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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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Staycations allow travellers to focus expenditure on the stay versus the journey. (File photo)
June 21st, 2016 - 12:00 GMT

UAE residents stay to play: 'Staycations' are a rising trend

It’s always difficult to determine the bottom of a market. (Shutterstock)
June 21st, 2016 - 11:57 GMT

What goes down must go up? Investing in crashing markets

Put your spare time to good use this summer. (File photo)
June 21st, 2016 - 11:53 GMT

Try e-learning and boost your job prospects

Muslim Pro also features a map of halal restaurants and mosques. (Khaleej Times)
June 21st, 2016 - 11:40 GMT

Ramadan apps: Favorites for the Holy Month and beyond

The IMF issued a fresh warning that a British vote to leave the EU would likely lead to slower economic growth and higher unemployment over the coming years. (Shutterstock)
June 21st, 2016 - 11:07 GMT

Can the Middle East weather the financial storm if the UK leaves the EU?

The IWI Tavor assault rifle, widely exported worldwide, on display at an arms fair. (IWI)
June 21st, 2016 - 11:00 GMT

Israeli lawmakers back bill to restrict sale of arms to 'countries violating human rights'

During the award ceremony
June 21st, 2016 - 10:24 GMT

DEWA wins Training Initiative of the Year Award 2016 from Emirates Green Building Council

During the event
June 21st, 2016 - 10:08 GMT

du University hosts its first ‘Coaching Conference’

Oman wants to replicate the success of waterparks in its neighbouring countries. (Shutterstock/Olga Vasilyeva)
June 21st, 2016 - 10:00 GMT

Oman to make a splash with plans for new waterpark in Muscat

During the event
June 21st, 2016 - 09:22 GMT

Students showcase the growing diversity and modernisation of Omani entrepreneurism

Official Match Ball of the UEFA EURO 2016TM
June 21st, 2016 - 09:03 GMT

adidas unveils Fracas, the Official Match Ball of the knock out phase and decider of who will take first place at UEFA Euro 2016TM

Mohammad Al-Mojil Group is one of the largest of Saudi Arabia's construction companies. (Arab News)
June 21st, 2016 - 09:00 GMT

Saudi contractor MMG's entire board resigns after jail sentences, fines

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