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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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Mr José Antonio Marina, Mr Stavros Yiannouka, and Mr Joe Hallgarten at the recent panel discussion in Madrid hosted by WISE
June 21st, 2016 - 05:09 GMT

WISE hosts panel on education system reform

During the event
June 21st, 2016 - 05:02 GMT

PepsiCo-Jordan renews its partnership with Tkiyet Um Ali to alleviate hunger during Ramadan

Al Bawaba
June 21st, 2016 - 05:00 GMT

Hundreds of workers face serious salary delays in Oman

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
June 21st, 2016 - 04:53 GMT

43 children graduate from DEWA nurseries in 2016

During the event
June 21st, 2016 - 03:44 GMT

Huawei partipates in iftar distrubition at Ooredoo tent

Sir Bani Yas beach
June 21st, 2016 - 03:40 GMT

Record year for Abu Dhabi Ports’ Cruise Terminal underscores UAE’s thriving tourism industry

Egypt's telecoms regulator has approached three companies that currently offer mobile services in Egypt about applying to buy 4G licences but did not give details or prices. (Itp.net)
June 20th, 2016 - 12:00 GMT

Orange Egypt mulls $400M 4G license offer

Getting news is difficult is because the working hours are very short during Ramadan. (File photo)
June 20th, 2016 - 11:16 GMT

Low productivity during Ramadan means a dry spell for media

Rumaila, one of the world's largest oil fields, began production in 1954. (Iraqenergy.org)
June 20th, 2016 - 11:00 GMT

Amec Foster Wheeler lands BP Iraq oil field contract

Etihad Airways
June 20th, 2016 - 10:51 GMT

Etihad Cargo wins ‘Airline of the Year’ at air Cargo Awards in Shanghai

The Very Large Crude Carrier (VLCC) MV Sirius Star which was captured by Somali pirates in 2008 en route from Saudi Arabia to the United States via the Cape of Good Hope. (Wikipedia)
June 20th, 2016 - 10:00 GMT

Egypt charging oil tankers $155,000 to transit through Suez Canal

The founders say they were motivated to create the app following a fatal accident of a close relative because of a pothole on the road.  (File photo)
June 20th, 2016 - 09:01 GMT

Saudi developers' Hofra app focuses on road safety

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