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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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Emirates signs tourism development MoU with Jordan Tourism Board
May 30th, 2016 - 09:33 GMT

Emirates signs tourism development MoU with Jordan Tourism Board

H.H. Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman and H.E. Dr. Thani Ahmed Alzeyoudi, Minister of Climate Change and Environment
May 30th, 2016 - 09:20 GMT

Al-Futtaim Motors and Ajman Municipality pave the way for hybrid transport in the UAE

Hanaa Al Hina, AGM Head of Wealth Management, Liabilities and Bancassurance
May 30th, 2016 - 09:11 GMT

Oman Arab Bank ‘Elite’ customers rewarded with additional exclusive benefits

The LuLu group chairman announced that they have already invested SR1 billion in Saudi Arabia and intend to further invest SR800 million in the next two years. (YouTube)
May 30th, 2016 - 09:00 GMT

LuLu Group plans 12 more stores in Saudi Arabia by 2018

Lexus Hybrid
May 30th, 2016 - 08:55 GMT

Lexus hybrid owners: thanks a million!

Ford recreates historic march to Aqaba with global truck and SUV lineup
May 30th, 2016 - 08:11 GMT

Ford recreates historic march to Aqaba with global truck and SUV lineup

Investment in roads, infrastructure, water, sewage and desalination plants are being made thanks to Arab development fund grants. (Shutterstock)
May 30th, 2016 - 08:00 GMT

Egypt to establish $92M industrial zone in South Sinai

GE-Wamda study calls for building MENA’s startup ecosystem to address public healthcare challenges
May 30th, 2016 - 07:43 GMT

GE-Wamda study calls for building MENA’s startup ecosystem to address public healthcare challenges

Xerox Brenva HD Production Inkjet
May 30th, 2016 - 07:34 GMT

Xerox puts inkjet within reach of more print providers

Honeywell
May 30th, 2016 - 07:28 GMT

Honeywell marks 40 years of aircraft maintenance services that reduce downtime and costs

Shangri-La Hotel, Qaryat Al Beri, Abu Dhabi. (Shangri-La)
May 30th, 2016 - 07:15 GMT

New municipality fees at Abu Dhabi hotels to passed on to guests

Feras Al Shaikh, Ooredoo Director of Consumer Sales
May 30th, 2016 - 07:03 GMT

Ooredoo launches new Mousbak offer on calls to India, Pakistan & Bangladesh

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