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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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Workers at Egypt's Ain Sokhna port are taking industrial action demanding employment contracts with port managers
February 6th, 2013 - 10:08 GMT

Workers on strike at Egypt's Ain Sokhna port

Saudi Arabia’s King Abdullah bin Abdulaziz Al Saud, replaced the head of the Capital Market Authority (CMA) yesterday
February 6th, 2013 - 09:45 GMT

Saudi King replaces CMA boss

According to an industry executive, returns on Qatari railway investment could top $38 billion
February 6th, 2013 - 09:32 GMT

Returns could be big on Qatari railways

A German fund is to help Lebanese SMEs in an effort to boost the economy
February 6th, 2013 - 08:44 GMT

Lebanon’s SMEs to benefit from $20 million from German fund

Egypt's Central Bank revealed yesterday that net foreign reserves fell by $1.4 billion in January
February 6th, 2013 - 04:00 GMT

Egypt's foreign reserves drop dramatically

Air Arabia carried record numbers of passengers last year
February 5th, 2013 - 01:06 GMT

Air Arabia passenger numbers taking off

The Emirates national oil company, ENOC, is shunning Iranian oil in favour of Qatari crude
February 5th, 2013 - 12:15 GMT

Emirates oil company shuns Iran in favour of Qatar

Egypt is set to finalise an economic plan to secure a $4.8 billion IMF loan next week
February 5th, 2013 - 11:32 GMT

Egypt to finalise economic plan next week

Standard and Poors, which downgraded Egypt's economic outlook recently, is facing legal action in the US over the subprime financial crisis
February 5th, 2013 - 10:51 GMT

No friend of Egypt's economy: S&P versus US in mortgage ratings trial

The hostage crisis in Algeria could see Maghreb economies diversifying away from hydrocarbons
February 5th, 2013 - 09:32 GMT

Algerian gas installation attack could see economies diversifying

Egypt's decision to raise the ost of using the Suez Canal could see ships diverted away from the trade route
February 5th, 2013 - 07:31 GMT

Suez Canal price hike could cause a storm in port

The World Bank stressed yesterday its commitment to ensuring Yemen gets all pledged funds from a recent donor meeting
February 5th, 2013 - 06:29 GMT

World Bank pledges support for Yemen funding

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