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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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Countries like Iran say that OPEC should bring down production as demand has come down in Western nations
December 11th, 2012 - 08:49 GMT

Watching this space: Crude oil parties await the OPEC meeting

Yet more pressure for Morsi as the $4.8 billion IMF loan is put on hold
December 11th, 2012 - 05:35 GMT

Egypt's IMF deal delayed over political turmoil

Iran holds the world's third-largest proven oil reserves and the second-largest natural gas reserves
December 11th, 2012 - 01:43 GMT

Iranian Oil Ministry to set up refinery near Caspian Sea

Lebanese banking affiliates’ profits in Syria plunge by more than 69 percent
December 11th, 2012 - 10:34 GMT

Lebanese banks feel the burn of war-torn Syria

Police received nine complaints from customers who had been robbed in that manner over a period of two months
December 11th, 2012 - 08:53 GMT

Hold-up Emirate-style! Police rope in an Abu Dhabi-based ring of bank-robbers

Since World Trade Organisation establishment in 1995, this would be the first time that Jordan is competing for this prominent position
December 11th, 2012 - 07:46 GMT

Jordan goes for broke! First time runner for top position at World Trade Organization

Ministers agreed not to separate the issue of the salary scale in principle and the means to fund it
December 11th, 2012 - 07:02 GMT

Deep divides still stand in the path of Lebanon's salary scale

China and other countries in Asia, including South Korea continue to buy Iran’s oil
December 10th, 2012 - 04:23 GMT

No hands on deck: Iran's shipping safety at risk

The World Bank forecast a $1.5 billion Palestinian budget deficit for 2012, with donor funds expected to cover only $1.14 billion of this shortfall
December 10th, 2012 - 01:16 GMT

Arab states cushion Palestinians from economic crisis with $100m per month 'financial safety net'

Wage hike would increase inflation by 2 to 3 percent and would push the balance of payments deficit above $2 billion each year
December 10th, 2012 - 10:07 GMT

Lebanon's cabinet still dithering on wage-hike

Cyber-attacks cost the economy Dhs1.5 billion ($422 million) a year
December 10th, 2012 - 10:00 GMT

While world wonders about 'chemical Syria' threat, UAE fears cyber-attacks

Jordan’s credentials in hosting the largest number of Palestinian refugees and other waves of refugees are well known
December 10th, 2012 - 07:41 GMT

Jordan springs to Gulf's defense: "GCC loans did not carry 'refugee' strings"

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