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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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Hany Fahmy Aly, Executive Vice President of Enterprise Business, du
August 14th, 2016 - 05:08 GMT

du and Careem collaborate to give enterprise customers fantastic savings on their transportation needs

Bollywood Parks Dubai, Motiongate Dubai, and Legoland and Legoland Water Park are due to open in Dubai on October 31, 2016. (Shortlist Dubai)
August 14th, 2016 - 05:00 GMT

Dubai Parks and Resorts’ losses widen as expansion plans near fruition

BeIN CONNECT allows you to watch the Games on the go. (Shutterstock/M. Primakov)
August 14th, 2016 - 04:00 GMT

Rio 2016: Get into the Olympic spirit with these iPhone apps

The new HP Stream 11 will be one of the cheapest notebooks in the company's 2016 line-up. (Computer Shopper)
August 14th, 2016 - 04:00 GMT

HP to debut budget laptops starting at $199

It may not be a very luxurious travel experience, but budget airlines transport passengers from point A to point B at minimal cost. (Wikimedia Commons)
August 14th, 2016 - 04:00 GMT

Budget air travel: Plan well or risk paying more

A bad hire can cost employers 30 per cent of the employee’s potential first year earnings. (Shutterstock)
August 14th, 2016 - 04:00 GMT

Increasing demand for thorough employment background checks strains HR departments

Republic of Korea Fencing
August 14th, 2016 - 03:40 GMT

Samsung delivers 12,500 Galaxy S7 edge Olympic Games limited edition phones to Rio 2016 Olympians

Operation Tidal Wave II has focused specifically on supply lines tied to the illicit movement of oil said to be financing regional terrorism operations. (Twitter/KR Security Council)
August 13th, 2016 - 11:05 GMT

Senior Daesh oil commander killed by Kurdish, US forces

In September 2015, after bilateral negotiations in Tehran it was announced that the project will be operational by late 2017. (AFP/File)
August 11th, 2016 - 02:00 GMT

Oman and Iran agree to redesign gas pipeline route

The IMF says it has reached an initial agreement with Egypt for a $12 billion loan over three years. (AFP/File)
August 11th, 2016 - 12:28 GMT

Egypt obtains initial $12bn deal with IMF to cover next three years

At least seven different online visa agencies operating inside and outside Oman are using Facebook and other social media apps to sell their services – often conning unsuspecting customers out of money. (AFP/File)
August 11th, 2016 - 11:55 GMT

Exposed: Black market for counterfeit Oman visas on social media

Pilgrims line up outside the Jeddah airport in Saudi Arabia. (Shutterstock)
August 11th, 2016 - 11:00 GMT

Jeddah airport to receive 4,300 pilgrims per hour during Hajj

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