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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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In 2015 2,000 millionaires relocated to Dubai, and that trend is expected to continue this year. (Shutterstock)
July 26th, 2016 - 04:00 GMT

More than 3,000 millionaires expected to move to UAE in 2016

State-owned institutions across Turkey, including Turkish Airlines, have begun firing anyone with alleged ties to Fethullah Gulen's religious movement. (Shutterstock)
July 25th, 2016 - 03:05 GMT

Turkish Airlines fires 211 employees in ongoing ‘purge’ of state institutions

A new electronic media law in Kuwait is tightening restrictions on online publications. (Shutterstock)
July 25th, 2016 - 02:41 GMT

New media law in Kuwait requires local ownership, special license for news sites

A Turkish flag pictured in Gaziantep, southeastern Turkey. (AFP Photo/Ozan Kose)
July 25th, 2016 - 01:00 GMT

Turkish Industrialists urge global trust in Turkish economy

There has been an increase in cyber attacks, mainly motivated by corporate espionage. (File photo)
July 25th, 2016 - 12:00 GMT

Mining companies facing heightened cyber security risk

Hamad Medical Corporation
July 25th, 2016 - 11:07 GMT

HMC reminds residents to safeguard themselves against summer heat

During the event
July 25th, 2016 - 11:03 GMT

du hosts first MENA standardisation conference in association with GCF

Among Arab investors in Dubai, Jordanians came in first, followed by Egyptians and Lebanese. (File photo)
July 25th, 2016 - 11:00 GMT

With over $353 Million in real estate, Egyptians are Dubai’s second highest Arab investors

Phase 1 of DAMAC Properties’ AKOYA imagine villas sold out; phase 2 planned
July 25th, 2016 - 10:23 GMT

Phase 1 of DAMAC Properties’ AKOYA imagine villas sold out; phase 2 planned

Fadi Bachir is a human resources expert with a broad background in strategic HR and more than 14 years of experience. (Bayt)
July 25th, 2016 - 10:02 GMT

Assertiveness, integrity, creativity most important qualities in new hires, says Fadi Bachir of Talabat.com

During the event
July 25th, 2016 - 09:55 GMT

Train the Trainer’ programme organized for staff at Millennium Resort Mussanah

Ericsson
July 25th, 2016 - 09:40 GMT

Ericsson’s Vestberg steps down – search for new CEO initiated

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