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Economy and Policy

Economy and Policy latest

Ali Al-Zaidi
June 27th, 2026 - 10:35 GMT
P. Choiaqo

P. Choiaqo

Iraq’s new PM begins a long battle against entrenched corruption in Iraq by seizing $86 million

ALBAWABA -Ali Al-Zaidi, Iraq’s new and youngest PM ever, has begun a battle against corruption - making the first move by seizing $86 million in cash alongside properties, vehicles, and gold. Corruption is a long-standing issue in Iraq; especially in the public sector - something already widely known by the Iraqi populace. However, Iraq’s new and youngest PM seems to be giving Iraqis a breath of fresh air; opening investigations ...
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US President Donald Trump and Saudi Deputy Crown Prince and Defense Minister Mohammed bin Salman speak to the media in the Oval Office at the White House in Washington, DC, on March 14, 2017.(AFP)
February 20th, 2019 - 07:59 GMT

US Investigating Trump-Saudi Nuclear Deal

Nearly 400 Saudi and Indian businessmen are expected to take part. (Shutterstock)
February 20th, 2019 - 07:24 GMT

Saudi-Indian Forum to Explore Bilateral Business Opportunities

China on Monday rejected the position of the US on Huawei. (Shutterstock)
February 19th, 2019 - 11:50 GMT

China Refuses US Position on Huawei

The collapse of trade talks would trigger a new round of tariff hikes. (Shutterstock)
February 19th, 2019 - 11:47 GMT

Will US-China Trade Deal Be Enough?

The South Korean ambassador to Turkey said Monday a deal signed last August will boost trade volume between the two countries. (Shutterstock)
February 19th, 2019 - 10:53 GMT

Turkey, S.Korea, Sign a Deal to Boost Trade Volume

Electricity across Lebanon should be restored to its normal levels by the start of Thursday. (Shutterstock)
February 19th, 2019 - 10:06 GMT

At Last, Lebanon’s Electricity to Return to Normal by Wednesday

Islamabad has had a unique relationship with the Kingdom. (Shutterstock)
February 19th, 2019 - 08:56 GMT

Saudi Arabia, Pakistan ‘The Dawn of a New Relationship’

Saudi Crown Prince Mohammed bin Salman and Pakistan's Prime Minister. (AFP)
February 19th, 2019 - 08:03 GMT

Pakistan Aims to Secure up to $50 Billion Foreign Investment in Five Years

The visit by Prince Mohammed follows the highly successful trip of Modi to that country in April 2016. (Shutterstock)
February 19th, 2019 - 07:49 GMT

After Pakistan, Saudi Arabia to Boost Bilateral Ties With India

Gold production is now Sudan’s main source of hard currency after the secession of South Sudan. (Shutterstock)
February 18th, 2019 - 12:11 GMT

Gold Production Reaches 93 Tons in Sudan

Iranian Foreign Minister Mohammad Javad Zarif speaks during the Munich Security Conference in Munich, Germany, Sunday, Feb. 17, 2019. (AFP/ File Photo)
February 18th, 2019 - 10:52 GMT

Iran Demands Europe to Increase Efforts to Save Nuclear Deal

Lebanon’s rating is now on par with countries including Iraq, Gabon and Zambia. (Shutterstock)
February 18th, 2019 - 10:39 GMT

Lebanese Banks Seek Reforms' Implementation to Drop Interest Rates

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