLOIS/AFP/Getty Images)
June 25th, 2013 - 10:08 GMT

Qatar Emir steps down, hands torch to son

Stack of 50 euros bills
June 25th, 2013 - 05:00 GMT

Qatar and France launch $200m investment fund

Meeting at Dubai Stock Market
June 25th, 2013 - 05:00 GMT

Dubai stocks hit one year low on Fed stimulus concerns

Arabtec
June 25th, 2013 - 05:00 GMT

Arabtec to extend $650m rights period

The transactions took almost a year to complete due to the complex structures
June 24th, 2013 - 09:29 GMT

Saudi Alhokair units sign $1.2 bn financing for real estate deals

the Swiss bank failed to pay him for helping it become lead arranger on a $9 billion asset sale by the Kuwaiti telecommunications operator Zain
June 24th, 2013 - 09:24 GMT

Kuwait sheikh sues UBS for $21.4 mn in Dubai court

Mubadala and RDIF are each committing $1 billion
June 24th, 2013 - 05:23 GMT

Russian Direct Investment Fund and Mubadala establish co-investment fund

Last August, the IMF approved a $6.2 billion precautionary line of credit for Morocco over two years while urging reforms of its subsidy and pension systems
June 23rd, 2013 - 12:19 GMT

Morocco to begin cutting subsidies in two weeks

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