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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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Four Seasons Hotel Doha
June 28th, 2016 - 07:15 GMT

Four Seasons Hotel Doha invites families to reconnect and recharge this summer

Lack of financial education cited as exacerbating economic inequality. (File photo)
June 28th, 2016 - 07:11 GMT

DFM and Nasdaq Dubai partner to boost financial literacy

Mike Piech, vice president and general manager, Middleware, Red Hat
June 28th, 2016 - 07:09 GMT

Red Hat delivers JBoss EAP 7, a foundation for hybrid cloud applications

France is Saudi Arabia's third largest trading partner. (AFP/Stephane de Sakutin)
June 28th, 2016 - 07:00 GMT

Major trade deals expected during Saudi Deputy Crown Prince's visit to France

Dubai is aiming to generate 7 percent of its total power from clean energy sources in the next four years, 25 percent by 2030 and 75 per cent by 2050. (File photo)
June 28th, 2016 - 06:00 GMT

Masdar seeks $800M loan for third phase of Dubai solar park

During the event
June 28th, 2016 - 05:15 GMT

Abu Dhabi global market and Etihad Airways become global strategic partners

Ladies Ghabqa
June 28th, 2016 - 05:01 GMT

ROTA raises QR1.5 million for Syrian refugees during ‘Ladies Ghabqa’

The world's top liquefied natural gas exporter is one of the richest countries per capita but it faces a $12.8 billion budget deficit this year because of the continued lower oil and gas prices. (File photo)
June 28th, 2016 - 05:00 GMT

Qatar's foreign trade surplus slashed in half in May

The entertainment complex will be developed by the state-run Aqaba Development Corporation. (File photo)
June 28th, 2016 - 04:44 GMT

Jordan to open new entertainment complex in Aqaba

During the event
June 28th, 2016 - 04:27 GMT

DEWA announces selected bidder for 800 MW third phase of the Mohammed bin Rashid Al Maktoum solar park

During the event
June 28th, 2016 - 03:44 GMT

HMC’s Corporate Communications Department holds Annual Suhoor Event for Staff and Journalists

Ooredoo
June 28th, 2016 - 03:40 GMT

Ooredoo announces weekly winners of its new prepaid campaign

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