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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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Jordan and Egypt on Sunday signed agreements under which the Kingdom will be provided with half of its needs of natural gas to generate electricity for 2019. (Shutterstock)
January 14th, 2019 - 08:59 GMT

Egypt to Supply Jordan With 50 Percent of Its Gas Demand

Qatar, US to Bolster Bilateral Trade Ties (Shutterstock)
January 14th, 2019 - 08:49 GMT

Qatar, US to Bolster Bilateral Trade Ties

Dubai More Affordable Than 216 Cities (Shutterstock)
January 14th, 2019 - 08:26 GMT

Dubai More Affordable Than 216 Cities

The Industry, Commerce and Tourism Ministry received 1,130 VAT inquiries since January 1. (Shutterstock)
January 14th, 2019 - 07:52 GMT

Bahrain Commenced 2019 With More Than 1000 Inquiries About VAT

More Than 160 Percent Increase in Women's Salaries in Oman (Shutterstock)
January 14th, 2019 - 07:50 GMT

More Than 160 Percent Increase in Women's Salaries in Oman

UAE Stops Issuing 6-Month Visa for Job Seekers (Shutterstock)
January 14th, 2019 - 07:26 GMT

UAE Stops Issuing 6-Month Visa for Job Seekers

Professionals will also be able to sponsor their families during the licence's validity period. (Shutterstock)
January 13th, 2019 - 12:07 GMT

New 2-Year Visa Announced for Doctors in UAE

Kaeser believes Saudi Arabia will continue to be an attractive target for foreign investment. (Shutterstock)
January 13th, 2019 - 10:21 GMT

Siemens' CEO Warns Saudi Arabia About the Effects of Large-Scale Economic Change

Razzaz underscored that this soft loan is the largest the Kingdom has ever received from the World Bank. (Shutterstock)
January 13th, 2019 - 10:03 GMT

World Bank to Loan Jordan $1.2 Billion at Low Interest Rates

Ghosn has been refused bail, has not been allowed to have lawyers present under questioning, and has been unable to meet with his family since his arrest. (Shutterstock)
January 13th, 2019 - 09:25 GMT

Ghosn's Arrest Arose Questions About Japan's Justice System

The implementation of taxes will not be useful to policies on the diversification of sources of revenue without taking necessary prerequisite steps and approval of advanced accounting system. (Shutterstock)
January 13th, 2019 - 08:30 GMT

Kuwaiti Official: 'Tax System to Strengthen Nationalism'

Qatar’s non-hydrocarbon sector is expected to grow 4.1 percent and 4.8 percent year-on-year in 2019 and 2020. (Shutterstock)
January 13th, 2019 - 08:13 GMT

Report: Qatar to Reach 2.7 Percent Economic Growth for 3 Years

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