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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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The resumption of Saudi oil deliveries to Egypt signal a potential thaw in relations after months of tension.  (AFP/Hassan Anmar)
March 21st, 2017 - 07:00 GMT

Saudi Aramco to resume oil shipments to Egypt after six month suspension

According to Royal Jordanian, the new rule applies to flights both to and from the US.  (AFP/File)
March 21st, 2017 - 06:00 GMT

Royal Jordanian, Saudia leak plans to ban large devices onboard US flights from 13 countries


The current portfolio of the World Bank in Egypt includes 22 projects for a total commitment of about $8.1 billion. (File photo)
March 21st, 2017 - 05:17 GMT

Egypt receives second billion-dollar tranche of World Bank loan

The real estate sector in Egypt is driven by strong demand from a young population looking to purchase their own home. (File photo)
March 20th, 2017 - 03:56 GMT

Egypt named fastest-growing mortgage market in the world

Lebanon will not be affected by hikes in US interest rates. (Shutterstock)
March 20th, 2017 - 12:51 GMT

Interest rates in Lebanon not affected by US Fed’s rate hike

Kuwait is expected to be the only Gulf state with a budget surplus this year. (File photo)
March 20th, 2017 - 11:35 GMT

Is Kuwait’s foreign bond sale enough to balance its budget?

Qatar's Hamad International Airport. (Shutterstock/ Elena Mirage)
March 20th, 2017 - 10:15 GMT

Hamad International Airport among world's top 10 airports in 2017: Skytrax

Women face a number of social obstacles in obtaining suitable jobs and they often cannot find reliable transportation. (Shutterstock)
March 20th, 2017 - 09:00 GMT

Saudi remote working program targets 141,000 jobs for women

Main Hot Springs, Jordan. (Flickr)
March 20th, 2017 - 08:00 GMT

Arab Water Week: Regional water availability problem is financial

Bank Audi entered the Egyptian market in March 2006 and succeeded in consolidating its position to become a leading bank in Egypt.  (File photo)
March 20th, 2017 - 07:00 GMT

Against the tide, Bank Audi eyes 2017 expansion

Demonstrators protest against the government's decision to raise taxes to cover a salary increase for teachers and other public servants, Beirut,  March 19, 2017.  (AFP/Stringer)
March 20th, 2017 - 05:06 GMT

Lebanon: Angry tax protests continue for fourth consecutive day

The deal aims to promote the Kingdom’s economy, develop the ICT sector and build national talents who could lead the digital transformation drive at the national level. (Wikimedia Commons)
March 20th, 2017 - 05:00 GMT

Oracle to train 5,000 Saudi youth in IT over next four years

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