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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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UAE airline offered to buy more shares of Jet at a 49 percent discount. (File/Photo)
January 17th, 2019 - 07:36 GMT

Etihad Airways, Jet Airways Denies Reports of $35 Million Bailout Deal

As more supply is expected to materialise in the coming year, residential vacancies are anticipated to increase further in Abu Dhabi. (Shutterstock)
January 16th, 2019 - 12:12 GMT

Property Market Prices on a Steady Fall in This Emirate

Gulf shifts focus to diversify energy sources to boost economy (Shutterstock)
January 16th, 2019 - 10:52 GMT

220,500 Jobs in GCC If Region Meets Its Sustainable Energy Targets by 2030

Taxi drivers hold protests in November 2018. (Shutterstock)
January 16th, 2019 - 10:33 GMT

'Yellow Cabs' Demonstration in Jordan

Saudi Arabia has restricted certain jobs to Saudis and pressed companies to employ higher ratios of nationals to foreign workers. (Shutterstock)
January 16th, 2019 - 10:18 GMT

Saudi Government to Pay Private Sector in an Attempt to Expand Saudization

Civil servants could receive a 20 per cent increase in their basic wages. (Shutterstock)
January 16th, 2019 - 09:45 GMT

Bahrain Indecisive About 20 Percent Increase in Basic Wages

A section of UAE expats may not have seen much wage growth last year. (Shutterstock)
January 16th, 2019 - 09:43 GMT

Survey: UAE Among World’s Top 10 Destinations for Expats

Kuwaiti rights groups have long called on the government to abolish its kafala system for expats, which has long been criticized as a form of bonded labor. (Shutterstock)
January 16th, 2019 - 09:17 GMT

Kuwait Considers Canceling Its 'Bonded Labor' System

Ties between Qatar and Turkey have grown manifold, especially after the blockade. (Shutterstock)
January 16th, 2019 - 08:35 GMT

Despite Economic Blockade, Over 150 Qatari Companies Operating in Turkey

Growth rates of 3.4 percent and 3.6 percent are projected in 2020 and 2021, respectively. (Shutterstock)
January 16th, 2019 - 08:23 GMT

World Bank: Economic Growth in Tunisia to Reach 2.9 Percent in 2019

The key monitored sectors - construction, wholesale & retail and travel & tourism - registered slower improvements in business conditions in December. (Shutterstock)
January 16th, 2019 - 08:07 GMT

Dubai Economy Tracker Index Hits Second Lowest Reading in Over Two Years

According to the UAE Space Agency, in 2017, the total global space economy value amounted to $348 billion. (Shutterstock)
January 15th, 2019 - 11:50 GMT

UAE Investments in Space Exceed AED22 Billion, Providing Over 1,500 Job Opportunities

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