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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 assisted sectors include  business and SMEs development; innovation and technological transfer; fight against poverty and social inclusion and environmental sustainability. (AFP/File)
March 13th, 2017 - 11:00 GMT

Jordan secures EU finance for socioeconomic and environmental programs

Al Qurrayah, Saudi Arabia. (Pixabay)
March 13th, 2017 - 10:00 GMT

Saudi targets domestic tourists with 'Live Saudi Arabia' campaign

Saudi Arabian King Salman arrives at Haheda Airport in Tokyo on March 12, 2017. (AFP/Toru Yamanaka)
March 13th, 2017 - 09:14 GMT

Expanded partnership agreements expected on King Salman's historic visit to Japan and China


Construction work is due to start this month, with the first berths planned for completion in 2021. (Shutterstock)
March 13th, 2017 - 08:00 GMT

Algeria breaks ground on $3.3B deepwater port project

Integrated Financial Group is managed and controlled by Abu Dhabi Financial Group (ADFG), which acquired a 48.36 per cent stake in Shuaa last November. (File photo)
March 13th, 2017 - 07:00 GMT

Dubai's Shuaa Capital to acquire two ADFG financial subsidiaries

Tunisair passengers were stranded for hours after the airline was forced to suspend flights following a row between pilots and maintenance workers. (Shutterstock)
March 13th, 2017 - 06:00 GMT

Tunisair cancels flights over fight between technicians and pilots

Nasdaq Dubai is the world’s largest venue for sukuk listings at $45.06 billion.  (File photo)
March 13th, 2017 - 05:02 GMT

Nasdaq Dubai, Bourse de Tunis partner to boost Islamic finance

Relations between Turkey and Egypt grew strained after the ouster of Morsi, a close ally of president Erdogan's AKP government. (File photo)
March 12th, 2017 - 03:30 GMT

Egypt, Turkey discuss economic cooperation for first time since 2013 Morsi ouster

Talking at the ITB tourism fair, Emirates President, Tim Clark, commented on popularity of low-cost airlines, Trump's travel ban and Emirates-Etihad merger rumors. (AFP/Tobias Schwarz)
March 12th, 2017 - 02:20 GMT

Emirates chief denies merger plans with Etihad Airways

Under the Golden Visa programme, individuals and their families get a second citizenship and passport after making an investment in the country's real estate sector. (Shutterstock)
March 12th, 2017 - 12:00 GMT

EU real estate developers court Arab investors with Golden Visa programs

Barclays, Byblos Bank, Societe Generale de Banque au Liban and JPMorgan will co-manage the eurobonds issuance.  (World Finance)
March 12th, 2017 - 11:00 GMT

Lebanon appoints four banks for $1.5B eurobond issue

HRH Princess Ghida Talal spoke at the opening ceremony of the importance of nurturing and improving local talent. (Shutterstock)
March 12th, 2017 - 10:00 GMT

Jordan hosts 12th Annual Harvard Arab World Conference

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