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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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Last month, Egypt had not received October allocations of petroleum aid from Saudi Arabia, forcing its state oil buyer to rapidly increase tenders. (Shutterstock)
November 7th, 2016 - 12:00 GMT

Saudi Aramco halts oil shipments to Egypt indefinitely

The duration of protection endures for the period of the author’s lifetime and fifty years following the author’s death. (Khaleejesque)
November 7th, 2016 - 11:00 GMT

Kuwait's new copyright law protects artists', authors' intellectual property

The hike in fuel prices is already causing problems between taxi drivers and passengers over fares, since they are yet to be officially amended by the government. (Egyptianmotors.com)
November 7th, 2016 - 10:00 GMT

Egypt's cabbies urge fare increase to account for hiked fuel prices


Currently in the GCC, SMEs employ approximately 17 million people and forecasts note that this number is expected to reach 20 million by 2020 at an annual growth rate of almost 2.5 percent. (BestDesignGuides.com)
November 7th, 2016 - 09:00 GMT

SMEs in MENA make up 90 percent of registered companies

Shares of Zain Saudi, a unit of Kuwait’s Zain, have risen 8 per cent since the order was announced, compared to a 6.4 per cent gain by the Tadawul All Share Telecommunications Index. (Gulf Business)
November 7th, 2016 - 08:00 GMT

DEWA to move headquarters to 'world's largest net zero-energy building' in 2019

Once Saudi Arabia sorts its visa issues it is more than ready to accommodate international patients. (Shutterstock)
November 7th, 2016 - 07:00 GMT

Saudi Arabia seeks public-private partnerships for medical tourism proposal

The UAE's confectionary sector is also anticipated to grow with total chocolate and sweets sales growing by 6.2 percent CAGR by 2020. (Sweets.news)
November 7th, 2016 - 06:06 GMT

UAE's food sales market expected to hit $16.7B by 2020

Some 60 female ophthalmologists graduated from King Saud University versus only eight male ophthalmologists. (Shutterstock)
November 6th, 2016 - 12:00 GMT

Saudi Arabia to lift restrictions on women working in pharmacies, optical stores

Lebanon has not yet passed laws on e-commerce and e-banking. (Shutterstock)
November 6th, 2016 - 11:00 GMT

Lebanon's lawmakers push for legislation overhaul to combat rising cybercrime

Hosted by the Abu Dhabi National Oil Company (Adnoc) and organised by dmg events, Adipec will commence tomorrow with the official opening ceremony. (ADIPEC)
November 6th, 2016 - 10:13 GMT

Global oil and gas giants converge on Abu Dhabi for ADIPEC 2016

Revenues from corporate income tax have seen a remarkable increase in Oman. (Shutterstock)
November 6th, 2016 - 09:00 GMT

Oman gears up for tax system amendments

Saudi's growth of purchasing activity eased to a four-month low in October, but remained faster than that seen for output and new work. (File photo)
November 6th, 2016 - 08:00 GMT

Saudi Arabia: Latest austerity measures impact non-oil private sector growth

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