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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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Qatar has the third-largest proven gas reserves in the world. (File photo)
June 19th, 2017 - 10:31 GMT

S&P Downgrades Qatar Petroleum’s Rating to AA-, From AA

Japan eases visa procedures for UAE citizens. (Pixabay)
June 19th, 2017 - 10:22 GMT

Japan Offers Visa-Free Entry to UAE Citizens

Total last November signed a deal worth $4.8 billion with China’s CNPC and Iran’s Petropars. (Denis Charlet/ AFP)
June 18th, 2017 - 03:39 GMT

Iran Sees 'Strategic Gains' in Deal With France's Total

A statue of Ramses II. (Pixabay)
June 18th, 2017 - 03:30 GMT

Rise of the Pharaoh: Egypt's GDP Grows 25 Percent, Tourism Up 80 Percent

King Salman. (AFP/ File)
June 18th, 2017 - 03:16 GMT

Saudi Arabia: Revamped Prosecution Office Now Directly Under King

Almarai is considered the largest dairy company in the Gulf region. (File photo)
June 18th, 2017 - 03:12 GMT

Saudi Arabia's Almarai Wins Shareholders' Approval for Capital Increase

The bridge is expected to cost $4 billion to $5 billion and will be parallel to the current King Fahd Causeway. (YouTube)
June 18th, 2017 - 03:07 GMT

Bahrain, Saudi Arabia Announce Plans for Second Bridge

Gas workers. (File photo)
June 18th, 2017 - 02:55 GMT

UAE's Dana Gas Case Raises Islamic Finance Risks

Amazon’s deal to buy a US grocery chain signals a significant threat to food retailers. (File photo)
June 18th, 2017 - 02:45 GMT

Amazon's $14-Billion Grocery Deal a 'Threat' to Food Retailers

The project is slated for inauguration in 2019. (File photo)
June 18th, 2017 - 02:36 GMT

Emaar Confirms First Hospitality Project in Saudi Arabia

Qatar announced its plan to buy 36 F-15 jets from the US. (AFP/ File)
June 18th, 2017 - 02:29 GMT

Qatar Finalizes $12-Billion Arms Deal Despite Trump’s Twitter Rant

In this video screened during the WEF 2015, Amman Mayor Aqel Biltaji speaks about investment opportunities in Jordan. (Courtesy of JT)
June 18th, 2017 - 02:21 GMT

Jordan Approves $282 Million Worth of PPP Projects

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