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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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Fall is a good time for you to get up and get moving, experts say. (Shutterstock)
October 30th, 2017 - 12:28 GMT

Fall a Good Time to Start Exercising, Medical Experts Say

Honor 7X comes with an 18:9 display and a dual camera setup. (Shutterstock)
October 30th, 2017 - 12:23 GMT

Honor 7X Will Make Its Debut in the UAE and Saudi Arabia

Today more than 140 Shake Shacks globally are located in the GCC. (Shutterstock)
October 30th, 2017 - 12:17 GMT

Shake Shack Plans Saudi Expansion

The initiative is aimed at supporting women working in the private sector and increase their employment in this sector. (File photo)
October 30th, 2017 - 12:07 GMT

Saudi Arabia's MoL to Bear 80 Percent of Transportation Cost for Working Women

Doha Bank
October 30th, 2017 - 11:58 GMT

Doha Bank Launches New Services for Al Riyada Customers

The property celebrated the achievement at the Employees’ Recognition event where Moussa El Hayek, acknowledged his management team and staff for showcasing excellent performance and providing exceptional service.
October 30th, 2017 - 11:55 GMT

Al Bustan Centre and Residence Recognized for Good Standards in Hospitality Service

VAT is likely to bring notable changes in the way business is carried out by hospitality firms in the UAE. Here are some of these changes. (File photo)
October 30th, 2017 - 11:54 GMT

Opinion: How VAT in UAE Will Affect Tourism, Hospitality Sectors

Emirates Airline
October 30th, 2017 - 11:50 GMT

Dubai’s Emirates to Fly Daily to Algiers

Anwar Siddiqui, President of Bahri Data
October 30th, 2017 - 11:28 GMT

Bahri Data Highlights Big Data’s Potential at Maritime Innovation and Digitalization Day 2017 Organized by Dubai Maritime City Authority

Turkey and Jordan agreed in 2016 on a Roll-on/Roll-off 'Ro-Ro' route between Turkish ports and Jordan’s Aqaba port, but the deal never took off. (File photo)
October 30th, 2017 - 11:26 GMT

Turkey, Jordan Mull New Maritime Route Project

Nakheel Properties
October 30th, 2017 - 11:11 GMT

Nakheel Showcases Diverse Range of Ready-To-Occupy Homes at Dubai Property Show in Mumbai

Iran's president, Hassan Rouhani. (AFP/ File)
October 30th, 2017 - 11:08 GMT

Iran Expects to Sign More Than $20 Billion of Energy Contracts in 2018

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