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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 award was received on behalf of Dubai Customs by Khalil Saqer Bin Gharib, director of Corporate Communication Department.
June 19th, 2017 - 09:15 GMT

Dubai Customs Grabs Watani Emarat Humanitarian Work Award

A statue of Ramses II. (Pixabay)
June 18th, 2017 - 03:30 GMT

Rise of the Pharaoh: Egypt's GDP Grows 25 Percent, Tourism Up 80 Percent

King Salman. (AFP/ File)
June 18th, 2017 - 03:16 GMT

Saudi Arabia: Revamped Prosecution Office Now Directly Under King

Qatar announced its plan to buy 36 F-15 jets from the US. (AFP/ File)
June 18th, 2017 - 02:29 GMT

Qatar Finalizes $12-Billion Arms Deal Despite Trump’s Twitter Rant

The second meeting of the Board of Trustees of the pharmaceutical sector
June 18th, 2017 - 06:36 GMT

Ministry of Health and Prevention Chairs Second Meeting of Board of Trustees of the Pharmaceutical Sector

Chairwoman of the US Federal Reserve Board Janet Yellen. (AFP)
June 15th, 2017 - 10:09 GMT

US Federal Reserve Raises Interest Rates, Unveils Balance Sheet Cuts for 2017

Trash builds up in Lebanon's capital. (Joseph Eid/ AFP)
June 15th, 2017 - 08:07 GMT

Corruption At the Heart of Lebanon's Garbage Crisis: Report

People protesting Egypt ceding sovereignty over the islands to Saudi Arabia at a demonstration in Cairo on June 13, 2017. (Muhammad Abd El Ghany/ Reuters)
June 15th, 2017 - 07:28 GMT

It's Done: Egypt Approves Red Sea Islands Transfer to Saudi Arabia

IMF's chief Christine Lagarde says loans to countries like Tunisia are a 'token of support'. (AFP/ File)
June 14th, 2017 - 09:00 GMT

IMF's Second Loan Installment to Tunisia a 'Token of Support': Lagarde

Saudi Arabia has plans for a free economic zone in Jeddah. (JEC)
June 14th, 2017 - 06:00 GMT

Saudi Arabia to Launch a New Free Economic Zone in Jeddah

The US and Europe were Turkey's top destinations for its military exports last year. (AFP/ File)
June 14th, 2017 - 05:00 GMT

Turkey's Military Industry Grows Over 20 Percent: Report

German Chancellor Angela Merkel and other leaders pose for a picture during the two-day G20-Africa partnership investment conference in Berlin on June 12, 2017. (John Macdougall/ AFP)
June 14th, 2017 - 01:38 GMT

Germany Announces $338 Million of Financial Aid to Tunisia

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