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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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Total state spending came in slightly below the initial plan of 178.6 billion riyals for the fiscal year that ended in March.
August 20th, 2013 - 06:33 GMT

Qatar is spending less and less- on almost everything

The insurance industry in the GCC region is catching up with the global trend and has witnessed a CAGR of about 18 per cent between 2006 and 2012.
August 19th, 2013 - 12:03 GMT

GCC insurance industry to reach $40 billion by 2017

Department of Economic Development
August 19th, 2013 - 10:58 GMT

DED sets up new unit to strengthen investor outreach on business registration and licensing

Department of Municipal Affairs
August 19th, 2013 - 09:21 GMT

Delegation from the municipal system briefed on Dubai Municipality experience in the field of land classification

“Many people in the region, especially women, voluntarily choose not to work, reducing the number of people who are even interested in full-time employment,” the report said.
August 19th, 2013 - 09:04 GMT

Job offer? "No thanks, not even interested," most Arabs would say.

 Potash (Potassium Chloride) covers machinery at the Dead Sea Works potash recovery plant on the shores of the Dead Sea (sources: Getty images).
August 19th, 2013 - 08:17 GMT

Unmasking the Jordan Potash conundrum

About 332 million Egyptian pounds ($48 million) of shares were traded, compared with a one-year daily average of 391 million pounds.
August 19th, 2013 - 07:46 GMT

Egypt's stock market plummeting

Al Bawaba
August 19th, 2013 - 05:12 GMT

Toshiba introduces the Satellite P50t - designed to provide first-class multimedia experience

Policy zig-zags on Egypt have been a feature of the Obama administration for the past 30 months.
August 18th, 2013 - 03:20 GMT

When money doesn't talk: the US' false sense of control over Egypt

No official statement has yet been issued evaluating the cost of damages and sector losses (Sources: Getty images).
August 18th, 2013 - 02:33 GMT

The Egyptian economy's immeasurable losses

“Saudi inflation has eased over the course of this year, in spite of fairly robust domestic demand.
August 18th, 2013 - 01:54 GMT

Saudi Arabian economy to remain resilient despite mixed signals

Although S&P estimates that the GCC markets are profitable as a whole, the profits tend to be concentrated at larger and more-established entities.
August 18th, 2013 - 10:16 GMT

If only GCC insurers can insure themselves against default

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