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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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95% of Middle East professionals think that networking and maintaining relationships has been important to their career success. (File photo)
July 17th, 2016 - 09:37 GMT

Key drivers of success in MENA

Borsa Istanbul said the coup plotters had tried to occupy its building but failed in the face of resistance from police and security officers. (File photo)
July 17th, 2016 - 09:21 GMT

Turkey's business leaders condemn attempted coup

Despite negative elements, Moody’s noted that the private equity of Lebanese banks will remain stable in general. (File photo)
July 17th, 2016 - 09:18 GMT

Growing public debt in Lebanon major source of credit risk: Moody's

TV.ae, a blend of Netflix and YouTube, will begin searching for Middle East-based content creators to write and produce short shows and films to be hosted on the site. (Akhbarak.net)
July 17th, 2016 - 09:00 GMT

New online streaming service TV.ae courts Arab talent

LG Electronics
July 17th, 2016 - 08:59 GMT

Vacay selfies to wow friends with LG G5 Cam Wide Angle Lens

The app did not send its first notification until over three hours after the Tunisian drove down the Promenade des Anglais seaside boulevard on Bastille Day. (AFP/File)
July 17th, 2016 - 08:45 GMT

French security alert app fails during Daesh-claimed attack in Nice

adidas Football releases new Speed of Light boots for 2016/7 season
July 17th, 2016 - 08:34 GMT

adidas Football releases new Speed of Light boots for 2016/7 season

According to Euromonitor, the biggest challenge facing Egypt is insecurity. (File photo)
July 17th, 2016 - 08:00 GMT

Egypt's proposed pound devaluation unlikely to boost tourism: Analysts

Centro group meeting
July 17th, 2016 - 07:55 GMT

Polycom® RealPresence Centro™ now available in the UAE

Arabtec reported Dh46.4 million in net losses for the first quarter of 2016, and earlier reported Dh2.3 billion in net loss for the full-year 2015. (File photo)
July 17th, 2016 - 06:00 GMT

Aabar throws Arabtec another lifeline with $109M debt facility

Rixos the Palm
July 17th, 2016 - 05:07 GMT

The ultra all inclusive package critical to the success of Rixos the Palm

Samsung
July 17th, 2016 - 05:00 GMT

Samsung introduces world’s first Universal Flash Storage (UFS)

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