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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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New Shababiah Plans
July 21st, 2016 - 07:52 GMT

Ooredoo launches all new value packed Shababiah plan

LG’s effort to recreate northern lights on OLED TVs resonates with consumers worldwide
July 21st, 2016 - 07:19 GMT

LG’s effort to recreate northern lights on OLED TVs resonates with consumers worldwide

With a little planning, money management doesn't have to be an overwhelming task for millennial expats. (Shutterstock)
July 21st, 2016 - 07:18 GMT

Millennial expats: Avoid the lavish lifestyle, build savings early

The world is full of leaders who say, “let’s study it more”, when in reality that phrase means no. (File photo)
July 21st, 2016 - 07:10 GMT

Saying 'Yes' is the key to possibilities and success

Prime Minister Hani Mulki attends the signing of a deal between Jordan and the EU on simplifying the rules of origin. (Photo courtesy of EU mission)
July 21st, 2016 - 07:02 GMT

Jordan and EU approve 10 year trade deal

During the launch of the program
July 21st, 2016 - 06:54 GMT

Imdaad launches new employee development initiative to identify & retain high-potential talent

Lebanon's Shia movement Hezbollah acts as a parallel government in parts of the country, providing a range of social services. (AFP/Rouba El Husseini)
July 21st, 2016 - 06:13 GMT

Lebanon to ensure local banks comply with US anti-Hezbollah law

The Middle East, along with Afghanistan and Pakistan, is set to see economic growth of 3.4 per cent this year and 3.3 per cent for 2017. (AFP/File)
July 21st, 2016 - 05:41 GMT

IMF predicts growth in Middle East but warns of Brexit impact on global economy

Built 146 years ago, the Suez Canal is one of the world's most heavily used shipping lanes. (AFP/File)
July 21st, 2016 - 04:00 GMT

Egypt’s Suez Canal Authority forecasts significant boost in revenue for fiscal year 2016/2017

During the event
July 21st, 2016 - 03:44 GMT

Ooredoo announces winners of 12th week of Its prepaid campaign

Salalah Air has planned to ramp up its fleet size to 22 aircraft over the next five years. (File photo)
July 20th, 2016 - 12:00 GMT

Salalah Air: Oman's newest airline gets ready for takeoff

Omar Bushahab, CEO of Business Registration & Licensing (BRL) in DED
July 20th, 2016 - 11:29 GMT

DED witnesses substantial increase in new and renewed licenses in Q2 2016

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