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Economy and Policy

Economy and Policy latest

Ali Al-Zaidi
June 27th, 2026 - 10:35 GMT
P. Choiaqo

P. Choiaqo

Iraq’s new PM begins a long battle against entrenched corruption in Iraq by seizing $86 million

ALBAWABA -Ali Al-Zaidi, Iraq’s new and youngest PM ever, has begun a battle against corruption - making the first move by seizing $86 million in cash alongside properties, vehicles, and gold. Corruption is a long-standing issue in Iraq; especially in the public sector - something already widely known by the Iraqi populace. However, Iraq’s new and youngest PM seems to be giving Iraqis a breath of fresh air; opening investigations ...
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The free zone will cater to major regional and international manufacturers to store their goods in warehouses to be shipped later to local markets via e-commerce. (Shutterstock)
October 29th, 2017 - 11:37 GMT

Dubai Launches First-Ever E-Commerce Free Zone in Middle East Region

The campaign also meant to verify the enforcement of public safety and environmental protection laws in the surroundings of construction sites.
October 29th, 2017 - 06:22 GMT

Abu Dhabi City Municipality Issues 244 Construction Site Offences in Al Shamkha

The project is the world’s first zone to extend across three countries, stretching its borders into neighboring Jordan and Egypt. (Shutterstock)
October 24th, 2017 - 05:00 GMT

Saudi Arabia Unveils $500 Billion Mega City on Border With Jordan, Egypt

Abu Dhabi is contemplating a new visa scheme exclusively for entrepreneurs and startups. (File photo)
October 24th, 2017 - 10:36 GMT

Abu Dhabi Mulls New Visa for Start-Ups, Entrepreneurs

The validity of employment visas issued by the Saudi Ministry of Labor for the private sector has been reduced from two years to one year. (AFP/ File)
October 24th, 2017 - 10:14 GMT

Saudi Arabia Reduces Work Visa Validity for Private Sector to One Year

Dozens of the biggest names in global business are making the trip to Riyadh today, including IMF chief Christine Lagarde. (Cristobal Bouroncle/ AFP)
October 24th, 2017 - 09:53 GMT

Major Investment Conference Kicks off in Saudi Arabia

In this opinion piece, Vitaliy Katsenelson explains why some under-performing companies, like Coca-Cola, still have good stocks, while the opposite is not always true. (File photo)
October 23rd, 2017 - 02:17 GMT

Opinion: Why Good Companies Don't Always Make Good Stocks

Hiring mothers of Saudi men and women and children of Saudi women is now part of the country's Saudization plans. (AFP)
October 23rd, 2017 - 11:06 GMT

Children of Saudi Women, Foreign Mothers of Saudis to Have Saudi Jobs

The Municipality has carried out a campaign aimed at controlling the phenomenon of random and unlicensed markets in Abu Dhabi.
October 23rd, 2017 - 10:53 GMT

Abu Dhabi City Municipality Cracks Down on Random Markets

The park will be set up using 'collective outsourcing', a concept that has been successfully used in many economic projects where members of the community contribute small shares.  (Pictured here: Hussain Nasser Lootah, the Director-General of Dubai Municipality and Dr. Hamad Al Hammadi, the Secretary-General of the Mohammed bin Rashid Centre.)
October 23rd, 2017 - 08:03 GMT

Dubai Starts Work on World's First Charity Park

Dubai-based Emaar Properties today confirmed plans to sell a 20 percent stake in its real estate development business. (File photo)
October 22nd, 2017 - 05:00 GMT

UAE, the Middle East’s IPO Haven?

Qatar has announced a new draft law that seeks to protect and boost local production. (File photo)
October 22nd, 2017 - 01:36 GMT

Qatar Announces New Draft Law to Boost National Products

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