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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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Authorities shut down and issued warnings to around 5,000 factories and vocational workshops in July for breaching health and environment regulations.
August 14th, 2013 - 01:32 GMT

Busted! 65 factories shut down in Jordan and thousands warned

The 51-year-old Pakistani said his staff battled for two and a half hours to keep the blaze away by using fire extinguishers and water hoses.
August 14th, 2013 - 12:22 GMT

$8 million lost in Sharjah blaze

While regulation is expected to play a part in supporting growth, the marketplace remains a tough environment in which to do business.
August 14th, 2013 - 09:21 GMT

Eternal opportunities in Saudi Arabia's untapped life insurance sector

Al Bawaba
August 14th, 2013 - 08:49 GMT

Canon enhances image PROGRAF range with five new large format

The clearest ways for the region’s IPIs to contribute is to continue improving their proactive provision of quality business information and, especially, to adopt procedures and systems that will allow every valid investor inquiry to be well answered.
August 14th, 2013 - 08:43 GMT

How to address a dire need for increased investments in the MENA region

During the event
August 14th, 2013 - 08:16 GMT

PepsiCo-Jordan celebrates Eid Al-Fitr with orphaned children at Zaha Cultural Center

 Beirut swapped spots with Abu Dhabi as the most expensive Arab city in the region, while Jeddah (186) in Saudi Arabia continues to offer the cheapest cost of living for expats.
August 14th, 2013 - 06:21 GMT

How does Beirut rank higher than Abu Dhabi? Take a wild guess

For example, to start a business in Lebanon, a local entrepreneur needs more than one year’s full income(more than US$ 9000) – but only 0.8% of income per capita to do so in United States.
August 13th, 2013 - 02:17 GMT

The red lines in the Lebanese flag extend to its business environment

Qantas and Emirates' A380's to fly over Emirates and Australia (Getty images).
August 13th, 2013 - 01:33 GMT

Australian Qantas chooses Emirates over Etihad

Qantas and Emirates' A380's to fly over Emirates and Australia (Getty images).
August 13th, 2013 - 01:21 GMT

Australian Qantas chooses Emirates over Etihad

GCC sovereign funds accounted for 32.6 percent of the global SWF assets valued at $5.2 trillion
August 13th, 2013 - 12:35 GMT

Saudi tops Sovereign Wealth Fund assets in GCC

In sum, the Palestinian paradox is not a paradox: it is an opportunity.
August 13th, 2013 - 12:01 GMT

Palestine's remarkable economic paradox

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