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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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12 years ago, Hezbollah and Israel were left gutted by a summer war that was costly for both sides. Another crisis could be looming. (Mahmoud Zayyat/ AFP)
February 11th, 2018 - 08:00 GMT

5 Reasons Why Israel Is Ready for War With Hezbollah (Oil Is One of Them)

Calling Bitcoin the 'biggest bubble in human history', economist Nouriel Roubini predicts that the virtual currency will crash to zero value. (Shutterstock)
February 11th, 2018 - 05:00 GMT

Will Bitcoin Crash to Zero? Yes, Says Dr. Doom

The lifting of U.S. sanctions, hailed by many, has simply proved to be the starting point for utter disaster in the Sudanese economy. (AFP)
February 11th, 2018 - 04:00 GMT

Opinion: Sudan’s Economy on Verge of Collapse as US Lifts Sanctions

In a poll, Gulf News asked 2,548 people if they would be able to produce Dh1,000 ($272) right away for an emergency. The results are shocking. (Pixabay)
February 11th, 2018 - 01:13 GMT

Half of UAE Residents Don’t Have Dh1,000 of Savings: Survey

In April last year, Dubai’s ruler Sheikh Mohammed bin Rashid Al-Maktoum decreed that disabled people would be known as ‘people of determination’. (Credit: Antonie Robertson)
February 11th, 2018 - 12:26 GMT

Dubai Gives ‘People of Determination’ Special Business Privileges

Saudi Arabia's King Salman has given the water sector a boost with $46.6 million to spend each year on mobile desalination plants. (File photo)
February 11th, 2018 - 12:11 GMT

Saudi King Orders $46.6 Million to Be Spent Annually on Desalinated Water

The revenues from oil and gas exploration will dramatically change the face of Lebanon, according to estimates. (Shutterstock)
February 8th, 2018 - 12:40 GMT

Lebanon: Offshore Gas Project to Generate $200 Billion in Revenues

Analysts expect a correction in oil to the $59 level of support. See this chart. (Shutterstock)
February 8th, 2018 - 11:38 GMT

Oil Prices to Correct to $59, Say Analysts [CHART]

Tunisia, Sri Lanka and Trinidad and Tobago are now on the EU's money laundering blacklist. (Shutterstock)
February 8th, 2018 - 11:07 GMT

Tunisia Fires Central Bank Governor for 'Turning Blind Eye to Money Laundering'

Several years ago, 'middle class' as a political and social concept was not in circulation in Jordan. Things are different now. (AFP/ File)
February 7th, 2018 - 06:00 GMT

Opinion: Taxes in Jordan, a 'Middle Class' Business

Turkey produced 37.5 million tons of crude steel in 2017, according to industry body. (Shutterstock)
February 7th, 2018 - 04:00 GMT

Turkey’s Crude Steel Production Hits Historic High: Report

The sharp decline in world's stock markets in recent days will not lead to postponing the issuance of bonds by Egypt, according to a source at the Central Bank of Egypt. (Pictured here: Egyptian President Abdel Fattah el-Sisi/ AFP)
February 7th, 2018 - 02:29 GMT

Stock Markets Crisis Will Not Affect Egypt’s Bonds Issuance: Central Bank

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