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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
May 15th, 2016 - 11:00 GMT

DEWA delivers three electric cars to winners of Smart Services campaign

Ahmed Mahboob Musabih
May 15th, 2016 - 10:34 GMT

Dubai Customs offers 128 jobs for Emiratis at Careers UAE 2016

Hilton Al Hamra Beach and Golf Resort, Ras al Khaimah. (Hilton)
May 15th, 2016 - 10:30 GMT

RAK and Fujairah court Dubai tourists and staycationers

Refugees make up approximately one third of Jordan's total population. (File photo)
May 15th, 2016 - 09:30 GMT

EBRD extends 'exceptional' grant to Jordan for refugee support

LG’s all-new 27-inch 4K Ultra HD USB-C monitor
May 15th, 2016 - 08:50 GMT

LG’s 4K Ultra HD USB-C monitor receives international stamp of approval

Oman Arab Bank Head Office
May 15th, 2016 - 08:14 GMT

Oman Arab Bank rewards customers for saving

The deficit in the balance of payments, and which reached $664 million in the first three months of 2016, constitutes a challenge facing monetary stability in Lebanon. (World Finance)
May 15th, 2016 - 08:12 GMT

Lebanon's Central Bank to launch more economic initiatives

A slowdown in activity will give organisations the opportunity to prioritise projects and address internal issues,  according to PwC MidEast's capital projects services leader. (AFP/File)
May 15th, 2016 - 07:48 GMT

'Lower for longer' oil prices prompt rise in MidEast employment disputes: PwC

Khaldoun Tabari, CEO and Vice-Chairman of Drake & Scull International PJSC
May 15th, 2016 - 07:20 GMT

Drake & Scull reports AED 1.03 Billion in revenue and net profit of AED 9.52 Million for first quarter of 2016

Ford GT
May 15th, 2016 - 07:10 GMT

Ford presents “The Return,” behind-the-scenes look at the story of the all-new Ford GT

During the event
May 15th, 2016 - 06:51 GMT

Al-Futtaim Motors inaugurates the first 3S Toyota and Lexus facilities in Madinat Zayed

During the event
May 15th, 2016 - 06:43 GMT

Doha Bank host a knowledge sharing session in Abu Dhabi on Changing Dynamics anf market opportunities in GCC Markets

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