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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 diploma will be offered in the UAE and Saudi Arabia starting October this year. (File photo)
September 27th, 2017 - 11:13 GMT

Cashing in on VAT: PwC Announces First VAT Diploma in GCC

The new fund will invest in innovative early-stage and growth-stage tech companies in the MENA region. Pictured here: Mohammed Alabbar. (AFP/ File)
September 27th, 2017 - 10:46 GMT

Alabbar, MEVP Launch Third Venture Capital Fund

Last year, Saudi Arabia’s economy grew by 1.7 percent. Pictured here: King Salman. (AFP/ File)
September 27th, 2017 - 10:37 GMT

Saudi Economy Grew in 2016 Despite Global Slump: Report

Beach-goers in Dubai can now get their coffee via a drone. (Shutterstock)
September 25th, 2017 - 01:46 GMT

Costa Coffee Tests Drone Delivery Service in Dubai, and We Love It! (Video)

Qatar has expressed its plans to support and strengthen national food products. (AFP/ File)
September 25th, 2017 - 12:17 GMT

Qatar Eyes Self-Sufficiency in Food, Medicine Products

The current equity ownership split in Sadara is 65 percent Saudi Aramco and 35 percent Dow. (AFP/ File)
September 25th, 2017 - 12:07 GMT

Saudi Aramco to Transfer 15 Percent Stake in Sadara Chemical Company to Dow

Amazon Web Services today announced that it plans to open an infrastructure base in Bahrain. (AFP)
September 25th, 2017 - 11:53 GMT

Bahrain Welcomes First Amazon Web Services Base in Middle East

The VAT on new car purchases will be 5 percent of the vehicle’s value, starting from next year. (Karim Sahib/ AFP)
September 25th, 2017 - 11:21 GMT

Race Against Time for UAE Car Buyers: Pre-Vat Frenzy Starts Now

The plan is to privatize Saudia and Flyadeal together under the group parent company. (Shutterstock)
September 25th, 2017 - 10:31 GMT

Saudi Arabia to Include Flyadeal in Saudia’s Privatization Plan: Sources

$15 million will help support basic programmes for Palestinian refugees. (AFP/ File)
September 24th, 2017 - 01:21 GMT

UAE Donates $30 Million to UNRWA, UN Women

The move comes about a year after the UAE introduced its own bankruptcy law. (File photo)
September 24th, 2017 - 01:15 GMT

Saudi Arabia Introduces Bankruptcy Law in Bid to Attract Foreign Investment

Families on a tight budget can now pay in monthly installments, the airline said. (File photo)
September 24th, 2017 - 12:48 GMT

Etihad Launches 'Fly Now, Pay Later' for Families, Middle-Class Travelers

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