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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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UAE companies will have to allocate funds and be actively involved in social responsibility initiatives by end of 2017. (File photo)
June 14th, 2017 - 09:00 GMT

Philanthropy No Longer a Choice: UAE Makes CSR Compulsory for Companies

Abdul Basset Al Janahi, CEO of Dubai SME, and Craig Moore, Founder and CEO of Beehive, signed the MoU in the presence of senior executives from both sides.
June 13th, 2017 - 10:37 GMT

MBRF and Beehive Join Hands to Provide Digital Financing Solutions for Start-Ups

Saudi Arabia to start collecting expat levy starting next month. (AFP/ File)
June 13th, 2017 - 06:00 GMT

Expats to Pay Tax Starting From July 1 in Saudi Arabia

Boussaiba and Musabih signing the MoU
June 12th, 2017 - 10:03 GMT

FCA to Provide Advanced Inspection Devices to Dubai Customs

His Excellency Sami Al Qamzi, Director General of Dubai Economy.
June 12th, 2017 - 06:25 GMT

Dubai SME Supports More Than 23,000 Entrepreneurs Since Inception

The visit aimed at exchanging expertise and knowledge and learning about Dubai Customs’ latest practices.
June 11th, 2017 - 10:24 GMT

Dubai Customs Showcases Its Corporate Excellence Experience to Emirates Identity Authority

Gold suffered a weekly loss for the first time in five weeks. (Noah Seelam/ AFP)
June 10th, 2017 - 01:25 GMT

Business Roundup: Top 5 Things That Moved Global Markets This Week

Egypt's inflation fell 2 percent in May, compared with April. (Khaled Desouki/ AFP)
June 8th, 2017 - 05:00 GMT

Egypt’s Inflation Falls for First Time Since Pound Flotation

Former FBI Director James Comey (R) testifies before a US Senate Committee on September 27, 2016. (Yuri Gripas/ AFP)
June 8th, 2017 - 03:15 GMT

Comey Day, UK Election and Markets: 5 Things You Should Know on Thursday June 8

After half-a-decade of near stagnation and weak growth, the global economy is set on a path for more moderate expansion of around 3.8 percent in 2018. (OECD)
June 8th, 2017 - 02:19 GMT

Global Economy Better, But Still Not Good Enough: OECD

Qatari investments in Egypt are at risk. (File photo)
June 8th, 2017 - 01:40 GMT

Qatar's $1B Investments in Egypt at Risk Amid Diplomatic Rift

The UK's economy is losing momentum. (Daniel Leal-Olivas/ AFP)
June 8th, 2017 - 12:21 GMT

UK Economy to Slow Amid Brexit and Spending Squeeze: OECD

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