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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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LG-IoT-Ecosystem
May 22nd, 2016 - 09:08 GMT

LG’s SmartThinQ Hub creates the future home and shapes the future city

During the awarding ceremony
May 22nd, 2016 - 08:50 GMT

Epicor reveals 2016 MEAI Customer Excellence Award winners

Wolfgang Wemhoff, Chief Technology Officer at Ooredoo
May 22nd, 2016 - 08:43 GMT

Ooredoo Oman awarded ISO22301 Certification in Business Continuity Management

Saudi has been pushing for a freeze deal since February so they needed to rely on stocks to meet any rise in customers’ demands at home and abroad while keeping their output flat. (File photo)
May 22nd, 2016 - 08:35 GMT

Saudi's oil stockpiles reach lowest level in 18 months as exports soar

Waleed Alkhaja, Chairman of First Bahrain
May 22nd, 2016 - 08:35 GMT

First Bahrain holds Annual General Meeting

Yasser Zeineldin, CEO, eHosting DataFort
May 22nd, 2016 - 08:13 GMT

eHosting DataFort enhances its online self-service Public Cloud portal

Middle East architects and building owners are increasingly demanding global best practices in energy efficiency.   (Hunter Douglas)
May 22nd, 2016 - 08:06 GMT

Energy-efficient buildings can save $3.5B in the GCC

Toyota
May 22nd, 2016 - 07:56 GMT

Al-Markazia Announces the Arrival of the All-new Fortuner to the Kingdom

Sheikh Mohammad and Tim Cook met in 2014 during the CEO’s first visit to the UAE. (Dubai Media Office)
May 22nd, 2016 - 07:32 GMT

Apple to scale up UAE presence

The Western powers also called on the Islamic Republic to create a favorable environment for investors to do business in the country. (File photo)
May 22nd, 2016 - 07:20 GMT

US, EU encourage international investment in Iran

During the event
May 22nd, 2016 - 07:15 GMT

Ericsson’s Rafiah Ibrahim recognized as the Best Leader

During the event
May 22nd, 2016 - 07:07 GMT

Mashreq wins Best Regional Retail Bank four times over

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