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BUSINESS

BUSINESS latest

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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Team “OASIS” won the Dubai challenge with a prototype of an Internet of Things (IoT) platform that can help conserve water.
November 14th, 2017 - 12:27 GMT

Accenture Selects Dubai Winner of Digital Hackathon

Sultan bin Sulayem receiving Johan Uggla in his office in Dubai
November 14th, 2017 - 12:19 GMT

Bin Sulayem Receives Maersk CEO in Dubai

A Lebanese bank has been commissioned to find buyers for the Four Seasons Hotel Beirut and Movenpick Hotel Beirut, partly owned by Prince Alwaleed bin Talal. (Courtesy of Four Seasons Hotel Beirut)
November 14th, 2017 - 12:12 GMT

Lebanon Puts Prince Alwaleed Bin Talal's Hotels in Beirut up for Sale

The new Ghibli as well as the Levante MY18 are now available in GranLusso and GranSport trims, previously introduced in the Quattroporte range.
November 14th, 2017 - 12:05 GMT

Maserati Middle East and Africa Reveals New Ghibli at Dubai International Motor Show 2017

FedEx has supported Orbis for more than 30 years to achieve its vision of a world in which no one is needlessly visually-impaired.
November 14th, 2017 - 11:59 GMT

Fedex Express Hosts Tour of Orbis Flying Eye Hospital at Dubai Airshow

The event was attended by key government officials.
November 14th, 2017 - 11:50 GMT

Bank Nizwa, Takaful Oman Launch Islamic Finance Knowledge Program in Oman

His Excellency Hamad Abdulla Al Shamsi, Vice Chairman Etihad Aviation Group, addresses graduates at the ceremony in Abu Dhabi.
November 14th, 2017 - 11:24 GMT

Etihad Marks 10 Years of 'Future Leaders Programme' at 2017 Graduation Ceremony

Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of ADNOC, with Darren W. Woods, Chairman and Chief Executive Officer of Exxon Mobil Corporation and Toshiaki Kitamura, President and Chief Executive Officer of INPEX, after the signing ceremony.
November 14th, 2017 - 11:15 GMT

Upper Zakum Field Production Capacity to Increase to 1 Million Barrels Per Day: ADNOC

IREIS 2017 presented investment opportunities in residential, commercial, retail and leisure sectors which drew tremendous response from investors.
November 14th, 2017 - 11:09 GMT

International Real Estate and Investment Show 2017 Concludes on a Successful Note

GE Aviation and flydubai today announced that they have reached an agreement for GE to provide Intelligent Network software.
November 14th, 2017 - 11:03 GMT

flydubai and GE Aviation Reach Agreement for Intelligent Network

Samsung’s new FlexWash washing machine is everyone's dream come true.
November 14th, 2017 - 10:59 GMT

Say Goodbye to Washing Day and Hello to Family Time With Samsung’s New FlexWash Washing Machine

Siemens has revealed that the threat of an industrial cyber risk on energy companies is rising, and companies should boost their security measures. (Pictured here: Leo Simonovich, Vice President and Global Head, Industrial Cyber at Siemens)
November 14th, 2017 - 10:52 GMT

Mideast Energy Companies Need Readiness Boost as Cyber Risk Intensifies, Says Study by Siemens

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