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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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Air Arabia
August 11th, 2016 - 10:50 GMT

Air Arabia reports net profit of AED 245 million in first half of 2016, an increase of 3.5 per cent

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
August 11th, 2016 - 10:12 GMT

Dubai to purchase new government electric and hybrid vehicles

Emiratis attend a presentation about the UAE Space Agency. (File)
August 11th, 2016 - 10:00 GMT

UAE Space Agency, Lockheed Martin ‘blast off’ with professional training program

Contracts traded during the five-day period ending August 4 suggest the market expects WTI prices could range from $29 a barrel to $61 a barrel. (File photo)
August 11th, 2016 - 10:00 GMT

EIA estimates oil prices will stabilize in 2017

Barra Olympic Park - Gabriel Heusi, Brasil 2016
August 11th, 2016 - 09:50 GMT

GE supplies image diagnosis for Rio 2016 Olympic and Paralympic Games

The iPhone is the only Apple product with a number next to it. (File photo)
August 11th, 2016 - 09:00 GMT

What should Apple do next with the upcoming iPhone?

During the event
August 11th, 2016 - 08:50 GMT

Dubai Chamber concludes summer training programme 2016

Opening a savings account for a child will also teach them that money can earn interest, and that those earnings, in turn, generate more interest. (File photo)
August 11th, 2016 - 08:00 GMT

Six ways to teach your kids how to be money-savvy in the UAE

During the event
August 11th, 2016 - 07:53 GMT

Hawthorn Suites by Wyndham reaches out to cab drivers

Conference Table
August 11th, 2016 - 07:15 GMT

IHG® Business Rewards launches Booker Bonus Points Promotion

How secure are your online transactions? (File photo)
August 11th, 2016 - 07:00 GMT

Three sneaky internet frauds that might cost you big!

Transferring money in Lebanese banks can take weeks of frustration. (Shutterstock)
August 11th, 2016 - 06:00 GMT

Show me the money: Lebanon addresses bank transfer delay problems

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