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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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Milaha said it expects the deal to be completed in Q4 2016. (File photo)
June 20th, 2016 - 07:00 GMT

Qatar Navigation's Milaha to buy stake in Al Shaheen Energy Services

ENBD Donates AED 2 Million to Reading Nation initiative
June 20th, 2016 - 06:59 GMT

Emirates NBD donates AED2 million to provide 200,000 books as part of ‘Reading Nation’ campaign

Mike Weston, Vice President, Cisco Middle East
June 20th, 2016 - 06:28 GMT

Cisco predicts Middle East & Africa to have highest growth in IP traffic worldwide

During the event
June 20th, 2016 - 06:12 GMT

56 Bahrainis graduate from Tamkeen’s Intelaaq Business Student Consultancy Program

Alan Weil, Editor-in-Chief of Health Affairs, and Professor the Lord Ara Darzi of Denham, Executive Chair of WISH, at a briefing on Global Health in Washington, DC
June 20th, 2016 - 05:33 GMT

WISH presents research at Global Health Policy Forum

During the event
June 20th, 2016 - 05:27 GMT

DEWA hosts Ramadan activities at Reading is Positive Energy exhibition

Ooredoo Goodwill Journey
June 20th, 2016 - 05:16 GMT

Ooredoo Goodwill Journey sets out for Northern Wilayats

Captain Thomas Ziarno from New Zealand and First Officer Abdulrahman Mohamed Al Busaeedi from the United Arab Emirate
June 20th, 2016 - 05:06 GMT

Emirates reveals 360-video tour of A380 flight deck

A potential combination of NBAD-FGB is expected to create the second largest bank in the Middle East after Qatar National Bank. (File photo)
June 20th, 2016 - 05:00 GMT

UAE: Proposed NBAD-FGB merger would create regional banking giant

Kempinski Summerland Hotel & Resort
June 20th, 2016 - 04:59 GMT

Kempinski Summerland Hotel & Resort: combining the magic of Beirut’s past with the European luxury of the present

Established in 1964, Americana, or Kuwait Food Company, is the parent group that brought to the Middle East more than a dozen major food brands like Pizza Hut, KFC, Costa Coffee and TGI Friday’s. (File photo)
June 20th, 2016 - 04:20 GMT

Alabbar's Adeptio buys $2.3B majority stake in Kuwait's Americana

During the event
June 20th, 2016 - 03:40 GMT

Ooredoo awards its distinguished employees during annual Ghabga

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