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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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Links to the EU help Iran have a more diversified trade and foreign policy. (Shutterstock)
February 18th, 2019 - 10:30 GMT

Is INSTEX Just a ‘Political Act’?

A sense of increased optimism and confidence has been noticed among the region’s wealthy in the context of the regional economy. (Shutterstock)
February 18th, 2019 - 09:43 GMT

GCC’s Wealthy Optimistic About Regional Economy

UAE citizens will be able to travel to Russia without prior visas. (Shutterstock)
February 18th, 2019 - 09:01 GMT

UAE Nationals Can Now Travel to Russia Without Pre-Entry Visa

Germany will help qualify Jordanian products to enter the European market. (Shutterstock)
February 18th, 2019 - 07:56 GMT

Germany to Help Jordan Export Its Products to EU Market

The Trump administration may be talking tough about reducing Iranian crude exports to “zero” through its imposed sanctions on Tehran. (AFP)
February 17th, 2019 - 12:46 GMT

Will Trump Grant Any Waivers to Sanctions Against Iran?

Iran regretted the hesitation of China in developing Phase 11 of South Pars Gas Field in southern Iran. (Shutterstock)
February 17th, 2019 - 10:35 GMT

Iran Regrets China’s Hesitation in Developing Gas Field in Southern Iran

The Egyptian Central Bank’s Monetary Policy Committee (MPC) said it has cut its main interest rates by a percentage point each. (Shutterstock)
February 17th, 2019 - 10:06 GMT

Egypt’s Central Bank Cuts Interest Rates by 1 Percent As Price Pressures Ease

Over $10 billion worth of foreign investment was approved in Iran in last year. (Shutterstock)
February 17th, 2019 - 09:20 GMT

Iran Approves $3.5 Billion Worth of Foreign Direct Investment

Turkish lira reserve requirement ratios have been reduced by 100 basis points for deposits and participation funds. (Shutterstock)
February 17th, 2019 - 09:14 GMT

The Central Bank of Turkey Lowers Reserve Requirement Ratios to Increase Liquidity

Jordan was ranked 4th among 14 countries in the Middle East and North Africa region (MENA) in the 2019 Index of Economic Freedom. (Shutterstock)
February 17th, 2019 - 07:53 GMT

Jordan Ranks 4th in MENA on Economic Freedom Index

The 1,200 page report recommended that within the knowledge economy, the Culture Ministry should “take a bet on specific cultural and creative industries”. (Shutterstock)
February 16th, 2019 - 08:48 GMT

Designers' Stand on Lebanese Economy

The Saudi capital will host the Global Aviation Summit 2019. (Shutterstock)
February 16th, 2019 - 08:40 GMT

Saudi Arabia to Host Global Aviation Summit in April

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