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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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Oman was Qatar’s top non-oil exports destination in August, with 45 percent of the total exports. (File photo)
October 2nd, 2017 - 11:49 GMT

Qatar’s Non-Oil Exports up 35 Percent in August, Despite Blockade

Hospitals and clinics in Kuwait to apply new fees for expats, starting Sunday. (AFP)
October 1st, 2017 - 01:43 GMT

Kuwait Sees Significant Increase in Expat Medical Fees, Starting October 1

Smokers in the UAE will now be paying 100 percent more for a pack of cigarettes. (File photo)
October 1st, 2017 - 11:11 GMT

Sin Tax Comes Into Effect in UAE, Starting Today

Bader Buhannad, Executive Vice President Strategy, Business Services and Risk Management at DSOA
October 1st, 2017 - 06:55 GMT

DSOA to Host First-Of-Its-Kind Islamic Lifestyle Mini Bootcamp

The workshop presented plans and needs of Abu Dhabi city’s street lighting system through replacing the existing street lighting units (HPS and MH) with LED Luminaires.
October 1st, 2017 - 06:24 GMT

ADM to Start Implementation of ‘Abu Dhabi Lighting’ Project for Replacing Streetlights by Led Lights in Q1 of 2018

Turkey will allocate an additional $2.2 billion of tax revenues towards the defense industry. (AFP/ File)
September 28th, 2017 - 02:04 GMT

Turkey to Boost Military Spending in Wake of Kurdistan Referendum: Minister

Iraq has ordered international airlines to halt services to Erbil, the Kurdish capital, and Sulaimaniyah, its second city, beginning Friday evening. (Ozak Kose/ AFP)
September 28th, 2017 - 11:12 GMT

Iraq Steps up Efforts to Isolate Kurdistan, Halts All Flights to Erbil

The UAE's huge appeal is making expats stay in the country for the longer term. (File photo)
September 28th, 2017 - 10:35 GMT

More and More Expats Move to the UAE for the Long Haul: HSBC Report

The bank aims to strengthen Islamic finance and support Tunisia's private sector. (File photo)
September 27th, 2017 - 12:45 GMT

Saudi Arabia's IDB Invests $1.5 Billion in Development Projects in Tunisia

Last year, Saudi Arabia’s economy grew by 1.7 percent. Pictured here: King Salman. (AFP/ File)
September 27th, 2017 - 10:37 GMT

Saudi Economy Grew in 2016 Despite Global Slump: Report

Qatar has expressed its plans to support and strengthen national food products. (AFP/ File)
September 25th, 2017 - 12:17 GMT

Qatar Eyes Self-Sufficiency in Food, Medicine Products

$15 million will help support basic programmes for Palestinian refugees. (AFP/ File)
September 24th, 2017 - 01:21 GMT

UAE Donates $30 Million to UNRWA, UN Women

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