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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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Khaldoun Tabari, CEO and Vice Chairman of Drake & Scull International
August 15th, 2016 - 06:58 GMT

Drake & Scull announces H1 2016 Financial Results

EISA Awards
August 15th, 2016 - 06:44 GMT

LG OLED TV wins big at EISA Awards 5 years running

Sabby Gill - EVP - Epicor
August 15th, 2016 - 06:24 GMT

Epicor continues cloud-first strategy rollout with the Middle East

Smart Dubai has completed the first phase of its city transformation. (Shutterstock)
August 15th, 2016 - 06:00 GMT

Gitex Technology Week to shine spotlight on potential $1.6T in smart city investments

HE Saeed Mohammed Al Tayer MD&CEO - DEWA
August 15th, 2016 - 05:36 GMT

DEWA launches third phase of SAP Business Planning and Consolidation Module

Mr. Hisham Alrayes, CEO of GFH
August 15th, 2016 - 05:24 GMT

GFH records net profit of $11.5 million attributed to its shareholders for the first half of 2016

Qatar Foundation
August 15th, 2016 - 05:23 GMT

HBKU makes Nature Index’s List of Top Research Rising Star Institutions

Samsung Galaxy Note7
August 15th, 2016 - 05:17 GMT

Get the Samsung Galaxy Note7 with zero upfront payments from du

During the blood donation
August 15th, 2016 - 05:12 GMT

Downtown Rotana staff participate in blood donation drive

The divestment is part of Dubai Financial Group's restructuring plan. (Aswat Masriya)
August 15th, 2016 - 05:00 GMT

Dubai Financial Group sells share in Egyptian investment bank EFG Hermes

Art exhibition at Dammam's King Fahd International Airport. (Twitter/Saudi Gazette)
August 15th, 2016 - 04:00 GMT

Saudi Arabia to establish Royal Academy of Arts

The defendants include six Saudis, two Pakistanis and one defendant each from Jordan, the Philippines, Canada, Palestine, Egypt and the UAE. (AFP/File)
August 15th, 2016 - 04:00 GMT

Mecca crane collapse case: Criminal court gives defendants 45 days to counter charges

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