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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 GCC banking sector has many banks serving small populations, driving intense competition and aggressive pricing policies. (Shutterstock)
January 16th, 2019 - 09:03 GMT

Slow Growth, Subdued Credit Demand Are Main Reasons Behind GCC Bank Mergers

Ties between Qatar and Turkey have grown manifold, especially after the blockade. (Shutterstock)
January 16th, 2019 - 08:35 GMT

Despite Economic Blockade, Over 150 Qatari Companies Operating in Turkey

Growth rates of 3.4 percent and 3.6 percent are projected in 2020 and 2021, respectively. (Shutterstock)
January 16th, 2019 - 08:23 GMT

World Bank: Economic Growth in Tunisia to Reach 2.9 Percent in 2019

The key monitored sectors - construction, wholesale & retail and travel & tourism - registered slower improvements in business conditions in December. (Shutterstock)
January 16th, 2019 - 08:07 GMT

Dubai Economy Tracker Index Hits Second Lowest Reading in Over Two Years

Saudi Arabia Mulls Gas Network Extension With UAE, Oman (Shutterstock)
January 15th, 2019 - 10:11 GMT

Saudi Arabia Mulls Gas Network Extension With UAE, Oman

Jordan,Iraq Agree to Finalize Basra-Aqaba Oil Pipeline
January 15th, 2019 - 09:47 GMT

Jordan,Iraq Agree to Finalize Basra-Aqaba Oil Pipeline

Mutual Investments Between Kuwait, UK Exceeds $4 Billion in 2018 (Shutterstock)
January 15th, 2019 - 09:08 GMT

Mutual Investments Between Kuwait, UK Exceeds $4 Billion in 2018

Vendors’ VAT Registration Status Can Be Checked Online in Bahrain (Shutterstock)
January 15th, 2019 - 09:01 GMT

Vendors’ VAT Registration Status Can Be Checked Online in Bahrain

A total of 4,557 expatriates were deported and another 5,413 arrested for “violating provisions of the Labour Law”. (Shutterstock)
January 15th, 2019 - 08:17 GMT

More Than 4,500 Expats Deported, 5000 Arrested in Oman

Market sentiment should improve in the long run as the new visa regulations will provide a boost to the UAE's real estate market. (Shutterstock)
January 15th, 2019 - 07:30 GMT

UAE Relies on Visa Reforms to Stimulate Property Market

The Iranian foreign minister commended Iraq's positive stance on the promotion of ties with Iran (Shutterstock)
January 14th, 2019 - 11:25 GMT

Iraq to Strengthen Trade Ties With Iran Despite US Sanctions

More Than $6 Billion Allocated to Support SMEs in Egypt (Shutterstock)
January 14th, 2019 - 09:57 GMT

More Than $6 Billion Allocated to Support SMEs in Egypt

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