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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 new ban will take effect from May 15, 2017, as unacceptable levels of pesticides were found in food imports from five Arab countries. (AFP/ Omar Salem)
April 26th, 2017 - 08:05 GMT

UAE bans import of fruits, vegetables from five Arab countries including Lebanon and Jordan

A protester holds a poster depicting Russian President Vladimir Putin and reading “Putin, killer!” during a demonstration in Istanbul, on November 27, 2015. (AFP/ Cagdas Erdogan)
April 25th, 2017 - 03:28 GMT

Opinion: Are weapons sales the key to Russia's Middle East agenda?

Egypt said it will launch a petrochemical complex, an oil refinery, an industrial complex for solar cells and another for wind turbines, as well as factories for textiles, foodstuffs, electrical appliances and motorcycles. (AFP/ Mohamed El-Shahed)
April 25th, 2017 - 10:00 GMT

Can Egypt's $20B Suez Canal projects breathe new life into its economy?

Turkish airport staff welcome Russian tourists at Antalya airport on July 9, 2016, a few months after the two countries clashed over a Russian warplane crash in Syria. (AFP/File)
April 25th, 2017 - 08:25 GMT

Turkey gets over warplane crisis, extends visa-free travel for Russians

On Saturday, Saudi King Salman made a rare reversal in cuts to financial allowances for civil servants. (AFP/ File)
April 24th, 2017 - 01:20 GMT

Saudi Arabia cuts deficit by half in first quarter of 2017

The reported ban might have been put in place due to increasing levels of chemical pesticide residues in Jordan's agricultural products. (AFP/ Menahem Kahana)
April 24th, 2017 - 10:22 GMT

Jordan seeks verification after reported UAE ban on Jordanian vegetables

Oman has now made it easier for tourists from Iran, India, China and Russia to visit the country with a new e-Visa system. (Pixabay)
April 24th, 2017 - 09:14 GMT

Oman quadruples cost of tourist visa, eases e-Visa for four countries

Last year, thousands of migrant workers in Saudi Arabia were stuck without a job or pay. The issue was particularly felt in construction companies such as Saudi Oger and Saudi Binladin. (AFP/ File)
April 24th, 2017 - 08:41 GMT

No more working for free in Saudi: New bank account plan launched for domestic workers

In April 2017, Tunisia announced a new investment law that aims to ensure equity between domestic and foreign investors. (File photo)
April 23rd, 2017 - 07:00 GMT

Tunisia's FDI up 16.6 percent in first quarter of 2017

The current balance of trade is not in Lebanon’s favor. (Shutterstock)
April 23rd, 2017 - 03:15 GMT

Lebanon struggles to reduce its trade deficit with Russia

A fresco at Quseir Amra desert castle near the capital Amman. (Pixabay)
April 23rd, 2017 - 02:34 GMT

Jordan’s revenues from tourism up 14 percent: Central Bank of Jordan

The French will go to the polls today to pick their new president. (AFP/ Joël Saget)
April 23rd, 2017 - 12:38 GMT

France's next president will have to fix its 'ailing' economy

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