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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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axiom Store
August 9th, 2016 - 07:01 GMT

axiom brings ‘Experiential Shopping’ to Abu Dhabi with first-of-its-kind retail concept in the Emirate

Egypt is implementing several reforms to wean the population off a decades-old, costly subsidy program. (Shutterstock)
August 9th, 2016 - 07:00 GMT

Egypt to hike electricity prices by 40 percent to phase out subsidies

ASUS
August 9th, 2016 - 06:30 GMT

ASUS Republic of Gamers Middle East announces Strix RX 460

During the event
August 9th, 2016 - 06:27 GMT

Imdaad celebrates first batch of ‘Elham’ management training graduates

A picture shows the Indian embassy in the Saudi capital Riyadh on August 2, 2016. New Delhi was working to feed more than 10,000 Indian labourers stranded in the Gulf with no wages after losing their jobs, in what Foreign Minister Sushma Swaraj called a "food crisis". (AFP/Stringer)
August 9th, 2016 - 06:00 GMT

King Salman issues directive on unpaid Indian workers in Saudi Arabia

During the event
August 9th, 2016 - 05:34 GMT

HE Saeed Mohammed Al Tayer, Chairman of Smart Dubai Office (SDO), receives Chairman and Director-General of Dubai Health Authority (DHA)

Trend Micro
August 9th, 2016 - 05:29 GMT

Trend Micro partners with INTERPOL in Arrest of Nigerian Cybercriminal Leader

Mohammed Ali Rashid Lootah, CEO of CCCP
August 9th, 2016 - 05:16 GMT

Consumer Protection Counters to cut complaints and improve relations in automobiles sector

Not counting coins can be quite costly. (Shutterstock)
August 9th, 2016 - 05:00 GMT

Counting coins: Almost $7M lost in UAE yearly from incorrect change

Payday just got a little better for some expat workers. (Shutterstock)
August 9th, 2016 - 04:00 GMT

Go big or go home: Expat salaries soar in Dubai

Leaders of tomorrow
August 9th, 2016 - 03:40 GMT

Ooredoo Kuwait hosts ‘Tomorrow's Leaders’ in their sixth season

Egyptia state-owned banks are likely to borrow from abroad in case its own resources of foreign exchange cease to cover the needs of its clients. (File Photo)
August 8th, 2016 - 05:00 GMT

Egypt's government banks rely on own resources for US dollars

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