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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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Jamal Abdullah Lootah, CEO, Imdaad
November 20th, 2016 - 06:02 GMT

Imdaad to showcase role of Internet of Things in facilities management at The Big 5 2016 in Dubai

Spain’s rail company Renfe, train maker Talgo, and state track operator Adif have extensive experience with the country’s own high-speed network. (AFP/Josep Lago)
November 20th, 2016 - 06:00 GMT

Saudi's Mecca-Medina high-speed train set to open in March 2018

Ahmed Mahboob leafs through one of the books that will be distributed during the campaign, assisted by Sheikha al-Ghaferi and Sheikha Masoud
November 20th, 2016 - 05:52 GMT

‘Dubai Reads’ initiative by Dubai Customs to distribute 10,000 books in public areas, schools, and universities

Staff from diverse backgrounds will inevitably find themselves sharing working time and space with people from the opposite side of the world, where business etiquette might differ widely from their own experiences. (Shutterstock)
November 20th, 2016 - 05:43 GMT

How to irritate your colleagues

During the event
November 20th, 2016 - 05:41 GMT

Abu Dhabi Ports hosts the 2nd Maritime Standard Ship Finance and Trade Conference in Abu Dhabi

Yasser Zeineldin, CEO, eHosting DataFort
November 20th, 2016 - 05:33 GMT

Why are businesses shifting to managed services for their IT needs?

Earlier this month, Egypt's central bank floated the pound and raised key interest rates, as part of a set of reforms aimed at alleviating a dollar shortage and stabilising the country's economy. (File photo)
November 20th, 2016 - 05:13 GMT

Sky high: EgyptAir pegs international ticket prices to the dollar

After the second $1 billion by January, the third chunk is expected to follow later in 2017. (File photo)
November 17th, 2016 - 01:07 GMT

Egypt to receive second billion-dollar installment from World Bank in January

In September, Novak met with Saudi Oil Minister Khalid al-Falih on the sidelines of the G20 summit in China to discuss ways to reverse a slide in crude oil prices. (AFP/File)
November 17th, 2016 - 12:00 GMT

Russian optimism on oil production talks raises hopes for Doha

As many as 49 road projects are planned, worth $5.43 billion, in addition to roundabouts, flyovers and tunnels. (Shutterstock)
November 17th, 2016 - 11:30 GMT

Oman to hit the road with $20B in transport infrastructure projects

Hamad Medical Corporation
November 17th, 2016 - 10:44 GMT

Hamad Medical Corporation opens the region’s first communicable disease center

The drop was more prominent in certain areas in Abu Dhabi, with high-end units on the Corniche seeing rates drop nine per cent year-on-year. (Shutterstock)
November 17th, 2016 - 10:30 GMT

Abu Dhabi's landlords under pressure to lower rents

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