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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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During the event
July 20th, 2016 - 11:28 GMT

HE Saeed Mohammed Al Tayer meets China National Petroleum Corporation delegation

Big family conglomerates in Saudi Arabia are also under pressure from authorities to invest more in the economy now that oil prices are low. (File photo)
July 20th, 2016 - 11:00 GMT

OPINION: Saudi Binladin Group gets thrown another lifeline, but it's the end of an era

During the event
July 20th, 2016 - 10:46 GMT

Dubai Customs fulfils the desire of two Australian kids keen to take pictures with customs inspector

LG Action Cam
July 20th, 2016 - 10:02 GMT

LG Action Cam lte makes live streaming while on the go easier than ever

Barclays is divesting its Africa unit as part of a plan to simplify its structure and seek higher shareholder returns. (AFP/Carl Court)
July 20th, 2016 - 10:00 GMT

Emirates NBD, MENA banks eye Barclays Egypt sale

Mercedes-Benz lnches into the medium duty truck segment with the new Accelo and Atego
July 20th, 2016 - 09:52 GMT

Mercedes-Benz lnches into the medium duty truck segment with the new Accelo and Atego

During the event
July 20th, 2016 - 09:14 GMT

Ooredoo launches Algeria’s first 4G network

In addition to arm sales to the UAE, the US has separately approved the sale of 246 missiles and other equipment to Japan worth $821 million.  (AFP/File)
July 20th, 2016 - 09:00 GMT

US approves $785M sale of bombs to UAE for fight against Daesh

Online courses have a big impact on businesses because they are so much cheaper. (Shutterstock)
July 20th, 2016 - 08:30 GMT

Demand for online professional training courses in MENA outstrips supply: GulfTalent

DAMAC Towers by Paramount Hotels & Resorts achieves industry leading EarthCheck Design Certification
July 20th, 2016 - 08:26 GMT

DAMAC Towers by Paramount Hotels & Resorts achieves industry leading EarthCheck Design Certification

Dubai hopes to make 25 per cent of all transportation trips in Dubai smart and driverless by 2030. (Gulf News)
July 20th, 2016 - 07:59 GMT

Careem partners with NEXT Future Transportation to launch self-driving electric pods

Deloitte
July 20th, 2016 - 07:57 GMT

Deloitte: Middle East heading towards greater digitization of governments services

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