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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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World Heritage Day
April 19th, 2017 - 10:29 GMT

Dubai Customs celebrates World Heritage Day

Supporters of Algerian President Abdelazziz Bouteflika gather during a political meeting ahead of the country's presidential election in 2014. (AFP/Farouk Batiche)
April 18th, 2017 - 04:59 GMT

Algeria: Dirty politics, corruption rock May 4 parliamentary elections

Saudi Arabia hopes to see at least 1 million foreign workers leave the country during this year's three-month grace period. (AFP/File)
April 18th, 2017 - 04:31 GMT

Saudi Arabia Deports More Than 5.5 Million Expat Workers in Four Years

President Recep Tayyip Erdogan owes his success largely to the growth of the Turkish economy in the past decade, but he must keep in mind that more direct investment requires political stability and a reliable legal framework. (AFP/File)
April 18th, 2017 - 02:34 GMT

What does Turkey's referendum mean for foreign investors?

Since the 25 January Revolution, Egypt's economy encountered many challenges, from political unrest and declining tourism to currency fluctuations and fuel shortages. (AFP/Khaled Desouki)
April 18th, 2017 - 01:34 GMT

Egypt's car sales drop 40 percent

Hamas security forces stand guard at Erez border crossing with Israel on March 26, 2017. (AFP/Mahmud Hams)
April 18th, 2017 - 01:01 GMT

Gaza increases tariffs on Israeli imports

Qatar revamps its work visa rules for expats amid accusations that some sectors, especially construction, are rife with abuse of migrant workers. (AFP/Karim Jaafar)
April 18th, 2017 - 12:33 GMT

Qatar changes work visa rules for expats

The introduction of a value-added tax in the GCC region may see inflation soar by as much as 1.4 per cent, but it is expected to generate $25 billion in annual tax revenue. (Pixabay)
April 18th, 2017 - 11:36 GMT

How will GCC's VAT rules impact commodities?

The event saw the signing of an agreement between Dubai Customs and the British University in Dubai (BUiD) on research and knowledge sharing.
April 18th, 2017 - 09:37 GMT

Dubai Customs signs cooperation agreement with BUiD, and unleashes innovation

Turkey voted on April 16, 2017 to accept constitutional changes proposed by Turkish President Recep Tayyip Erdogan that will usher in an executive presidency. (AFP/File)
April 17th, 2017 - 02:38 GMT

Turkey's stock market rises almost 1 percent after referendum

King of Bahrain Hamad bin Issa al-Khalifa pose with British Prime Minister Theresa May in Manama, Bahrain in December 2016. (AFP/File)
April 17th, 2017 - 12:27 GMT

Bahrain’s new financial reforms promise big payoffs for investors

Islamist-linked violence rocked Algeria in the 1990s but has since waned, although armed groups remain active in some parts of the country where they mount attacks on security forces. (AFP/File)
April 16th, 2017 - 03:02 GMT

Algeria has to improve its national security if it wants to attract more investments: EU

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