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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 Central Bank of Oman in Muscat. (File photo)
April 5th, 2017 - 09:51 GMT

Central Bank of Oman backs local money market with $154M treasury bills

The real estate market in Dubai is preparing for a new phase of momentum. (File photo)
April 5th, 2017 - 05:00 GMT

Dubai real estate deals hit record high of $21B

Qatar advances rapidly with construction projects across the country ahead of 2022 FIFA World Cup. (File photo)
April 5th, 2017 - 04:00 GMT

Qatar: 2022 World Cup offers $385M in business opportunities

According to the report, Saudi Arabia showed the weakest salary growth across the GCC region. (File photo)
April 5th, 2017 - 03:00 GMT

Revealed: Saudi Arabia's top 10 salaries for 2017

The deals between the two countries, four in total, include a memo to import and export natural and liquefied gas. (File photo)
April 4th, 2017 - 10:00 GMT

Jordan, Egypt sign gas supply deals

Qatar Petroleum's President and CEO Saad Sherida al-Kaabi told the media during a press conference in Doha that work on the project's details will commence in the next few months. (QNA)
April 4th, 2017 - 09:30 GMT

Qatar to launch world’s biggest gas field: QP chief

Egypt's total foreign debt increased to $67.3 billion in the first half of the fiscal year 2016-2017, compared to $47.8 billion in the first half of 2015-2016. (AFP/Khaled Desouki)
April 4th, 2017 - 09:00 GMT

Egypt's external debt up 40.8 percent amid currency flotation

Turkish exports in March have increased 19 percent year-on-year, the highest rise since November 2012. (File photo)
April 4th, 2017 - 08:26 GMT

Turkey's exports surge to $13.6B in March

Dubai is moving towards a rental law that better balances the relationship between landlord and tenant. (Pixabay)
April 4th, 2017 - 09:00 GMT

Landlords and tenants in Dubai could see new rental law

Tunisia's Prime Minister Youssef Chahed delivering a speech during a ministry handover ceremony in Tunis in August 2016. (AFP/File)
April 4th, 2017 - 08:21 GMT

Tunisia gets EU support for SME growth, development

Low prices of soft drinks and junk food have been blamed for rising rates of diabetes and obesity across the GCC region. (File photo)
April 4th, 2017 - 07:26 GMT

New soft drinks tax confirmed by GCC countries: Sources

On April 1, Kuwait closed the Shuaiba refinery, one of the oldest oil facilities in the region. (File photo)
April 4th, 2017 - 06:59 GMT

British firm lands $1.3B oil project in Kuwait

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