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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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Rixos the Palm
August 1st, 2016 - 08:58 GMT

A Wedding Affair at Rixos the Palm

2016 Toyota Prius
August 1st, 2016 - 08:56 GMT

Al-Futtaim Motors brings a cool offer this summer with “Freeze Your Payments” promotion

BAB Music Festival
August 1st, 2016 - 08:47 GMT

Lexus is sponsoring the latest version of BAB Music Festival

During the event
August 1st, 2016 - 08:04 GMT

Huawei enables Lebara Mobile KSA to launch first Mobile Virtual Network Enabler in the region

Financing of the current five-year development plan was being shared by both the public and private sectors.  (File photo)
August 1st, 2016 - 08:00 GMT

Kuwait invests $15.75b for 2017-18 development plan

Four Seasons Alexandria at San Stefano
August 1st, 2016 - 07:48 GMT

The Land of the Pharaohs makes a magnificent getaway destination with Four Seasons Egypt collection’s summer getaways

During the event
August 1st, 2016 - 07:35 GMT

Dubai Customs launches integrated action plan to implement 4th Generation of Government Excellence System

LG Electronics
August 1st, 2016 - 07:28 GMT

LG breaks another Guinness World Records™ title this time with lightbulbs

The International Energy Agency is now looking for a drop in oil demand in Saudi Arabia for all of 2016. (File)
August 1st, 2016 - 07:00 GMT

Saudi Arabia oil consumption slows

Khalid Bin Kalban
August 1st, 2016 - 06:23 GMT

Dubai Investments reports AED 516 million net profit in the first half of 2016

Ronaldo Mouchawar- CEO & Co-Founder of SOUQ.com
August 1st, 2016 - 06:01 GMT

Tech start-Up ‘WING.ae’ raises capital to fire up delivery and logistics industry in the UAE

Expatriates and young population constitute the major category of the affluent investors segment. (File photo)
August 1st, 2016 - 06:00 GMT

UAE expats rake in serious wealth

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