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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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Teemu Salmi, Head of IT and Cloud, Ericsson, Region Middle East
August 11th, 2016 - 05:04 GMT

From network to consumer: the one-click ideal

An Egyptian worker drinks tea at Karnak temple in Luxor, Egypt, on June 11, 2015. (AFP/Mohamed el-Shahed)
August 11th, 2016 - 05:00 GMT

Experts predict new levels of poverty due to corruption in Upper Egypt

With the Chef
August 11th, 2016 - 04:58 GMT

Downtown Rotana introduces Al-Kawther youth to culinary skills

Over 75,000 government workers in Saudi Arabia are illiterate. (Shutterstock)
August 11th, 2016 - 04:00 GMT

Thousands of illiterate Saudis working in government sector

Kuwait is preparing a comprehensive economic program to face the challenges imposed by the drop in oil prices and to achieve a balance in the national economy via diversifying income sources and putting an end to wasting public funds. (AFP/File)
August 10th, 2016 - 02:00 GMT

Kuwaiti government hikes up fuel prices

This December 2, 2015 photo released by Qatar University shows Qataris taking pictures with Turkish President Recep Tayyip Erdogan. (AFP/File)
August 10th, 2016 - 12:45 GMT

Qatar thinks all is well in Turkey: No risks, investment to continue

Jordan's Prime Minister Hani Mulki reached out to Turkey to strengthen economic ties between the two countries. (AFP / File)
August 10th, 2016 - 12:00 GMT

Jordan, Turkey discuss economic relations

Russian President Vladimir Putin (L) shakes hands with Turkey's President Recep Tayyip Erdogan during a meeting in Baku on June 13, 2015. (AFP/Alexei Druzhinin)
August 10th, 2016 - 11:00 GMT

Russian Sovereign Wealth Fund looks to invest in Turkey

During the event
August 10th, 2016 - 10:59 GMT

Averda is set to build Republic of Congo’s first Municipal Solid Waste landfill

Deloitte
August 10th, 2016 - 10:05 GMT

Deloitte identifies 14 business impacts of a cyberattack

Banks are using social media as an alternative to online banking. (File photo)
August 10th, 2016 - 10:00 GMT

GCC incorporates social media for customer interaction

During the event
August 10th, 2016 - 09:08 GMT

DAFZA and Spanish Business Council delegation review investment cooperation

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