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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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Iran's government faces acute economic challenges as it announces its annual budget. (Shutterstock)
December 26th, 2018 - 10:50 GMT

Iran's Economic Challenges Go Beyond US Sanctions

The authorities rejected the offer, saying accepting the aid would be an unforgivable immoral act and departure from its principles. (Shutterstock)
December 26th, 2018 - 10:45 GMT

Sudan Turns Down Aid in Exchange for Cutting Relations With Qatar, Turkey

KSRelief provides health services to all Yemeni people in coordination with the Yemeni Higher Relief Committee represented by the Yemeni Ministry of Health and Population, and local and international partners. (Shutterstock)
December 26th, 2018 - 10:33 GMT

Saudi's Humanitarian Aid Continue Operations in Yemen

The Kingdom is working on plans to boost its non-oil exports and the strategy adopted by the ports authority is aimed at boosting exports from all sectors. (Shutterstock)
December 26th, 2018 - 09:52 GMT

Saudi Ports Authority Implements Reforms to Boost Non-Oil Exports

The increase was driven by tax revenues, which constituted to JD93.2 million of the total. (Shutterstock)
December 24th, 2018 - 10:17 GMT

Public Debt Reaches Jd 28.5 Billion in Jordan

The UAE was found more attractive among migrants than Singapore, Sweden, New Zealand, Netherlands, South Korea, Turkey, Russia and China. (Shutterstock)
December 24th, 2018 - 08:08 GMT

Survey: UAE Is the World's 12th Most Desired Destination for Migrants

The MoU seeks to facilitate cooperation and coordination between the parties with respect to the registration and supervision of auditors with the aim of promoting high standards of financial audits in the UAE.
December 24th, 2018 - 07:27 GMT

ADGM and Ministry of Economy Sign MoU for Cooperation on Oversight of the Audit Profession in the UAE

Ghosn has reportedly denied the allegations, asserting that transactions were carried out legally. (Shutterstock)
December 23rd, 2018 - 10:27 GMT

Nissan Ex-Chair to Spend Christmas and New Year Eve Behind Bars in Japan

India’s exports to Qatar have expanded by over 87 percent and Indian companies have acquired a strategic depth in the country. (Shutterstock)
December 23rd, 2018 - 09:33 GMT

Qatar Eyes Stronger Trade With India's Food Market

The chamber said that such practices by Israeli authorities constitute an obstacle that hinders developing trade ties between Jordan and Palestine. (Shutterstock)
December 23rd, 2018 - 09:16 GMT

Israel Arrests Jordan's Top Industrialist Figure

PM Khan has remained confident that the financial cushion from countries like the UAE will ultimately help avert immediate default as well as enable the government to argue a less austere, more people-friendly programme with the IMF. (Shutterstock)
December 23rd, 2018 - 08:44 GMT

UAE Revives Pakistan's Economy With $3 Billion Loan


For the last 10 years, an average of $216 billion projects have been awarded annually, with the GCC region accounting for about two thirds of this volume. (Saudi Gazette)
December 23rd, 2018 - 08:23 GMT

Despite Political Upheavals, MENA Region Is Home for $3.5 Trillion Worth of Projects

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