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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 cost of the Syrian war on Lebanon amounts to about $14 billion. (Shutterstock)
January 31st, 2019 - 10:42 GMT

Central Bank Still Confident With Lebanon’s Economy Despite Regional Woes

The two sides also voiced satisfaction with the growing trend of economic cooperation. (Shutterstock)
January 31st, 2019 - 10:40 GMT

Austria Stresses the Need for Expansion of Economic Cooperation With Iran

The International Monetary Fund's managing director Christine Lagarde said that Egypt has made substantial progress as evident in the success achieved in macroeconomic stabilisation. (AFP)
January 31st, 2019 - 09:15 GMT

Egypt on Right Track With Its Ongoing Economic Reform Programme: IMF

“Support the resistance financially through the Bitcoin currency,” Hamas said, adding the exact mechanism would be announced later. (Shutterstock)
January 31st, 2019 - 09:11 GMT

Hamas Asks Supporters to Send Funds via Bitcoin

Saudi Arabia's King Salman has received a report from a special committee investigating public corruption, which will see billions of riyals recovered. (AFP/ File Photo)
January 31st, 2019 - 08:03 GMT

Saudi Investigators Recover $106 Billion Assets in Anti-Corruption Crackdown

During the event
January 30th, 2019 - 12:41 GMT

DED Launches Three Initiatives to Enhance Future-Readiness of Economy at ‘Engage DXB Forum 2019’

Iran has moved up two points to 47th place on Bloomberg Innovation Index 2019 report. (Shutterstock)
January 30th, 2019 - 11:08 GMT

Iran Ranks 47th in Bloomberg Innovation Index 2019

Qatar also removed the names of UAE companies from the list of approved vendors for infrastructure projects. (Shutterstock)
January 30th, 2019 - 10:59 GMT

UAE Files Case Against Qatar over Banning the Sale of UAE Goods

The differences between Beijing and Washington are vast. (Shutterstock)
January 30th, 2019 - 10:25 GMT

US, China Resume Trade Talks Despite Differences Over Economic Reforms

Kuwaiti Official Demands Government to Halt Employing Expats. (Shutterstock)
January 30th, 2019 - 10:06 GMT

Kuwaiti Official Demands Government to Halt Employing Expats

Saudi Arabia said on Tuesday it had suspended 126 local government employees at municipalities across the Kingdom on corruption charges. (Shutterstock)
January 30th, 2019 - 10:02 GMT

Over 100 Government Employees Suspended in Saudi Arabia on Corruption Charges

The remittances are among the most important foreign exchange (FX) resources in Egypt. (Shutterstock)
January 30th, 2019 - 09:20 GMT

Remittances of Egyptian Expats Exceed $23 Billion in 2018

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