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BUSINESS

BUSINESS latest

Iraqi money
July 3rd, 2026 - 06:13 GMT
Osama Ali

Osama Ali

Iraq's corruption crackdown uncovers wealth beyond belief, judge says

ALBAWABA — More than $2 trillion has been stolen from Iraq since 2003, according to Iraqi legal adviser and judge Munir Haddad, who said the scale of corruption uncovered by ongoing investigations exceeds anything previously imagined. Haddad said security and judicial authorities continue to arrest new suspects as investigations expand, with daily raids uncovering additional evidence. He noted that detailed confessions from key detainees have led investigators to other alleged ...
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Workers at an onshore Iranian oil facility. (PressTV)
November 6th, 2018 - 08:42 GMT

Iran to Turn to Domestic Resources to Lessen Sanctions Impact

The UAE banks have added 1,116 workers year-to-date with local banks hiring 1,176 while foreign banks shedding 60 workers in the first 9 months of 2018. (Shutterstock)
November 6th, 2018 - 08:16 GMT

These Are the UAE Banks That Are Hiring and Firing

US Actions May Destabilize Oil Market. (Shutterstock)
November 6th, 2018 - 08:12 GMT

Russia Says US Actions Undermine Opec+ Efforts

The conference will address the continent’s social, economic and political challenges and the available incentives to promote business in Africa. (WAM)
November 6th, 2018 - 08:07 GMT

‘Africa Investment Conference’ Coming to Dubai

Hotels are increasingly looking out for local talent across operational and functional areas as part of their commitment to Emiratisation. (Shutterstock)
November 6th, 2018 - 08:00 GMT

UAE Hospitality Sector Pivotal in Emiratisation With Booming Hotel Industry

All products and services will remain the same under the FAB Islamic brand. (File/ photo)
November 6th, 2018 - 07:49 GMT

FAB Enters the Islamic Banking Arena

Bahrain has lower costs than any other Gulf Cooperation Council (GCC) country for cross-border internet connectivity, a critical metric for an ICT hub. (Shutterstock)
November 6th, 2018 - 07:44 GMT

Bahrain Leads the GCC's $1.5 Trillion Market in Terms of Doing Business

The impact of the sanctions was felt early on, with their announcement in May driving many companies to abandon Iran, causing the value of its currency to plummet. (Shutterstock)
November 6th, 2018 - 07:27 GMT

US Sanctions on Iran Go Beyond Oil

US top market for Turkish carpet exports, says head of carpet exporters association.
November 6th, 2018 - 07:17 GMT

Turkey Escorts the US on a $500 Million Carpet Ride, as Iran Sanctions Go Live

Iran Positive No One Can Replace Its Oil Output, Despite Saudi and US Claims. (Shutterstock)
November 6th, 2018 - 07:05 GMT

Iran Positive No One Can Replace Its Oil Output, Despite Saudi and US Claims

Transguard Group has announced the construction of new accommodation for 2,708 employees in Dubai South close to Jebel Ali port.
November 6th, 2018 - 06:54 GMT

Transguard Announces New Dh114 Million Staff Accommodation Complex

The Journey
November 6th, 2018 - 06:41 GMT

Three Films Distributed by MAD Solutions Screen at the Ishbilia Theatre and Art-Hub in November

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