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Iraqi money
July 3rd, 2026 - 06:13 GMT
Osama Ali

Osama Ali

Iraq's corruption crackdown uncovers wealth beyond belief, judge says

ALBAWABA — More than $2 trillion has been stolen from Iraq since 2003, according to Iraqi legal adviser and judge Munir Haddad, who said the scale of corruption uncovered by ongoing investigations exceeds anything previously imagined. Haddad said security and judicial authorities continue to arrest new suspects as investigations expand, with daily raids uncovering additional evidence. He noted that detailed confessions from key detainees have led investigators to other alleged ...
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The Middle East has woefully low levels of women in top management positions.(Shutterstock)
April 9th, 2019 - 08:45 GMT

Bank of Palestine's Board to Have 50/50 Gender Split

The Middle East has woefully low levels of women in top management positions.(Shutterstock)
April 9th, 2019 - 07:39 GMT

Palestine Banker Calls for Quota System for Women Board Members Across the Middle East

The financial market manipulation violated all norms of accepted conduct and will not be allowed to go unchecked. (Shutterstock)
April 9th, 2019 - 06:47 GMT

Qatar Sues Saudi, UAE Banks Over Manipulation of Qatari Riyal

The Kingdom has been trading its oil in dollars for decades and that has served well its financing and monetary needs. (Shutterstock)
April 9th, 2019 - 06:19 GMT

Saudi Arabia Rejects Non-Dollar Oil Trade

Morocco has made notable development in the field of scientific research related to the energy sector. (Shutterstock)
April 9th, 2019 - 06:17 GMT

Energy Sector Investments in Morocco Exceeds $13 Billion

Saudi Aramco’s crucial bond issue, set to close on Wednesday, has already attracted higher-than-expected interest from international investor. (Shutterstock)
April 9th, 2019 - 06:16 GMT

Saudi Aramco's International Bond Issue Attracts $30 Billion

Double taxation avoidance agreements allocate taxing rights and ensure individuals and businesses are only taxed once. (Shutterstock)
April 9th, 2019 - 05:44 GMT

UAE-Saudi Double Tax Avoidance Agreement to Boost Bilateral Trade

The police also recorded 41 forgery cases and arrested 63 suspects in 2018. (Shutterstock)
April 8th, 2019 - 04:38 GMT

Dubai Seizes Dh1 Billion in Fake Currency

One of the key sectors that have seen an uptick in FDIs include wholesale and retail trade. The total foreign direct investment in this sector amounted to about $29.8 billion, with a contribution of 24.9 percent of the total FDI inflows in the UAE. (Shutterstock)
April 8th, 2019 - 03:48 GMT

UAE Tops List of Arab Countries' FDI at $10.35 Billion in 2017

This programme is a social process that is based on a comprehensive analysis of the economic, social and cultural situation, he said. (Shutterstock)
April 8th, 2019 - 03:43 GMT

Tunisia Prepares for Socio-Economic Programme Ahead of Elections

Turning to his visit with Iranian minister of energy, he said, “expert-level session was held in continuation of our previous talks with regard to the development of Iraqi electricity in cooperation with the Islamic Republic of Iran.” (Shutterstock)
April 8th, 2019 - 03:39 GMT

Iraq, Iran to Bolster Electricity Cooperation

According to spokesman for the Atomic Energy Organization of Iran (AEOI), Behrouz Kamalvandi, the achievements would cover various fields, including exploration, extraction, fuel cycle, power plants, science and technology as well as laser. (Shutterstock)
April 8th, 2019 - 03:34 GMT

Iran Already Hit 114 Nuclear Achievements and Will Reveal Them on Tuesday

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