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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 number of Qataris employed by the country’s energy and industry sector has tripled from 2,900 to 9,300 in 16 years, but challenges remain. (AFP)
May 17th, 2017 - 11:30 GMT

Qatarization Will Never Thrive If Qataris Refuse to Work as Technicians: Energy Minister

Saudi Arabia's consumer price index (CPI) fell 0.8 percent in April showing a drop in consumer prices for the fourth month in a row. (File photo)
May 17th, 2017 - 07:36 GMT

Saudi Arabia's Inflation Maintains Downward Trend in April

The Chinese government is set to pump in around $40 billion into big development projects in Egypt as part of its ambitious One Belt One Road (OBOR) initiative. (AFP)
May 16th, 2017 - 12:29 GMT

Egypt Announces Heavy Chinese Investments in Vital Projects

An Emirati man with his falcon. (Pixabay)
May 16th, 2017 - 12:02 GMT

UAE’s Non-Oil Growth to Pick Up in 2017: IMF

The clock tower at Avenue Habib Bourguiba in downtown Tunis. (File photo)
May 15th, 2017 - 06:00 GMT

Tunisia's Fight Against Corruption Can Generate Billions of Dinars: Official

A view of the Galata Tower in Istanbul. (File photo)
May 15th, 2017 - 05:00 GMT

Turkey Receives $1.7 Billion in Foreign Direct Investment; a 43 Percent Increase From 2016

People buying clothes in front of Al-Husseini Mosque on December 9, 2016, in downtown Amman. (Shutterstock)
May 15th, 2017 - 01:00 GMT

Jordanian Families Spend $1,200 Monthly - on What?

Al-Aqsa Mosque, Jerusalem. (File photo)
May 15th, 2017 - 11:30 GMT

No More Euro, Dollar or Shekel: Palestinians to Have Their Own Currency Very Soon

In April, the UAE announced a ban on the imports of specific vegetables and fruits from five Middle Eastern countries over concerns about high levels of pesticides. (AFP)
May 15th, 2017 - 10:00 GMT

UAE Ban on Food Imports Will Not Affect Ramadan Markets: Ministry

Emil Michael, Uber's Chief Business Officer, is himself Egyptian. (Fox Business/ YouTube)
May 14th, 2017 - 08:00 GMT

The Future of Uber in Egypt: Interview With Emil Michael, Chief Business Officer

Saudi Arabia's first-ever budget report shows a 115 percent increase in the country's oil revenues, reaching SR112 billion ($29.8 billion) in the first quarter of 2017. (File photo)
May 14th, 2017 - 01:39 GMT

Saudi Arabia Sees 115 Percent Increase in Oil Revenues in Q1 2017: Report

Omar Bushahab, CEO of Business Registration & Licensing (BRL) in Dubai Economy
May 14th, 2017 - 10:47 GMT

Dubai Economy sees 12% increase in licenses issued in Q1 2017

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