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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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Customs officers at Kuala Lumpur International Airport in Malaysia seized 330 endangered tortoises in suitcases that had been packed in cardboard boxes and falsely labeled as "stones". (AFP)
May 16th, 2017 - 07:00 GMT

Etihad Flies 330 Endangered Tortoises From Madagascar to Malaysia in Blatant Wildlife Violation

The majority of Egyptians are investing in real estate as a safe haven against the large changes in the value of the Egyptian pound. (File photo)
May 16th, 2017 - 06:00 GMT

Egyptians Turn to Real Estate, Push Prices Up 50 Percent

Saudi Aramco has appointed a new senior deputy chairman, eight executives and six deputy chairmen ahead of its much- anticipated IPO. (AFP/ File)
May 16th, 2017 - 05:00 GMT

Saudi Aramco Announces Key Appointments Ahead of IPO

15 companies are set to hire in UAE this month including Microsoft, Coca Cola and Facebook. (pexels)
May 16th, 2017 - 04:38 GMT

15 Companies Hiring in UAE in May: Apply Now

The use of mobile wallets as a means of payment will perhaps be the biggest disruption the financial sector in the UAE has ever seen. (Pixabay)
May 16th, 2017 - 04:32 GMT

Has UAE Cracked the Code to the Mobile Wallet?

HTC has officially announced the HTC U11. (Mashable)
May 16th, 2017 - 04:24 GMT

HTC Wants You to Squeeze Its New U11 (Video)

Night shifts dampen men's sex drives and reduce their ability to father children, according to a new study. (Shutterstock)
May 16th, 2017 - 04:00 GMT

Shift Work Linked to Erectile Dysfunction and Lower Sex Drive in Men, Says New Study

Donald Trump Jr. spoke at a graduation ceremony for the American University in Dubai this week. (Facebook)
May 16th, 2017 - 02:16 GMT

Donald Trump Jr. Calls for 'Diversity' at Dubai University Graduation Ceremony

Currently foreigners are only allowed to acquire property in defined tourism communities, but Oman wants to change that. (Pixabay)
May 16th, 2017 - 01:00 GMT

Oman Could Soon Relax Property Buying Rules for Expats: Official

The Chinese government is set to pump in around $40 billion into big development projects in Egypt as part of its ambitious One Belt One Road (OBOR) initiative. (AFP)
May 16th, 2017 - 12:29 GMT

Egypt Announces Heavy Chinese Investments in Vital Projects

An Emirati man with his falcon. (Pixabay)
May 16th, 2017 - 12:02 GMT

UAE’s Non-Oil Growth to Pick Up in 2017: IMF

Kuwait’s oil minister Essam Marzouk has expressed his country’s support for an oil cut deal extension previously agreed by Saudi Arabia and Russia. (AFP/ Yasser Al-Zayyat)
May 16th, 2017 - 11:30 GMT

Kuwait Backs Saudi, Russian Call to Extend Oil Output Cut Into 2018

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