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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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Dr Adnan Chilwan, Group Chief Executive Officer, DIB
May 18th, 2016 - 09:50 GMT

Dubai Islamic Bank Group CEO receives “Best Strategic Vision” Award at the Banker Middle East Industry Awards 2016

The bank will offer financial, investment and advisory services to the Palestinian diaspora living in the Gulf region and beyond. (Bank of Palestine)
May 18th, 2016 - 09:04 GMT

Bank of Palestine makes its first foray into international operations in Dubai

Acer
May 18th, 2016 - 08:50 GMT

Acer wins Best Customer Promotion Award at DISTREE Middle East 2016

Emirates employed 4100 pilots as of November and will need to hire as many as 500 new pilots this fiscal year. (File photo)
May 18th, 2016 - 08:15 GMT

Get on board: Emirates Group to hire 10,000 this year

The technical delegation also reviewed the progress of the Amman development corridor project that cost Dh319 million and is set for completion in 2016. (File photo)
May 18th, 2016 - 08:04 GMT

Abu Dhabi-funded projects in Jordan near completion

Parts Distribution Center_Al-Futtaim Motors.
May 18th, 2016 - 08:01 GMT

Al-Futtaim Motors helps with seizure of more than AED 100m in counterfeit spare parts in the past three years

+++-*9Xerox Trivor 2400 Inkjet Press
May 18th, 2016 - 07:53 GMT

Xerox helps print providers capture booming inkjet printing opportunities with two new presses

During the event
May 18th, 2016 - 07:17 GMT

Ericsson wins Fastest LTE Network and the Best Innovation In HetNet Development awards

During the event
May 18th, 2016 - 06:06 GMT

Mashreq strengthens Private Banking & Wealth Management with new leadership

The bill must now be passed by the House of Representatives before it heads to President Barack Obama's desk.  (Pixabay)
May 18th, 2016 - 05:35 GMT

US Senate passes 9/11 bill to allow victims' families to sue Saudi government

Ramallah Like You've Never Seen Before- Book
May 18th, 2016 - 05:07 GMT

AUC student, recipient of the Palestinian Scholarship Fund, publishes three books on Palestine

Greg Young, Ooredoo Oman CEO
May 18th, 2016 - 05:00 GMT

Ooredoo mobile data performance shows significant improvement according to global benchmarking organisation

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