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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 project aims to create a world-class provider of offshore EPCI services throughout the Middle East and regional markets.  (Offshore-technology.com)
March 9th, 2017 - 05:26 GMT

McDermott International, Aramco ink construction deal for Saudi maritime complex

Bahrain's friendly atmosphere seems to help women working abroad to settle in. (Shutterstock)
March 8th, 2017 - 03:00 GMT

Bahrain beats Australia and Norway as best country for women working abroad: Survey

The number of tourists coming to Egypt in 2015 was 9.3 million, compared with more than 14.7 million in 2010. (File photo)
March 8th, 2017 - 02:28 GMT

Is tourism in Egypt on its way to recovery?

The new rules will see bags without flat surfaces rejected at check-in. (Shutterstock)
March 8th, 2017 - 11:38 GMT

New baggage rule at Dubai airports

The Riyadh metro is now 48 per cent complete and will be completed in two years time. (File photo)
March 8th, 2017 - 10:40 GMT

Saudi Arabia eyes private partnerships for new metro projects

Yellow taxis that are part of Careem will charge slightly more than yellow taxis that are not included in the app. (File photo)
March 8th, 2017 - 09:00 GMT

Jordan: Amman taxis join Careem, resolving competition dispute

Aoun met Ferid Belhaj, World Bank director for the Middle East, and a delegation from the World Bank (The Daily Star/Dalati Nohra)
March 8th, 2017 - 08:00 GMT

World Bank to increase funds to Lebanon

Hyperloop One is competing with a number of other companies to have the first operational hyperloop system, a mode of transport that will propel passengers and cargo at speeds of nearly 700mp/h (1,127km/h). (File photo)
March 8th, 2017 - 07:00 GMT

Hyperloop One to hire staff for UAE expansion

Jordan's PM expressed interest in establishing a maritime line between Aqaba and Turkish ports, as well as increasing the volume of exported phosphate and potash to Turkey. (File photo)
March 8th, 2017 - 06:00 GMT

Jordan, Turkey target $3B trade volume, new maritime line

Motiva was formed in 1998 as a refining and marketing joint venture between affiliates of Shell and Saudi Aramco. (Saudi Aramco)
March 8th, 2017 - 05:17 GMT

Saudi Aramco, Shell finalize Motiva asset transfer to dissolve long-term JV

The Logistics Areas Project is located close to the Hamad Port, the Mesaieed Industrial Port and the Orbital Highway. (Shutterstock)
March 7th, 2017 - 01:00 GMT

Qatar logistics hub development expected to attract $8.24B in investment

Parliament is currently studying a law for the creation of a national committee for fighting corruption, as well as a law for the protection of those who report corrupt activities.  (Shutterstock)
March 7th, 2017 - 12:00 GMT

Modernization of laws to fight corruption, money laundering needed: Lebanese minister

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