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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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Significant number of scheduled flights will be impacted by the closure of DXB's Southern Runway. (File/Photo)
January 13th, 2019 - 11:55 GMT

Emirates to Cancel 25 Percent of Its Flights Due to Runway Closure

The only month where sales went slightly up was December, when a 4 per cent increase in sales brought in JD450 million for the sector. (Shutterstock)
January 13th, 2019 - 10:29 GMT

Jordan's Housing Sector Plummets 13 Percent in 2018

Kaeser believes Saudi Arabia will continue to be an attractive target for foreign investment. (Shutterstock)
January 13th, 2019 - 10:21 GMT

Siemens' CEO Warns Saudi Arabia About the Effects of Large-Scale Economic Change

Razzaz underscored that this soft loan is the largest the Kingdom has ever received from the World Bank. (Shutterstock)
January 13th, 2019 - 10:03 GMT

World Bank to Loan Jordan $1.2 Billion at Low Interest Rates

The change in speculative flows marks a reversal from last month’s gloomy activities. (Shutterstock)
January 13th, 2019 - 09:43 GMT

Fluctuation of Oil Prices Affecting the Market's Sentiments

Ghosn has been refused bail, has not been allowed to have lawyers present under questioning, and has been unable to meet with his family since his arrest. (Shutterstock)
January 13th, 2019 - 09:25 GMT

Ghosn's Arrest Arose Questions About Japan's Justice System

The implementation of taxes will not be useful to policies on the diversification of sources of revenue without taking necessary prerequisite steps and approval of advanced accounting system. (Shutterstock)
January 13th, 2019 - 08:30 GMT

Kuwaiti Official: 'Tax System to Strengthen Nationalism'

Turkey's natural gas consumption retreats to around 50 billion cubic meters in 2018. (Shutterstock)
January 13th, 2019 - 08:22 GMT

Turkey Hits a Historic Record in Daily Gas Consumption

Qatar’s non-hydrocarbon sector is expected to grow 4.1 percent and 4.8 percent year-on-year in 2019 and 2020. (Shutterstock)
January 13th, 2019 - 08:13 GMT

Report: Qatar to Reach 2.7 Percent Economic Growth for 3 Years

Majority of healthcare services have been classified as zero-rated. (Shutterstock)
January 13th, 2019 - 08:03 GMT

5 Percent VAT to Be Applied on Cosmetic Services in UAE

With this new regulation it is expected that drones will soon be appearing in stores all around Saudi Arabia. (Shutterstock)
January 12th, 2019 - 08:32 GMT

Saudi Arabia Starts Issuing Drone Permits

The World Bank expressed concern about the growing risk factors in the region as a result of conflicts and economic slowdown. (Shutterstock)
January 12th, 2019 - 08:17 GMT

World Bank: Lebanon GDP to Grow 0.3 Percent in 2019

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