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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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Oman Arab Bank and Ominvest social investments reach Royal Hospital with new playground
August 16th, 2016 - 08:06 GMT

Oman Arab Bank and Ominvest social investments reach Royal Hospital with new playground

A Guide to Developing and Launching Apps for Samsung’s Smart UX Center
August 16th, 2016 - 08:03 GMT

Samsung Printing Solutions unveils Guide to Developing and Launching Apps for the Smart UX Center

Red Hat
August 16th, 2016 - 07:08 GMT

Red Hat positioned in the Visionaries quadrant of gartner's 2016 Magic Quadrant for x86 Server Virtualization Infrastructure

On a per litre basis, the new retail gasoline price is still less than half of the cost of gasoline in Europe and the lowest in the GCC. (Shutterstock)
August 16th, 2016 - 07:00 GMT

Kuwait's energy subsidy cuts 'a bold move': World Bank

Emrill in strategic partnership with Hertz
August 16th, 2016 - 06:58 GMT

Emrill in strategic partnership with Hertz

During the event
August 16th, 2016 - 06:46 GMT

Exploring a transport revolution: DP World partners with hyperloop to evaluate new technology

ASUS
August 16th, 2016 - 06:40 GMT

ASUS announces X99-E-10G WS

Egypt's Mohamed Mahmoud poses with his bronze medal on the podium of the Men's 77kg weightlifting competition at the Rio 2016 Olympic Games. (AFP/GOH Chai Hin)
August 16th, 2016 - 06:00 GMT

Rio 2016: Organizers struggling to meet overwhelming demand for halal food

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 16th, 2016 - 05:14 GMT

DEWA awards construction contract for 400 kV power transformer at Hassyan Clean Coal Power Plant

Investcorp has seen its most active period since the firm’s inception in the last 12 months after signing five new deals and exiting nine portfolio companies. (Shutterstock)
August 16th, 2016 - 05:00 GMT

Bahrain's Investcorp buys UK's Nebulas to become European cybersecurity giant

OPI alleges regulatory restrictions on international fund transfer in foreign currencies for its failure to settle the payments. (LinkedIn/Red Sea Housing Services Company)
August 16th, 2016 - 04:00 GMT

Saudi-listed Red Sea Housing Services sues to recover $24.5M in US court

Forbes Middle East unveils the most promising startups in Egypt. (File photo)
August 16th, 2016 - 04:00 GMT

Egypt's 20 most promising startups revealed: Forbes

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