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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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Nominal GCC GDP is to hit a record high, according to a leading regional expert
February 20th, 2013 - 12:03 GMT

Nominal GCC GDP hits record high

Saudi Arabia’s gross domestic product grew by 31 per cent in 2011, according to a new report
February 20th, 2013 - 11:52 GMT

Saudi Arabian GDP posts massive 31 per cent increase

Apple was targeted by the same hacking group that attacked Facebook last week
February 20th, 2013 - 10:54 GMT

Cyber attack: Apple targeted by same group as Facebook hackers

Jordan's decision to cancel winter time saved the Kingdom $7 million, according to the country's Energy Minister
February 20th, 2013 - 10:34 GMT

Cancelling winter saved Jordan $7 million

Former Egyptian PM and Presidential candidate Ahmed Shafiq is to be referred to trial for embezzling public funds
February 20th, 2013 - 08:01 GMT

Former Egyptian PM faces prosecution over corruption

The gas facility at the centre of the Algeria hostage crisis is set to restart production on February 24
February 20th, 2013 - 07:49 GMT

Algerian hostage gas site to restart production

Jordan has created 8,800 jobs in just ten days to help ease unemployment in the Kingdom
February 20th, 2013 - 07:21 GMT

Jordan create 8800 jobs in just 10 days

Economists have warned against Lebanon's PM Mikati's real estate plans
February 20th, 2013 - 07:01 GMT

Lebanese PM's housing plan could price out local

Job creation isn't the government's job alone, the country's industry minster claimed on Tuesday
February 20th, 2013 - 03:00 GMT

Job creation not government's job alone - Egypt's Industry Minister

Egypt will begin to reduce fuel subsidies in April, the country's minister of petroleum and mineral resources said on Monday.
February 19th, 2013 - 11:53 GMT

Egypt to ration fuel subsidies in April - Petroleum minister

Citrus exports from Lebanon are surging
February 19th, 2013 - 11:53 GMT

Citrus exports remain sweet for Lebanon

Bahrain is to receive $3.5 billion form the UAE for development projects
February 19th, 2013 - 10:14 GMT

UAE grants Bahrain $2.5 billion for development

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