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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 Saudi Industrial Development Fund (SIDF)
June 16th, 2013 - 05:00 GMT

Default rate for Saudi Industrial Development Fund loans minimal

International Monetary Fund
June 16th, 2013 - 04:30 GMT

IMF concerned about Dubai debt expansion to $142bn

Egypt bourse
June 13th, 2013 - 09:43 GMT

Egypt bourse tumbles to 11-month low on MSCI worries

Sorouh and Aldar weigh $15 billion merger plan
June 13th, 2013 - 09:39 GMT

Abu Dhabi's Aldar, Sorouh see merger closing by June 30

Dubai Expo 2020
June 13th, 2013 - 09:31 GMT

UAE pledges $150mn to support Dubai Expo 2020 participants

In Dubai, there are currently 11 plants varying from 400 megawatts to 1,400 megawatts
June 13th, 2013 - 04:30 GMT

GCC Power investments estimated at more than $250 billion in next five years

Portable PCs are projected to fall by 16 per cent for the year
June 13th, 2013 - 04:00 GMT

UAE computer sales to fall 19.7% in second quarter

 the tariff for higher categories will be substantially increased with additional imposition of a tax on consumption of over 1,000 units per month
June 13th, 2013 - 04:00 GMT

Pakistan unveils $200 billion ambitious budget

Banque Misr, National Bank of Egypt
June 12th, 2013 - 12:04 GMT

Egypt trims treasury bond auction as investors fret

The deal will be the first local currency Saudi debt issue that Standard Chartered has been involved in
June 12th, 2013 - 11:57 GMT

Saudi airports agency picks banks for huge riyal Sukuk

Emirates NBD
June 12th, 2013 - 11:16 GMT

Emirates ENBD completes purchase of BNP's Egypt arm

Fitch Ratings has upgraded the bank's Viability Ratings to 'bb-' from 'b+'
June 12th, 2013 - 11:14 GMT

Fitch upgrades Gulf Bank's Viability Rating; affirms IDR at "A+";

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