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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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Some $30 billion to $50 billion inflows are expected into the Kingdom’s stock market due to its inclusion in major global benchmarks. (AFP)
January 24th, 2019 - 08:00 GMT

Up to $50 Billion Inflows Projected Into Saudi Stock Market

Traffic passing through Egypt’s Suez Canal on Wednesday reached an all-time record. (Shutterstock)
January 23rd, 2019 - 01:34 GMT

Traffic Through Egypt’s Suez Canal Reaches All-Time Record

Switzerland is pursuing plans to launch an alternative payments channel for Iran independent from the US dollar.. (Shutterstock)
January 23rd, 2019 - 12:47 GMT

Switzerland to Develop Payment Channel With Iran to Bypass US Sanctions

The arrests were made over a period of two days in cooperation with the special task unit in the Wilayat of Duqm. (Shutterstock)
January 23rd, 2019 - 12:37 GMT

Over 400 Expat Workers Arrested in Oman for Violating Labor Laws

Residence permit applicants will receive a six-month entry permit that will allow them to enter the UAE and complete any outstanding procedures related to their projects. (Shutterstock)
January 23rd, 2019 - 12:33 GMT

UAE to Start Issuing Long-Term Visa in February

Those selected for the transfer are currently undergoing training and testing and must fulfill certain criteria. (AFP)
January 23rd, 2019 - 10:19 GMT

Egypt to Relocate 50,000 Employees to Its New Capital by 2020

Moody’s Investor Service announced Monday night that it had downgraded Lebanon’s long-term investment rating. (Shutterstock)
January 23rd, 2019 - 10:16 GMT

Lebanon’s New Long-Term Investment Rating Indicates Poor Quality, Very High Credit Risk

Russia will grant $10 million in financial aid for Palestinian refugees. (Shutterstock)
January 23rd, 2019 - 07:17 GMT

Russia Grants $10 Million to Palestinian Refugees

If you are looking for a 'forever home', then buying might just make sense. (Shutterstock)
January 23rd, 2019 - 06:52 GMT

To Rent or to Buy in Dubai: That's the Question

Bahrain the most cost-effective destination for business in the GCC (Shutterstock)
January 22nd, 2019 - 01:06 GMT

Report: Bahrain Most Cost-Effective Destination for Business in GCC

Expat investors can now bring their family members or siblings without regard to their age (Shutterstock)
January 22nd, 2019 - 12:29 GMT

Oman Woos Foreign Investors by Changing Residency Rules

Sri Lankan to Invest $10 Million in Bahrain’s Renewable Energy Sector. (Shutterstock)
January 22nd, 2019 - 12:04 GMT

Sri Lanka to Invest $10 Million in Bahrain’s Renewable Energy Sector

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