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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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A report predicts that the two hurricanes will cause nearly $250 billion worth of damage. (AFP/ File)
September 11th, 2017 - 12:43 GMT

Hurricanes Harvey, Irma to Cause $250 Billion Worth of Damage (Podcast)

The workshop discussed several issues, including the risks of heat stress, its adverse impacts on the workers, symptoms, treatment and prevention methods.
September 11th, 2017 - 07:28 GMT

ADM Discusses With Partners Reducing Concrete Spill-off on Roads Nearby Construction Sites

Russia is considered Sudan's top military partner. (WikiImages/ Pixabay)
September 10th, 2017 - 02:57 GMT

Russia Eyes Joint Investment Projects in Sudan, Including Military

The two parties reported their achievements in the development of cooperative frameworks in several vital areas of common interest since the fifth session of the Joint Economic Committee.
September 10th, 2017 - 09:00 GMT

6th UAE-China Joint Economic Committee Meeting Concludes

Qatar exchange witnessed the steepest monthly drop in August on the back of the ongoing political deadlock with its neighbors. (AFP/ File)
September 6th, 2017 - 11:08 GMT

The Best and Worst Performing Stock Markets in GCC for 2017

The negative outlook reflects a reduction in the government’s ability to support banks, weaker economic growth and tightening liquidity. (File photo)
September 6th, 2017 - 10:10 GMT

Moody’s Cuts Oman Banking Outlook on Weak Government Support, Poor Growth

Last month, Kuwait announced new healthcare costs for expats working in the country. (AFP/ File)
September 5th, 2017 - 11:16 GMT

Kuwait Launches 'Excess Foreigner' Tax for Companies With More Than 50 Percent Expats

Kuwait's investments in the US include stocks, bonds, real estate and technology. (Shutterstock)
September 4th, 2017 - 02:31 GMT

Kuwait Has More Than $300 Billion of Investments in US: Report

Saudi Arabia has nearly doubled its purchases of US corn this year. (Shutterstock)
September 4th, 2017 - 02:12 GMT

Saudi Arabia Doubles US Corn Imports in 2017: Report

The move is expected to encourage exports to countries such as Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan. (File photo)
September 4th, 2017 - 02:01 GMT

Iran Lifts Tariffs on Food Exports to Eurasian Countries

The new VAT will be effective from January 1, 2018. (File photo)
September 4th, 2017 - 01:56 GMT

Saudi Arabia Issues Final VAT Implementing Regulations: Details

The data gathered keeps track of the daily total number of pilgrims, classified by their nationalities, time and place of arrival and vehicle types. (SPA)
August 31st, 2017 - 12:46 GMT

Saudi Arabia Uses 400 Statisticians, High-Tech System to Track Hajj Data

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