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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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Ooredoo held an Iftar feast for the children of the Kuwait Down Syndrome Center.
May 31st, 2017 - 03:40 GMT

Ooredoo delivers meals to the needy across Kuwait

Sudan has banned all agricultural and animal product imports from Egypt amid growing tensions between the two countries. (Gianluigi Guercia/ AFP)
May 30th, 2017 - 08:00 GMT

Sudan Bans Egypt's Imports Amid Growing Tensions

The European Union has announced the extension of sanctions against Syrian authorities until June 1, 2018. (Daniel Leal-Olivas/ AFP)
May 30th, 2017 - 07:00 GMT

EU Extends Sanctions Against Syria to June 2018

Global trade is expected to recover in 2017 as the factors that drove the slowdown have gone into reverse. (Pixabay)
May 30th, 2017 - 06:00 GMT

Global Trade Expected to Recover in 2017, After a Sad 2016

The UAE Ministry of Energy on Sunday announced new fuel prices for June. (Piixabay)
May 30th, 2017 - 05:38 GMT

UAE Announces New Fuel Prices for June

We still don't know when the Samsung Galaxy J5 and J7 will come out, but with leaks arriving fast, it could be soon. (Tbreak)
May 30th, 2017 - 05:31 GMT

Russian Website Leaks Specs for Samsung Galaxy J5 and J7

The Ministry of Commerce and Investment announced the closure of a factory in Buraidah for refilling Zamzam water bottles with normal water. (The Saudi Gazette)
May 30th, 2017 - 05:23 GMT

Beware of Fake Zamzam Water, Warns Saudi Arabia!

Due to be implemented on 1 January 2018, IFRS 9 requires banks to take a more forward-looking approach to provisioning. (AFP)
May 30th, 2017 - 05:00 GMT

Impact of IFRS 9 on GCC Banks Will Be ‘Manageable’: S&P

Dubai’s strong performance could be attributed to numerous corporate events, such as the Arabian Travel Market and the Arabian Hotel Investment Conference. (File photo)
May 30th, 2017 - 02:00 GMT

Dubai Posts Strongest Hotel Performance in MENA: Report

A good manager knows how to embrace change and let others embrace it too. (Pixabay)
May 30th, 2017 - 01:04 GMT

A Manager's Guide to Creating a Company that Thrives on Change

Municipality workers on Sunday moved 3,600 tonnes of waste, a significant increase from the daily average of 3,000 tonnes. (Hazem Bader/ AFP)
May 30th, 2017 - 01:00 GMT

Jordanians Waste Too Much Food on First Few Days of Ramadan: Report

Malaysia leads the global list of countries for the highest sukuk issuance (57 percent), followed by Saudi Arabia (16 percent) and the UAE (10 percent). (Shutterstock)
May 30th, 2017 - 12:52 GMT

Weighing the Advantages and Risks of Sukuk

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