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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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Kaspersky Lab recorded a 4 fold increase in cryptomining attacks in the META region from 3.5 million in 2017 to 13 million in 2018. (Shutterstock)
December 18th, 2018 - 08:32 GMT

Kaspersky Lab Shares META 2018 Financial Insights and Predictions for 2019

The data from the Iranian Customs Administration show that Iran’s exports to the UAE topped the list in terms of the value of exports in US dollars. (Shutterstock)
December 18th, 2018 - 08:21 GMT

Iranian Non-Oil Exports to GCC up to $6.5 Billion

The investors received some payments but it came to a sudden halt, which prompted the investors to request more information about the activities and why they had stopped receiving returns on their investments as agreed. (Shutterstock)
December 18th, 2018 - 08:13 GMT

Kuwait Arrests Two Businessmen Accused of Laundering Around $50 Million

Digital currency has several benefits including lowering the cost of banknote issuance and use of cash. (Shutterstock)
December 18th, 2018 - 08:07 GMT

Egypt Might Have Its Own Digital Currency Soon

The Saudi Stock Exchange (AFP)
December 18th, 2018 - 07:27 GMT

Tadawul Joins United Nations Sustainable Stock Exchanges Initiative

Nowadays over 140 countries are now benefiting from blockchain technology through the world. (Shutterstock)
December 17th, 2018 - 09:28 GMT

Iran Sees Economy Saviour in Blockchain

“The Government of the UAE is committed to providing an innovative and comprehensive system of government work based on enhancing efficiency in the use of AI and data in various vital sectors." - Omar Sultan Al Olama (Shutterstock)
December 17th, 2018 - 09:21 GMT

UAE's New Wealth Is Not Oil Anymore; It's Data


The agreement aims at assisting Jordan to alleviate the burden of public debt service and is part of Saudi Arabia's efforts to support Jordan and help it overcome its economic crisis. (Shutterstock)
December 17th, 2018 - 09:05 GMT

Saudi Arabia Grants Jordan Grace Period for $114 Million Loan

The conference’s choice of the Arab digital economy as its main topic reflects the awareness of the Arab region of its challenges, in light of the role of modern technology in developing communities and economies. (AFP)
December 17th, 2018 - 08:33 GMT

Arab League Unites Under Digital Economy Banner

The government’s focus on protecting the low-income classes over implementing the social safety networks, noting that the positive indicators of the economy were clear over the past five months. (Shutterstock)
December 17th, 2018 - 08:01 GMT

Egypt to Have New Taxation System by 2020

Vision 2030 that was once a dream has now been translated into a reality with giant steps forward to achieve the needed reforms and to carry out the needed transformations. (Shutterstock)
December 17th, 2018 - 07:05 GMT

Opinion: Saudi's Vision 2030 Is More a Reality Than a Dream

Among the new licenses issued, 62.3% were commercial, 35.2% professional, 1.3% related to tourism and 1.2% industry.
December 16th, 2018 - 10:58 GMT

Dubai DED Issues 1,748 New Licenses in November

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