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BUSINESS

BUSINESS latest

Ali Al-Zaidi
June 27th, 2026 - 10:35 GMT
P. Choiaqo

P. Choiaqo

Iraq’s new PM begins a long battle against entrenched corruption in Iraq by seizing $86 million

ALBAWABA -Ali Al-Zaidi, Iraq’s new and youngest PM ever, has begun a battle against corruption - making the first move by seizing $86 million in cash alongside properties, vehicles, and gold. Corruption is a long-standing issue in Iraq; especially in the public sector - something already widely known by the Iraqi populace. However, Iraq’s new and youngest PM seems to be giving Iraqis a breath of fresh air; opening investigations ...
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Emirates expanded its network to over 156 destinations in 2017. (AFP/ File)
December 31st, 2017 - 01:28 GMT

Emirates Ends 2017 With Fleet and Product Milestones

At midnight, the biggest fireworks show of the season will mark the arrival of the New Year in the UAE at Dubai's Global Village. (Shutterstock)
December 31st, 2017 - 11:00 GMT

New Year's Eve: Fireworks in Dubai to Begin at 8pm on December 31

Qatar’s trade surplus expanded to QR12.8 billion in November, a 32 percent jump from a year ago. (Shutterstock)
December 31st, 2017 - 10:00 GMT

Qatar’s Trade Surplus Up 32 Percent in 2017, Despite Blockade

Arabtec Holiding
December 31st, 2017 - 09:06 GMT

Arabtec Wins $279 Million Dubai Properties Project Deal

Saudi Arabia has announced that it is working on a mechanism to return the value-added tax (VAT) to tourists in 2018. (Shutterstock)
December 31st, 2017 - 09:00 GMT

Tourists to Get Refund on VAT Paid in Saudi Arabia

Dubai Electricity and Water Authority
December 31st, 2017 - 08:56 GMT

Dewa's Investment in R&D Unit to Hit $136 Million

Officials at the signing ceremony held in Dhahran
December 31st, 2017 - 08:53 GMT

Saudi Aramco Launches New Global Maritime Industries JV

Officials at the STC unit launch ceremony in Riyadh
December 31st, 2017 - 08:46 GMT

STC to Build Largest Network Operations Centre in MENA

The use of driverless technology and move towards electrified drivetrains will be two top trends for new car showrooms in 2018, according to Hyundai Middle East chief.
December 31st, 2017 - 08:39 GMT

Driverless Tech, Electric Top Auto Trends for 2018: Hyundai

Jannah Burj Al Sarab
December 31st, 2017 - 08:00 GMT

Discover the Best of the Season With Jannah Burj Al Sarab

250,000 travelers are expected to arrive into Dubai from 28 December to 1 January 2018. (Shutterstock)
December 31st, 2017 - 08:00 GMT

Hundreds of Thousands to Fly Through Dubai for New Year's Eve

During the event
December 31st, 2017 - 07:55 GMT

Dubai Silicon Oasis Authority Benchmarks With Dubai Customs on CSR

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