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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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Tunisian General Secretary of Labour Union (UGTT) Noureddine Taboubi. (AFP)
January 27th, 2019 - 12:42 GMT

The Real Cost of the Ongoing War Between the Government and the Trade Unions in Tunisia

Bank of Sharjah's 9-month 2018 profits grew 13 per cent to Dh301 million, surpassing its 2017's full-year profit of Dh265 million. (Shutterstock)
January 27th, 2019 - 12:16 GMT

After Being Suspended by ADX, Bank of Sharjah Shares Resume Trading

Since the campaign began in November 2017 the total number of offenders was 2,504,037, which included 1,949,024 for violating residency regulations, 383,033 for labor violations and 171,980 for border violations. (Shutterstock)
January 27th, 2019 - 11:40 GMT

Over 2.5 Million Expats Arrested in Saudi Arabia Within a Year

The head of Saudi Aramco, pictured here at Davos 2017, has laid out a roadmap leading to the sale of shares in the world’s biggest oil company in 2021. (AN)
January 27th, 2019 - 10:58 GMT

Saudi Aramco to Commence Sale of Shares in 2021

Overall Saudi shoppers are spending more cautiously, as a result over the last 12 months there has been a decline in consumption across 90% of categories. Spend on promotions is also up, from 49% to 58% in modern trade. (Shutterstock)
January 27th, 2019 - 09:59 GMT

How Saudis' Shopping Behaviours Change

The world's 500 largest family businesses produce $6.5 trillion per year in sales. (Shutterstock)
January 27th, 2019 - 09:42 GMT

85 Percent of Non-Oil GDP in MENA Is Generated by Family Businesses

UNRWA’s work covers Palestinian refugees mainly residing in the West Bank, Gaza, Jordan, Lebanon and Syria. (Shutterstock)
January 27th, 2019 - 08:56 GMT

UNRWA Suffers From $1.2 Billion Funding Shortage

The facilities were built about 90 years ago and were used to store oil shipped through a pipeline from the northern Iraqi city of Kirkuk. (Shutterstock)
January 27th, 2019 - 08:33 GMT

Lebanon Signs With Rosneft to Operate Oil Installations in Tripoli

Riyadh will announce projects in the program worth 70 billion riyals this coming Monday and  the program aims to boost industry, mining, energy and logistics. (Shutterstock)
January 27th, 2019 - 08:21 GMT

Saudi Arabia Aims to Attract $427 Billion Worth of Industrial Investments

Iran’s crude steel industry has remained in good shape despite the US sanctions, and managed to push aside Italy, Taiwan and Ukraine to take the 10th place among the world’s producers of crude steel. (Shutterstock)
January 27th, 2019 - 08:01 GMT

Report: Iran Ranks 10th as Biggest Producer of Crude Steel Globally in 2018

The lender's shares were last trading at Dh0.999 per share on Abu Dhabi Securities Exchange. (Shutterstock)
January 27th, 2019 - 07:37 GMT

UAE Suspends Share Trading in One of Its Main Local Banks

3 of Dubai Biggest Firms at Risk of Being Removed by MSCI (Shutterstock)
January 26th, 2019 - 12:26 GMT

3 of Dubai Biggest Firms at Risk of Being Removed by MSCI

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