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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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There are a few mistakes hiring managers make when hiring fresh graduates. (Shutterstock)
November 5th, 2018 - 09:32 GMT

Avoid These 3 Mistakes, and You Can Hire the Best Fresh Graduates

Expo 2020 is looking for people to join the dynamic team and is keen to tap the best of world-class talent. (KhT)
November 5th, 2018 - 09:27 GMT

Dubai Expo 2020 Unveils New Job Openings; This Is How to Apply

The energy industry, which was the highest paying sector earlier, has not seen a downward shift with a projected hike of four per cent, which is below the market average. (Shutterstock)
November 5th, 2018 - 09:16 GMT

UAE Employees to Expect 4.8 Percent Raise on Salaries

The Nintendo Switch has been going from strength to strength since its launch last year. (TechRadar)
November 5th, 2018 - 09:07 GMT

Youtube to Land on the Nintendo Switch This Month

After the introduction of VAT in a country, businesses discover that their entire business ecosystem are also part of their business. (Shutterstock)
November 5th, 2018 - 08:55 GMT

What to Look out for When VAT in Bahrain Is Implemented

Boost to oil and gas output to help firm become self-sufficient. (File/ photo)
November 5th, 2018 - 08:43 GMT

UAE's ADNOC to Increase Oil Output Thanks to Dh486 Billion Government Back-Up

The financing is the largest project financing and the largest Shari'ah-compliant facility for a green field project in Oman. (Shuterstock)
November 5th, 2018 - 08:36 GMT

Oman’s Duqm Refinery Gets $4.6 Billion Project Financing

The bigger chunk of the increase, $13.2 billion, is the result of an increase in debt-servicing costs over the past year, including paid installments of $11.1 billion and interest payments of $2.1 billion. (Shutterstock)
November 5th, 2018 - 08:30 GMT

Egypt's Foreign Debt to Reach $98.863 Billion by End of Fiscal Year

Joint oil and gas fields are important for all countries in the region, with all countries which share oil and gas fields with Iran gaining billions from their procurement. (Shutterstock)
November 5th, 2018 - 08:25 GMT

What Is the Fate of Iran's Shared Oil and Gas Fields With Iraq and Saudi, Now That the US Sanctions Are Imposed?

Passengers who book their tickets during this sales period can travel any time between Nov. 22, 2018 and March 20, 2019, for a maximum stay of 30 days and a minimum stay of three days.
November 5th, 2018 - 08:16 GMT

RJ Sales Promo 'These Fares Are Not Fair!' Is Back!

There are expectations in Egypt that the Red Sea will be the next major exploration frontier. (Shutterstock)
November 5th, 2018 - 08:12 GMT

After Tourism, Egypt to Exploit the Red Sea for Hydrocarbons

Now producing 4.78 million barrels per day (bpd), as the head of the National Oil Company stated, Iraq boasts the world’s fourth-largest oil reserves after Saudi Arabia, Canada and Iran. (Shutterstock)
November 5th, 2018 - 08:04 GMT

Where Are All the Benefits From Being Fourth Largest Oil Producer in the World, Ask Iraqis?

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