Latest Politics & Economics News

Last Updated: Sat, Feb 6 2016 | 9:31 AM |
Prince Alwaleed flames Donald Trump over Fox News attack
Politics & Economics»

Prince Alwaleed flames Donald Trump over Fox News attack

Sunday, 31 January 2016 1:04 PM

Saudi prince claims he ‘bailed out’ US mogul twice after Trump posted photoshopped image on Twitter

1
Turkey warns of consequences after claims Russian jet violated its airspace again
Politics & Economics»

Turkey warns of consequences after claims Russian jet violated its airspace again

Sunday, 31 January 2016 9:19 AM

Russian Defence Ministry spokesman Major-General Igor Konashenkov denied that any Russian plane had entered Turkish airspace

Bahrain says planning austerity steps in line with IMF
Politics & Economics»

Bahrain says planning austerity steps in line with IMF

Saturday, 30 January 2016 5:47 PM

Bahrain is one of several Gulf oil states using the IMF's assistance to plan economic reforms amid low crude prices

UK defence giant appoints new Middle East chief
Politics & Economics»

UK defence giant appoints new Middle East chief

Saturday, 30 January 2016 12:52 AM

BAE Systems announces appointment as defence spending in the region slows due to impact of cheap oil

Dubai sees 17% rise in new business licences in 2015
Politics & Economics»

Dubai sees 17% rise in new business licences in 2015

Saturday, 30 January 2016 12:51 AM

Department of Economic Development says increase shows Dubai remains attractive destination for firms despite cheap oil

Iran's economy could average 8% growth to 2021 post sanctions
Politics & Economics»

Iran's economy could average 8% growth to 2021 post sanctions

Friday, 29 January 2016 10:29 AM

Chief of Staff of the Presidency says country will be able to finance more investment projects with its own capital

Kuwait sees budget deficit jumping by 50% in 2016-17
Politics & Economics»

Kuwait sees budget deficit jumping by 50% in 2016-17

Friday, 29 January 2016 1:00 AM

Kuwait's finance ministry says draft budget forecasts a deficit of $40.2bn due to falling oil prices

Saudis rethink foreigners’ role in economy as oil slumps
Politics & Economics»

Saudis rethink foreigners’ role in economy as oil slumps

Friday, 29 January 2016 1:00 AM

Gulf kingdom may further ease restrictions on foreign ownership in the economy and overhaul visa systems

Saudi net foreign assets drop to $609bn in December
Politics & Economics»

Saudi net foreign assets drop to $609bn in December

Thursday, 28 January 2016 7:45 PM

Central bank assets drop 15.9% from a year earlier to their lowest level since August 2012

Saudi Arabia set to spend through oil crash to sustain output
Energy»

Saudi Arabia set to spend through oil crash to sustain output

Thursday, 28 January 2016 3:09 PM

World's biggest oil exporter says investments in oil fields must continue despite prices hitting 12-year low

Oman to allow 100% foreign ownership under new law
Politics & Economics»

Oman to allow 100% foreign ownership under new law

Thursday, 28 January 2016 1:26 PM

Draft legislation will reportedly remove $389,000 capital requirement for expat businesses

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Dubai insurers liable for $1,843 'ambulance fee'
Politics & Economics»

Dubai insurers liable for $1,843 'ambulance fee'

Thursday, 28 January 2016 1:25 PM

Fee to be paid by insurer on behalf of person that caused accident, Sheikh Hamdan announces

Sheikh Mohammed launches major public health campaign
Politics & Economics»

Sheikh Mohammed launches major public health campaign

Thursday, 28 January 2016 11:41 AM

Five-year strategy unveiled as HSBC warns poor health could affect retirement plans of half of UAE residents

BlackRock’s Fink says 400 energy firms may not survive cheap oil
Politics & Economics»

BlackRock’s Fink says 400 energy firms may not survive cheap oil

Thursday, 28 January 2016 11:22 AM

Fink said China “is frightened of the future,” with the wealthiest trying to move capital out of the country

White House dropped $10m claim in Iran prisoner deal
Politics & Economics»

White House dropped $10m claim in Iran prisoner deal

Thursday, 28 January 2016 11:12 AM

The surrender of the US claim could add to scrutiny of how the Obama administration clinched a prisoner deal that has drawn criticism from Republican presidential candidates and lawmakers


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Arabian Business Achievement KSA Awards 2015

Event recognised 12 winners from across the length and breadth of Saudi industry

Dubai ruler launches $272m global drive to combat poverty, unemployment

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In Pictures: Sheikh Rashid bin Mohammed: 1981-2015

Sheikh Rashid bin Mohammed bin Rashid Al Maktoum, who died of a heart attack on Saturday morning...

Entrepreneurs of the Week: Rania and Zaina Kanaan, co-founders of Chari Cycles

Entrepreneurs of the Week: Rania and Zaina Kanaan, co-founders of Chari Cycles

Sisters turn their passion for cycling into a social enterprise designed to help children living...

Entrepreneur of the Week: Vikas Punjabi, founder of Loco’Motion

Entrepreneur of the Week: Vikas Punjabi, founder of Loco’Motion

Firm uses the power of film to draw attention to important societal issues and inspire UAE...

Entrepreneur of the Week: Abdullah Alzabin, founder of Lumba

Entrepreneur of the Week: Abdullah Alzabin, founder of Lumba

The Arabic entertainment firm has been chosen as one of Apple’s most noteworthy gaming apps...

Entrepreneur of the Week: Thea Myhrvold, Founder of Teach Me Now

Entrepreneur of the Week: Thea Myhrvold, Founder of Teach Me Now

Her online tutorial portal recently won Infiniti's international start-up competition worth...

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