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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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The total assets of the 48 banks operating in the country reached Dh2.66 trillion ($723 billion) for 2016. (File photo)
October 9th, 2017 - 11:55 GMT

UAE Banks Lead GCC With $723 Billion in Assets

With $8 per night, you get access to Wifi, a gym, laundry, common area, balcony and rooftop pool. (Pixabay)
October 8th, 2017 - 11:43 GMT

Not Only for the Rich: Dubai Targets Backpackers With $8 a Night

Saudi Arabia has plans for a new digital currency for banks. (Pexels)
October 8th, 2017 - 10:59 GMT

Saudi Arabia Announces Digital Currency Exclusively for Banks

According to the decisions, rents paid by companies will be cut by 50 percent in some areas. (Pixabay)
October 8th, 2017 - 09:58 GMT

Qatar Boosts Private Sector's Contribution to Economy Amid Blockade

According to a report by Oxford Economics, salaries in the UAE are likely to face pressures on higher living costs, including the introduction of VAT. (File photo)
October 8th, 2017 - 08:59 GMT

Salaries in UAE to Slow Down or Stagnate in 2018: Report

The two countries signed 15 agreements, including one for Saudi Arabia to buy Russia’s S-400 missile defense system. (AFP)
October 8th, 2017 - 08:41 GMT

Saudi Arabia, Russia Sign 15 Agreements and a Dozen New Projects on King Salman's Visit

According to the UN, only a few Arab countries have laws to tackle issues like marital rape, honor killings and incest. (Shutterstock)
October 5th, 2017 - 01:27 GMT

Violence Against Women Costs Egypt $123 Million a Year: UN Report

Saad Sherida al Kaabi, Qatar Petroleum's President and CEO. (File photo)
October 5th, 2017 - 12:50 GMT

Qatar Petroleum Was Quick to Absorb Impact of Saudi-Led Blockade: CEO

Passengers at Qatar's Hamad International Airport will soon be able to clear through various check points using only their faces. (AFP)
October 5th, 2017 - 08:34 GMT

Qatar to Trial Facial Recognition Technology at Hamad International Airport

King Salman issued a royal order this week to establish a nationwide fund, the National Development Fund. (AFP/ File)
October 4th, 2017 - 01:36 GMT

Saudi King Orders Establishment of National Development Fund

The oil and natural gas business could be the next big industry targeted by cyber criminals. (File photo)
October 4th, 2017 - 01:04 GMT

Cyber Attacks on the Rise in the Oil and Gas Industry: Experts

The visa condition for families joining an expat employee has been changed from 600 rials ($1,558) to 300 rials ($779). (File photo)
October 4th, 2017 - 12:41 GMT

Minimum Wage for Expats Bringing in Families Slashed in Oman

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