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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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SNF Iftar at Al Bustan Rotana, Dubai
June 16th, 2016 - 05:14 GMT

Al Bustan Rotana, Dubai commemorates Ramadan with SNF Development Centre for Students with Special Needs

Families enjoying last year’s Garangao festivities at Al Shaqab
June 16th, 2016 - 05:08 GMT

Celebrate Garangao with Qatar Foundation

With markets already balancing on the back of modest global economic growth, the price for crude oil last week topped $50 per barrel for the first time in nearly a year. (File photo)
June 16th, 2016 - 04:37 GMT

Brexit fears, Goldman Sachs report drive oil prices below $50

Microsoft will benefit from LinkedIn’s ‘Sponsored Content’ space by enhancing its business to business marketing offering. (File photo)
June 15th, 2016 - 01:00 GMT

Microsoft's LinkedIn acquisition creates new opportunities in the Middle East

Commerzbank declined to comment on the Der Semit's account due to data protection and bank secrecy laws.  (Opednews.com)
June 15th, 2016 - 12:00 GMT

Germany's Commerzbank shuts anti-BDS account in landmark move

Deloitte
June 15th, 2016 - 10:33 GMT

Deloitte Survey: Innovation among top 5 priorities for 96% of companies

The development plan approved in December 2015 plan would increase funding for housing, education, employment of Arab women, infrastructure, welfare services and public transport in Arab localities. (AFP/File)
June 15th, 2016 - 10:00 GMT

Israel downplays delay in $645M Arab budget allocation

LG Stylus 2
June 15th, 2016 - 09:34 GMT

LG Stylus 2 plus delivers upgraded features for improved user experience

Oryx Rotana launches Exclusive Fitness Membership Offer
June 15th, 2016 - 09:23 GMT

Oryx Rotana launches Exclusive Fitness Membership Offer

During the event
June 15th, 2016 - 09:17 GMT

Software AG successfully concludes first ARIS User Day in Riyadh

During the event
June 15th, 2016 - 09:08 GMT

Omanoil enriches the lives of people across the sultanate with At'a campaign

During the event
June 15th, 2016 - 09:02 GMT

MD & CEO receives Swiss Consul-General to Dubai

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