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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 total number of licenses issued reached more than 40,000. (Shutterstock)
January 28th, 2019 - 08:58 GMT

More Than 40,000 Driving Licenses Issued for Women in Saudi Arabia

Qatar imported goods worth QR9.5 million and exported products worth QR25.4 billion. (Shutterstock)
January 28th, 2019 - 08:41 GMT

Qatar’s Trade Surplus Exceeds $4 Billion in December

Egypt provided Jordan with 250 million cubic feet of natural gas daily since 2004. (Shutterstock)
January 28th, 2019 - 08:08 GMT

Egypt Starts Supplying Jordan With Natural Gas

Increased trading activity from companies based in free zones resulted in a rise in the UAE's non-oil foreign trade. (Shutterstock)
January 28th, 2019 - 07:45 GMT

UAE’s Non-Oil Trade Hits Dh1.2 Trillion in 2018

Tourism and travel service providers were charged Dh1000 per PRO card, which was subject to an annual renewal fee, with penalties imposed on companies that violated the provision. (Shutterstock)
January 27th, 2019 - 01:43 GMT

Dubai Waives a Mandatory Fee to Boost Tourism Sector

During the signing ceremony
January 27th, 2019 - 12:48 GMT

DED-Ajman Signs MoU With Dubai SME

Tunisian General Secretary of Labour Union (UGTT) Noureddine Taboubi. (AFP)
January 27th, 2019 - 12:42 GMT

The Real Cost of the Ongoing War Between the Government and the Trade Unions in Tunisia

Since the campaign began in November 2017 the total number of offenders was 2,504,037, which included 1,949,024 for violating residency regulations, 383,033 for labor violations and 171,980 for border violations. (Shutterstock)
January 27th, 2019 - 11:40 GMT

Over 2.5 Million Expats Arrested in Saudi Arabia Within a Year

Overall Saudi shoppers are spending more cautiously, as a result over the last 12 months there has been a decline in consumption across 90% of categories. Spend on promotions is also up, from 49% to 58% in modern trade. (Shutterstock)
January 27th, 2019 - 09:59 GMT

How Saudis' Shopping Behaviours Change

The world's 500 largest family businesses produce $6.5 trillion per year in sales. (Shutterstock)
January 27th, 2019 - 09:42 GMT

85 Percent of Non-Oil GDP in MENA Is Generated by Family Businesses

UNRWA’s work covers Palestinian refugees mainly residing in the West Bank, Gaza, Jordan, Lebanon and Syria. (Shutterstock)
January 27th, 2019 - 08:56 GMT

UNRWA Suffers From $1.2 Billion Funding Shortage

Riyadh will announce projects in the program worth 70 billion riyals this coming Monday and  the program aims to boost industry, mining, energy and logistics. (Shutterstock)
January 27th, 2019 - 08:21 GMT

Saudi Arabia Aims to Attract $427 Billion Worth of Industrial Investments

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