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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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OPEC survived the day, despite penalties imposed on Iraq in terms of cutting off its oil flow to the market
December 9th, 2012 - 01:10 GMT

OPEC navigates the slippery slope of politics

Saudi total oil exports in the current year are predicted to yield SR 1.089 trillion in revenues
December 9th, 2012 - 12:51 GMT

Saudi burns the midnight oil: exports rake in over SR 1 trillion

The global Islamic financial services industry continues to experience double digit growth, with recent estimates indicating that global Shari’ah-compliant assets now stand between $1.1- 1.3 trillion
December 9th, 2012 - 12:17 GMT

Financial players flock to Bahrain for World Islamic Banking Conference

The announcement of the union would be at a special summit to be held in the Saudi capital
December 9th, 2012 - 07:31 GMT

GCC takes baby steps towards Gulf union

A well-established port and transport infrastructure is critical to drive the economic competitiveness of any nation by promoting cross-border trade and enhancing investment inflows
December 9th, 2012 - 07:22 GMT

UAE secures position as global hub of trade: Khalifa Port set to open

The African Development bank is set to sign off an a loan for Egypt
December 6th, 2012 - 12:37 GMT

African Development Bank set to agree Egyptian loan

One million Saudis are unemployed
December 6th, 2012 - 11:39 GMT

Unemployment high in Saudi

Jordan's rail project is to be adopted  by the 'Union for the Mediterranean'
December 6th, 2012 - 11:20 GMT

Jordan to go on the rails?

Stocks are almost in freefall mode after a night of violent protests
December 6th, 2012 - 10:57 GMT

Egyptian stocks slide after violent protests

GCC states are planning a big spend on oil infrastructure projecta
December 6th, 2012 - 09:51 GMT

The GCC's oil infrastructure spending spree

Turkey should avoid any sanctions slapped on Iran
December 6th, 2012 - 09:43 GMT

Turkey should continue to import oil from Iran and avoid sanctions

Ding ding, round 2! Apple and Samsung back in court
December 6th, 2012 - 09:02 GMT

When two tribes go to war: Apple and Samsung back in court

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