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Main headlines latest

million dollar banknote
February 24th, 2026 - 09:34 GMT
Sally Shakkour

Sally Shakkour

A million-dollar banknote sparks controversy in Iraq

ALBAWABA -The Central Bank of Iraq issued a strongly worded warning to the public on Monday regarding the escalating financial fraud operations using counterfeit banknotes and commemorative coins to ensnare citizens in financial losses. In an official statement, the bank's media office explained that its monitoring teams had detected suspicious activities by unscrupulous individuals seeking to exploit citizens under various pretexts and names. The statement emphasized the need for extreme ...
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The number of public sector workers in Egypt dropped in the last fiscal year, with 1 million employed in security alone.
March 6th, 2013 - 03:03 GMT

Public sector shrinking in Egypt

Iraq will receive Russian arms by the summer, the Iraqi foreign minister said on Monday (Image for illustrative purposes)
March 5th, 2013 - 01:14 GMT

Russian arms due in Iraq by this summer

Sunset over the river Nile in Cairo
March 5th, 2013 - 12:58 GMT

Egypt turns to Iran in bid to boost tourism

Pipelines to transport crude oil from Iraq to Egypt  will be constructed
March 5th, 2013 - 12:31 GMT

Egypt strikes oil deal with Iraq

A man inspects a natural gas pipe in Bahrain
March 5th, 2013 - 10:45 GMT

Experts predict a bumper 2013 for the oil industry

Orascom Construction Industries denies it evaded Egyptian government tax (Image used for illustrative purposes)
March 5th, 2013 - 10:12 GMT

Denials over tax evasion case in Egypt

China has overtaken the US as the world's largest net importer of oil, according to a new report
March 5th, 2013 - 08:53 GMT

China overtakes US as 'world's largest oil importer'

Libya has resumed has exports to Italy following clashes near a gas instillation
March 5th, 2013 - 08:24 GMT

Libya resumes gas exports following clashes

Retail sales in Lebanon have taken a hit, in part due to the Syrian crisis and political instability
March 5th, 2013 - 07:22 GMT

Retail sales in Lebanon falling

Egypt's net foreign reserves fell by $105 million in February to $13.508 billion, the Central Bank of Egypt (CBE) stated on Monday.
March 5th, 2013 - 03:44 GMT

Egypt's foreign reserves keep on falling

Protesters have broken into an Iraqi oil field demanding jobs
March 4th, 2013 - 12:36 GMT

Protesters break into Iraqi oil field

A new pipeline that bypasses the key oil trading route of the Strait of Hormuz is still operating at a limited capacity
March 4th, 2013 - 12:17 GMT

Pipeline that bypasses Strait of Hormuz still at limited capacity

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