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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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The high-level workshop on ‘SME Development and Financial Inclusion in the Arab world’, was part of the World Government Summit. (Shutterstock)
February 11th, 2019 - 08:57 GMT

WGS Workshop Demands More Support to SMEs in the Middle East

UAE is a key partner for UK: "We need to have a deeper strategic relationship. It should not only be about selling and buying but about being partners." - Rt Hon Liam Fox (Shutterstock)
February 11th, 2019 - 08:50 GMT

UK to Have Free Trade Agreement With GCC

Bahrain will focus on “stringent” cost controls to help cut its budget deficit. (Shutterstock)
February 11th, 2019 - 07:54 GMT

Bahrain to Focus on Cost Controls to Help Cut Budget Deficit

Lebanese Prime Misister Saad Hariri (R),speaks with journalist Emad el-Din Adeeb, during the opening session of the World Government Summit in Dubai, on February 10, 2019.  (AFP)
February 11th, 2019 - 07:46 GMT

Hariri At World Govt Summit: Lebanon Is in a 'Make It or Break It' Situation

IMF chief Christine Lagarde told CNN's Richard Quest that there were 3% more women's jobs vulnerable to AI than men's. (AFP)
February 10th, 2019 - 01:29 GMT

AI Threatens Women's Jobs More Than Men's: IMF Chief at World Government Summit

The allocation is aimed at reimbursing firms the fees for expatriate work permits. (Shutterstock)
February 10th, 2019 - 01:04 GMT

Saudi Allocates $3.1 Billion to Support Private Firms With Expats Fees

Mohammad Abdullah Al Gergawi, UAE Minister of Cabinet Affairs. (@DXBMediaOffice/ Twitter)
February 10th, 2019 - 10:04 GMT

World Government Summit: AI to Affect 45 Percent of Jobs

The annual World Government Summit kicks off today to redefine the future of governments and unite efforts to solve universal challenges facing humanity. (Shutterstock)
February 10th, 2019 - 10:01 GMT

UAE Leads Dialogues in Technology at World Government Summit

Concerts that have taken place already in Saudi Arabia by top-notch international superstars. (Shutterstock)
February 10th, 2019 - 09:38 GMT

500 Companies Established in Saudi Arabia to Boost Entertainment Sector

The 493 investments were made by 361 foreign firms. (Shutterstock)
February 10th, 2019 - 09:29 GMT

$43 Billion of Foreign Investment Within 4 Years in Saudi Arabia

Saudi Arabia based issuers led the GCC in 2018, raising a total of US$28.51 billion through 22 issuances and representing 31 percent of the total value raised in the GCC. (Shutterstock)
February 10th, 2019 - 07:42 GMT

GCC Sovereign and Corporate Issuances, Totaled Exceeds $153 Billion in 2018

More than 50,000 trade licenses were issued to women entrepreneurs last year. (Shutterstock)
February 10th, 2019 - 07:27 GMT

More Businesswomen in UAE, Few Represented in Company Boards

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