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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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The campaign resulted in the arrest of a Kuwaiti and 14 transvestites – 11 Filipinos, 2 Thais and an Egyptian. (Shutterstock)
October 18th, 2018 - 06:13 GMT

Kuwait Shuts Down Massage Parlors, Deports 14 Transvestites, Citing "Immoral Acts"

The MoU establishes a framework for closer collaboration between Cisco and Data Mount.
October 18th, 2018 - 06:05 GMT

Data Mount to Build Oman’s Largest Commercial Data Center Using Cisco Technology

Constant talks are underway between the Islamic Republic and the Russian Federation to find the best approaches to reach common standards. (Shutterstock)
October 18th, 2018 - 05:56 GMT

Iran, Russia Build on Common Economic Interests to Counter US Sanctions

According to the decree published on the Official Gazette, a total of eight energy companies will make these investments. (Shutterstock)
October 18th, 2018 - 05:50 GMT

Turkey to Pump $1.5 Billion in Energy Investments in 2019

The company reported a net profit of AED 1.82 billion.
October 18th, 2018 - 05:46 GMT

Emaar Development General Meeting Approves Dh1.04 Billion Special Cash Dividend for Shareholders

The World Economic Forum’s annual study on the global economy showed that Qatar has improved its rank by two places from last year’s 32nd place out of 135 countries. (Shutterstock)
October 18th, 2018 - 05:41 GMT

Qatar Is 2nd Most Competitive Economy in Arab World

During the event
October 18th, 2018 - 05:27 GMT

Abu Dhabi International Boat Show Kicks Off Today With the Participation of 270 Exhibitors From 25 Countries

Adrian Jossa, JP Morgan Executive Director and senior Banker to the Middle East and North Africa team
October 18th, 2018 - 05:10 GMT

J.P. Morgan Names Senior Expert to Join the Middle East And North Africa Wealth Management Team

Roland Hashem, Managing Director of PROW
October 18th, 2018 - 05:00 GMT

PROW Partners With Expandium and AppCentrix

During the forum of Mr. Yasser Oudeh, General Manager of Integrated Business Solution at Al Falak Co.
October 17th, 2018 - 12:02 GMT

Al Falak Takes Part in Oracle Modern Business Forum As Gold Sponsor

Director of Dubai Customs, Ahmed Mahboob
October 17th, 2018 - 11:57 GMT

Dubai Customs Signs Information Exchange MoU’s With Dafza and DHCA

During the visit
October 17th, 2018 - 11:53 GMT

Hamdan Bin Mohamed Smart University Discusses Prospects of Cooperation to Develop Educational and Intellectual Output Between UAE and Egypt

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