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Iraqi oil field worker in Basra
June 25th, 2026 - 12:14 GMT
P. Choiaqo

P. Choiaqo

Iraq rethinking its OPEC membership due to oil production limits

ALBAWABA - In a Reuters exclusive report: Iraq, one of the founding members of OPEC, is now considering leaving the organization after Strait of Hormuz disruptions and limited oil production quotes hit the county hard. “Saudi Arabia and ​other OPEC allies should treat this matter with the utmost seriousness. Failing that, Iraq will be compelled to consider all available options,” a senior Iraqi oil ⁠ministry official told Reuters. Iraq’s economy ...
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Can Saudi Arabia Rescue Its Economy?
May 7th, 2020 - 01:00 GMT

Can Saudi Arabia Rescue Its Economy?

Philippine: Economy Contracts for First Time Since 1998 Due to COVID-19
May 7th, 2020 - 12:30 GMT

Philippine: Economy Contracts for First Time Since 1998 Due to COVID-19

Snapchat Unveils New AR Experience With Renowned Artist Damien Hirst
May 7th, 2020 - 12:00 GMT

Snapchat Unveils New AR Experience With Renowned Artist Damien Hirst

Careem Lays off 31 Percent of Its Staff, UberEats Shuts Down in Egypt, KSA
May 7th, 2020 - 11:30 GMT

Careem Lays off 31 Percent of Its Staff, UberEats Shuts Down in Egypt, KSA

Saudi Arabia: Moody's Degrades Ratings of 10 Banks to Negative
May 7th, 2020 - 11:00 GMT

Saudi Arabia: Moody's Degrades Ratings of 10 Banks to Negative

The New Tourism Norms Post COVID-19
May 7th, 2020 - 10:30 GMT

The New Tourism Norms Post COVID-19

US: COVID-19 Ravages Economy With Overall Debt Exceeding $14 Trillion
May 7th, 2020 - 10:00 GMT

US: COVID-19 Ravages Economy With Overall Debt Exceeding $14 Trillion

UAE Attempts to Combat Money Laundering With Fintech
May 7th, 2020 - 09:30 GMT

UAE Attempts to Combat Money Laundering With Fintech

Eurozone: Retail Trade Volume Plummets 11.2 Percent
May 7th, 2020 - 09:00 GMT

Eurozone: Retail Trade Volume Plummets 11.2 Percent

S&P: Turkey Maintains B+ Credit Rating
May 7th, 2020 - 08:30 GMT

S&P: Turkey Maintains B+ Credit Rating

EU Set to Enter Deepest Recession in its History
May 7th, 2020 - 08:00 GMT

EU Set to Enter Deepest Recession in its History

Will Saudi Arabia Emerge As Winner of Oil Price Wars?
May 7th, 2020 - 07:30 GMT

Will Saudi Arabia Emerge As Winner of Oil Price Wars?

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