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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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A 3D-printer measuring 20 feet high, 120 feet long and 40 feet wide was used to print the building. (File photo)
July 31st, 2016 - 06:00 GMT

Is Dubai the next Three-D printing capital?

During the event
July 31st, 2016 - 05:54 GMT

DP World wins lease agreement for Rodney Container Terminal in Saint John, Canada

Hamad Medical Corporation
July 31st, 2016 - 05:38 GMT

Qatar stepping up fight against viral hepatitis

During the signing ceremony
July 31st, 2016 - 05:22 GMT

Imdaad wins waste management deal with Union Coop

A general view taken on April 9, 2014 shows the Zueitina oil terminal. (AFP/Abdullah Doma)
July 31st, 2016 - 05:00 GMT

Libya’s oil terminals reopen following 18 months closure

Gulf Bank
July 31st, 2016 - 04:57 GMT

Gulf Bank announces the winners of the Al Danah Daily Draws for the week of 17 July – 21 July 2016

DIP warehouses
July 31st, 2016 - 04:50 GMT

Dubai Investments Park attracts 100 new companies in the last one year

MENA Region's market lacks suitable graduates. (Courtesy photo)
July 28th, 2016 - 03:00 GMT

Recent graduates face challenging job search after studies

Syrian refugee children look on from a window during a sandstorm at a refugee camp on September 8, 2015 near the Bekaa Valley village of Taalabaya Lebanon. (AFP/File)
July 28th, 2016 - 02:00 GMT

World Bank renews $1.5 billion commitment to Lebanon

Egyptair is encouraging Egyptians to support local tourism and take their holidays inside the country. (Shutterstock)
July 28th, 2016 - 01:00 GMT

Egyptair encourages Egyptians to travel at home

Saudi Vision 2030 was announced in April focusing on economic diversification and attracting foreign investment. (AFP/File)
July 28th, 2016 - 12:00 GMT

Saudi Vision 2030 expected to reinvigorate Jeddah and Riyadh real estate markets

Online shopping is a rapidly growing trend in the Middle East. (Shutterstock)
July 28th, 2016 - 11:30 GMT

Online shopping skyrockets 59 percent in the Middle East

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