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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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Interest rates on education loans are usually higher than on other personal loans. (File photo)
August 16th, 2016 - 04:00 GMT

Ivory towers of academia: Is college unaffordable in MENA?

Several significant locations around the world have already made efforts to ban Pokemon Go hunters. (File photo)
August 16th, 2016 - 04:00 GMT

Pokemon no-go: Where the gamers are not welcome

The Central Bank of Egypt officially allows exchange offices to sell the US dollar with a 15 piaster difference above or below the official selling price. (File photo)
August 15th, 2016 - 02:00 GMT

Egypt cracks down on informal currency exchange traders

Saudi-Russian bilateral cooperation was not only focused on oil prices, but also on promoting renewable energy, nuclear energy, nuclear medicine and radio-logic technology. (AFP/File)
August 15th, 2016 - 01:21 GMT

Russia warms to discussions with Saudi Arabia ahead of OPEC meeting in Algeria

PepsiCo announced As Twitter launch partner for Promoted #Stickers
August 15th, 2016 - 10:50 GMT

PepsiCo announced As Twitter launch partner for Promoted #Stickers

Mashroo3i networking event
August 15th, 2016 - 10:12 GMT

Tamkeen holds networking session for “Mashroo3i” Youth Business Award Alumni for program’s third edition

Daimler Buses - Autonomously Driving City Bus
August 15th, 2016 - 09:53 GMT

World premiere: Daimler Buses presents autonomously driving city bus of the future

Indians form the largest workforce in the UAE based on nationality. (File photo)
August 15th, 2016 - 09:00 GMT

UAE introduces new initiatives to protect Indian migrant workers

Digitization will also fuel lateral job movements and a repositioning of current jobs in the financial sector.  (Shutterstock)
August 15th, 2016 - 08:00 GMT

Smart finance will fuel job creation in MENA: Booz Allen Hamilton

Mr.Turan Erdogan - CEO - Vestel
August 15th, 2016 - 07:38 GMT

Vestel joins SAMENA Council's membership

New Toyota Camry
August 15th, 2016 - 07:21 GMT

New 2017 Toyota Camry now available at Al-Futtaim Motors

If Egypt's local wheat procurement numbers were misrepresented, it may have to spend more on foreign wheat purchases to meet local demand. (Shutterstock)
August 15th, 2016 - 07:00 GMT

Egypt's mega project thrown into disarray over wheat scandal

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