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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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Public subsidies and fiscal aid are estimated to cost the country $3bn in the current fiscal budget, or about 5 per cent of projected spending. (Shutterstock)
November 2nd, 2016 - 09:00 GMT

Kuwait refutes reports that it will cut public subsidies

Kaspersky Lab
November 2nd, 2016 - 08:53 GMT

Kaspersky Lab partners with Abu Dhabi Racing to support Daman Speed Academy and promote motorsport

Peter Yeo Vice President, Public Policy & Advocacy, UN Foundation, Rashed Al Ansari General Manager of Al Ansari Exchange & his spouse, and Kathy Calvin, President and CEO UN Foundation
November 2nd, 2016 - 08:33 GMT

Al Ansari Exchange honoured by United Nations Foundation for their philanthropic work towards eradicating malaria

Waze is technically owned by Google, but this "social" navigation app is completely separate from Google Maps. (Waze)
November 2nd, 2016 - 08:32 GMT

Find your way without Google Maps with these apps

Al-Jadaan’s first major job will be to deliver the 2017 budget toward the end of this year. (Arab News)
November 2nd, 2016 - 08:08 GMT

Saudi Arabia’s finance minister Mohammed Al-Jadaan: The new face of fiscal reform?

During the event
November 2nd, 2016 - 08:02 GMT

Royal Jordanian, InterContinental Hotels Group sign partnership agreement

In the past weeks, severe sugar shortages hit the Egyptian market prompting talk of a crisis and pushing the state to rapidly increase imports despite an acute dollar shortage and soaring global prices.
November 2nd, 2016 - 08:00 GMT

Egypt raises subsidized sugar prices by 40 percent as stocks dwindle

Paramount Residences
November 2nd, 2016 - 07:56 GMT

DAMAC Properties awards China State Construction Engineering Corporation AED 554 Million contract for Paramount Tower Hotel and Residences

The Urban Heritage Administration Center will house the permanent headquarters for the Heritage Museum. (Inhabitat.com)
November 2nd, 2016 - 07:00 GMT

Zaha Hadid Architects to design Saudi heritage center in Diriyah

ADNOC Distribution service station
November 2nd, 2016 - 06:52 GMT

ADNOC Distribution opens Al Taawan and Al Hamriya service stations in Emirate of Sharjah

Etihad Airways' B787-9 lands in Johannesburg
November 2nd, 2016 - 06:50 GMT

Etihad Airways introduces its Boeing 787 Dreamliner to Johannesburg

WISE-LIFE China Education Forum
November 2nd, 2016 - 06:45 GMT

WISE to hold Beijing Forum on Innovation in Education for Equity and Empowerment

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