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BUSINESS

BUSINESS latest

Iraqi money
July 3rd, 2026 - 06:13 GMT
Osama Ali

Osama Ali

Iraq's corruption crackdown uncovers wealth beyond belief, judge says

ALBAWABA — More than $2 trillion has been stolen from Iraq since 2003, according to Iraqi legal adviser and judge Munir Haddad, who said the scale of corruption uncovered by ongoing investigations exceeds anything previously imagined. Haddad said security and judicial authorities continue to arrest new suspects as investigations expand, with daily raids uncovering additional evidence. He noted that detailed confessions from key detainees have led investigators to other alleged ...
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During the event
July 26th, 2017 - 05:16 GMT

UAE Ministry of Economy Discusses Cooperative Prospects With Japan

Earlier this month, Saudi Arabia announced it would cut crude oil shipments in August. (AFP/ File)
July 25th, 2017 - 11:58 GMT

Saudi Arabia's Reduced Oil Exports Will Force US Inventories Lower: Analysts

Egypt’s economy has taken its toll on university fees. (File photo)
July 25th, 2017 - 11:21 GMT

Egypt’s Sluggish Economy Takes Its Toll on University Fees for 2017-2018

Searching, finding, and applying for jobs is a whole different process for senior executives. (File photo)
July 25th, 2017 - 11:12 GMT

Job Search Strategies for Managers and Senior Executives: Part 2

The man sent several SMSs in which he cursed God and threatened his business partner.(File photo)
July 25th, 2017 - 11:06 GMT

Dubai Businessman Fined $136,000 for Blasphemous Messages

Saudi Arabia on Monday approved the establishment of a national project for atomic energy. (File photo)
July 25th, 2017 - 10:51 GMT

Saudi Arabia Says Atomic Program Will 'Optimize Use of Energy Sources'

The Jordanian ministry of tourism issued instructions to travel agencies, directing them not to send tourists to Wadi Rum, 300km south of Amman, and to avoid some roads in the south of the Kingdom, for fear of possible violence. (File photo)
July 25th, 2017 - 10:36 GMT

Jordanians Insist Wadi Rum Safe, Reject Ministry Ban Over 'Tribal Violence'

Turkey claims most foreign funds are linked to EU member countries. (File photo)
July 25th, 2017 - 10:20 GMT

Foreign Investment in Turkey up 11.2 Percent in First 5 Months of 2017

Microsoft initially scrapped plans for the app, but the nostalgic cry of fans brought it back.
July 25th, 2017 - 10:15 GMT

Phew... Microsoft Says Paint Isn't Going Anywhere!

Saudi Arabia offered its first Riyal-denominated Sukuk to investors on Sunday this week. (File photo)
July 25th, 2017 - 09:38 GMT

Saudi Arabia Gets Bids of $13.6 Billion for $4.5 Billion Domestic Sukuk: SPA

Oman recorded a deficit of 21 percent of its GDP in 2016 as the oil price plunged to its lowest level in years. (File photo)
July 25th, 2017 - 09:25 GMT

Oman Slashes Subsidy Bill by 20 Percent, Eyes Further Cuts

Newly-appointed Noon CEO, Faraz Khalid.
July 25th, 2017 - 08:45 GMT

Noon Appoints Namshi Co-Founder Faraz Khalid as CEO

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