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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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Contractors engaged on the 2022 FIFA World Cup projects have agreed to reimburse more than QR52.5 million to thousands of workers who paid recruitment fees prior to moving to Qatar. (Shutterstock)
October 22nd, 2018 - 07:04 GMT

Qatar's World Cup 2022 Contractors Provide Workers With $14.4 Million to Pay off Recruitment Fees

Qatar reported a fiscal surplus of QR1.04 billion in the first quarter of 2018 after posting fiscal deficit of QR35 billion in 2017. (Shutterstock)
October 22nd, 2018 - 06:58 GMT

Qatar's Budget to See Surplus in 2018, 2019

Qasim Al-Fahdawi, Minister of Electricity, and Joe Kaeser, president and CEO of Siemens AG. (Trade Arabia)
October 22nd, 2018 - 06:53 GMT

Siemens Power Project a Lifeline for Iraq's Struggling Economy

Iran, Russia, India Alliance to Forge Strong Economic Ties Ahead of US Sanctions. (Shutterstock)
October 22nd, 2018 - 06:46 GMT

Iran, Russia, India Alliance to Forge Strong Economic Ties Ahead of US Sanctions

The fishermen were shocked when they were prevented from fishing in the Kuwaiti waters which was helping them in covering their expenses. (Shutterstock)
October 22nd, 2018 - 06:41 GMT

Ban on Shrimp Fishing in Kuwait Forces 70 Percent of Egyptians to Leave Country for Good

The statistics show that 1,038 properties were purchased by GCC nationals in August 2018. (Shutterstock)
October 22nd, 2018 - 06:31 GMT

This Country Is the Preferred Choice for GCC Citizens Property Investments, and Its Neither Dubai nor Lebanon

The Saudi index closed up 0.2 percent on Sunday after falling as much as 3.5 percent earlier in the session. (AFP)
October 22nd, 2018 - 06:25 GMT

Foreigners Sell $1.1 Billion of Saudi Stocks as Khashoggi Death Spooks Investors

So far $8 billion has reached Egyptian coffers. (Shutterstock)
October 22nd, 2018 - 06:05 GMT

Egypt's Economy Is Improving, but IMF Obligations Remain

“Lebanon has a lot of assets. It has properties. It owns all its public facilities and should expect big incomes estimated at more than $300 billion from oil and gas. (Shutterstock)
October 22nd, 2018 - 05:59 GMT

Private Sector Could Save Lebanon's Economy, but Politics Should Pitch In

Dr. Nabeel Al-Salem, Chief Advisor Partnerships, QF RDI
October 22nd, 2018 - 05:54 GMT

Qatar Foundation Research, Development and Innovation Participates in Global Technology Meet in Japan

Dr. Abdullah bin Hassan Alabdulgader, Chairman of the Board
October 22nd, 2018 - 05:39 GMT

Gulf International Bank Announces New Board of Directors

ADSSSA launches ADPay in collaboration with First Abu Dhabi Bank
October 22nd, 2018 - 05:21 GMT

ADSSSA Launches ADPay in Collaboration With First Abu Dhabi Bank

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