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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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Qatar Foundation
August 4th, 2016 - 05:27 GMT

Bayt Qatar’ to showcase a wide range of Qatar Foundation’s initiatives

هاتف G5 من LG
August 4th, 2016 - 05:02 GMT

Wide Angle Shooting optimized with latest LG G5 Cam

Oriental Weavers, founded in 1979, is considered a giant manufacturer of carpets, rugs and related raw material. (File photo)
August 4th, 2016 - 05:00 GMT

Oriental Weavers expand production by injecting over EGP 100 million’s worth of investments

BLOM bank in Beirut came under attack in June. (AFP/File)
August 4th, 2016 - 04:51 GMT

Lebanon: Financial analysts warn of long-term economic repercussions after BLOM Bank attack

During the event
August 4th, 2016 - 04:50 GMT

DEWA receives ISO 10004:2012 certificate for customer satisfaction

Netgear Category 9 Router
August 4th, 2016 - 03:40 GMT

Ooredoo the first to introduce Netgear Category 9 Router in Kuwait

Muslim women visit a chateau in Nantes, France. (AFP/Jean-Sebastien Evrard)
August 3rd, 2016 - 04:00 GMT

Islamic funding in France comes under fire

The output sub-index continued to fall for a 10th month but at a slower rate, as it reached 48.8 points in July from 46 points in June. (AFP/File)
August 3rd, 2016 - 03:00 GMT

Non-oil sectors slow for 10th consecutive month in Egypt

This file photo shows The British Union flag (L) and the European Union (EU) flag flying side-by-side outside City Hall, the headquarters of the Greater London Authority, in central London. (AFP/File)
August 3rd, 2016 - 02:00 GMT

Brexit will not affect UK’s commitments to Jordan

Saudi women, shown here at a cultural festival near the capital Riyadh. (AFP/File)
August 3rd, 2016 - 01:00 GMT

Saudization initiatives: Women-only telecom centers

The Kuwaiti cabinet will raise petrol prices by more than 80 percent, for the first time in 50 years. (File photo)
August 3rd, 2016 - 12:00 GMT

Kuwait raises petrol prices in 50-year first

Employment opportunities outside of the oil industry are skyrocketing in the UAE. (Shutterstock)
August 3rd, 2016 - 11:00 GMT

UAE sees widespread job growth in non-oil sectors

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