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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 program for a high-profile gathering of global leaders, business chiefs and innovators in Riyadh next week. (Shutterstock)
October 16th, 2018 - 07:41 GMT

‘Davos in the Desert’ Attracts 150 Global Influencers to Riyadh

If Saudi Arabia does use its crude resources to hit back, it would be a break from its decades-old policy of putting petroleum above politics. (Shutterstock)
October 16th, 2018 - 07:33 GMT

Saudi Arabia Will Mix Oil With Politics If Threatened Over Khashoggi Case

Mubadala said it would consider reviving the IPO. (AFP)
October 16th, 2018 - 07:20 GMT

Abu Dhabi Cancels Cepsa's IPO as Investors Recoil

Masayoshi Son has already paid a price for his close ties to Saudi Arabia. It could soon go much higher. (AFP)
October 16th, 2018 - 07:12 GMT

How the Khashoggi Case Is Costing Softbank's Son 19 Percent of Stocks Losses

Prices jumped so fast that the $85 barrier was broken, with expectations that it would reach $90. (Shutterstock)
October 16th, 2018 - 06:37 GMT

Opinion: Oil Prices Will Continue to Rise, and Here's Why

Automobile spare parts market is one of the lucrative trade areas in the Kingdom. (Shutterstock)
October 16th, 2018 - 06:32 GMT

Automobile Sector Jobs Finds Favour With Young Saudis

The UAE has the youngest population in the GCC with 50 per cent under 20 years old. (Shutterstock)
October 16th, 2018 - 06:26 GMT

Jobs for Locals Top Priority on GCC Strategy

Kiss Me Not follows a young and ambitious Egyptian director who faces issues while shooting a kissing scene in his new film with the leading actress Fajr who decides to pursue a more religious path.
October 16th, 2018 - 06:14 GMT

MAD Solutions Boasts Seven Films at the Palestine Cinema Days

HE Saeed Al Nabouda, Acting Director General at Dubai Culture.
October 16th, 2018 - 06:05 GMT

Dubai Culture Announces Islamic Creative Economy Competition in Partnership With DIEDC

Mohammed Ali Rashid Lootah, CEO of CCCP
October 16th, 2018 - 05:56 GMT

DED Alerts Businesses and Entrepreneurs on Unauthorised Events and Offers on Project Financing

During the event
October 16th, 2018 - 05:42 GMT

Six Leading Hotels in Oman Join Forces for World Food Day Drive

PCFC is taking part in the Gitex Technology Week 2018 under the theme “Future Transformations Gate”.
October 16th, 2018 - 05:21 GMT

PCFC’s Stand at Gitex 2018 Sees Heavy Footfall

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