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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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OAMC is striving to become one of the top airports in the world by 2020. (File photo)
July 11th, 2016 - 05:59 GMT

Oman airports introduce measures to address delays

Turkish Airlines plane painted in official UEFA EURO 2016TM livery
July 11th, 2016 - 05:09 GMT

Turkish Airlines celebrates UEFA EURO 2016TM finals

The agreement includes the creation of playgrounds, purchasing equipment and furniture, building the capacities of teachers and paying their salaries.  (UNICEF)
July 11th, 2016 - 05:04 GMT

Jordan receives $39.3M UNICEF grant for education

During the event
July 11th, 2016 - 04:55 GMT

labourers reach out to their loved ones during Eid with Samsonite

During the event
July 11th, 2016 - 04:44 GMT

DEWA honours the winners of its 2nd Suppliers Cricket Tournament

During the event
July 11th, 2016 - 03:44 GMT

Imdaad commends educational excellence of four 12 th Grade toppers for School Year 2015-2016

During the event
July 11th, 2016 - 03:40 GMT

Ooredoo celebrates Eid with challenge and gifts in avenues

The contract comes as crude oil prices are holding steady in the $50 per barrel range, after plummeting below $30 per barrel early this year. (Shutterstock)
July 10th, 2016 - 01:00 GMT

Singapore's Swiber Holdings wins $215M pipeline project contract in Qatar

The growth of the wearables market provides a rare ray of light amid an overall downturn for personal computing in the region. (File photo)
July 10th, 2016 - 12:25 GMT

Look smart, wear smart: Middle East, Africa wearables market jumps 65 percent

A muffled voice hidden in a YouTube video can issue commands to a nearby smartphone without you even knowing it. (File photo)
July 10th, 2016 - 12:11 GMT

How voice software and YouTube videos make you more vulnerable to hackers

The shockwaves of the Brexit vote have extended worldwide and the fallout will affect the air transport industry, from both economic and regulatory perspective. (Emirates)
July 10th, 2016 - 12:00 GMT

Middle East airlines register strongest traffic growth globally this year: IATA

As of 2015, there is more than $147 million worth of fake US dollar bills circulating around the world. (File photo)
July 10th, 2016 - 11:30 GMT

Counterfeit cash still plagues the market

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