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Main headlines latest

Balenciaga's yellow plastic bag
March 25th, 2026 - 09:34 GMT
Sally Shakkour

Sally Shakkour

Fashion craze? World's most expensive yellow plastic bag becomes a trend

ALBAWABA - The internet has gone crazy over a yellow trash plastic bag, with influencers, fashion designers, and models imitating the new trend. In the past few hours, social media platforms were abuzz after a video that sparked widespread controversy, showing the owner of a luxury goods store in Turkey displaying a "bag" that looks exactly like a yellow plastic garbage bag, which is becoming a trend across the globe ...
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The grant focuses on the rehabilitation of water networks, distribution and drainage networks in Yemen and water supply stations to prepare them for civilian use. (Shutterstock)
September 30th, 2018 - 06:51 GMT

Qatar Supplies 19.3 Million Yemenis With Water and Sanitation Projects Amidst the Saudi-UAE Led War on Yemen

Egypt began setting a monthly customs exchange rate in January 2017, following the liberalization of its currency in November 2016. (Shutterstock)
September 30th, 2018 - 06:32 GMT

Egypt to Stick to EGP16 to $1 for October

European Union Foreign Policy Chief Federica Mogherini said on Wednesday a so-called Special Purpose Vehicle (SPV) will facilitate trade with Iran and it will go into force before November. (Shutterstock)
September 30th, 2018 - 06:23 GMT

Iran Urges EU to Launch the New Financial Mechanism Ahead of Looming US Sanctions

The Kingdom’s banking sector is the most secure in the Arab region, where capital adequacy in Jordan amounted to 18.5 and 17.8 per cent in 2016 and 2017, respectively. (Shutterstock)
September 30th, 2018 - 06:14 GMT

Jordan's Banking Sector Is Most Secure in the Arab World, With $70.4 Billion Assets

While employment levels remain consistent, only 11% of the total pool of employees studied were recruited in the last 12 months. That’s down by nearly 20% year over year, indicative of people staying in their jobs longer in an uncertain economic environment. (Korn Ferry)
September 30th, 2018 - 05:55 GMT

Can Saudi Strike a Balance Between Its Rising Inflation Rate and Uneconomic Salary Bonuses?

According to the annual Korn Ferry study which surveyed 600 companies across 20 economic sectors, 72 per cent of companies gave their employees a raise in 2018. (Shutterstock)
September 30th, 2018 - 05:37 GMT

Report: UAE Salaries on the Rise

Qatar Explores How Fintech Can Shape Its Future Economy. (Shutterstock)
September 27th, 2018 - 06:32 GMT

Qatar Explores How Fintech Can Shape Its Future Economy

Monday’s sessions were characterized by disorganization, and saw the endorsement of just five draft laws amid cacophonous debate. (AFP)
September 27th, 2018 - 06:28 GMT

Lebanon's Dysfunctional Parliament Endorses Bills Crucial to Economy and Healthcare

Sawiris praised some recent economic measures, including the flotation of the Egyptian pound.
September 27th, 2018 - 06:11 GMT

Sawiris Urges Egyptian Government to Loosen the Noose on Businesses

 "the summit will present the "success stories" of Tunisian start-ups, inform and discuss the different ecosystems, innovations and talents of Africa today and tomorrow." (Shutterstock)
September 27th, 2018 - 05:46 GMT

Tunisia Enters the Startup Race With Afric'up Summit

Bahrain EDB has already attracted a total of 76 companies, accounting for an investment of BD305 million. (Shutterstock)
September 27th, 2018 - 05:43 GMT

FDI Flow of $810 Million Into Bahrain Signals for a Hiring Boom

Iran, with such a rich history, is home to more than 1 million historical monuments, 34,000 nationally registered sites and 23 world heritage sites. (Shutterstock)
September 27th, 2018 - 05:25 GMT

With Oil Prices Dipping, Can Tourism Be Iran's Saviour Ahead of US Sanctions?

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