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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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A group photo with the 2016 honoured strategic partners
May 12th, 2016 - 05:14 GMT

Ministry of Finance holds its 2016 Annual Forum

The Round table Notable experts
May 12th, 2016 - 05:02 GMT

GU-Q hosts roundtable on teaching Arabic in the context of the Common European Framework of Reference for Languages

The size of Islamic finance assets in Turkey has reached 120 billion Turkish liras ($40 billion). (Shutterstock)
May 12th, 2016 - 05:00 GMT

Turkey partners with Islamic Development Bank to host 'Islamic megabank'

During the event
May 12th, 2016 - 04:51 GMT

Alfardan Premier Motors reveals the all-new Jaguar F-PACE – the world’s ultimate practical sportscar in Qatar

During the event
May 12th, 2016 - 04:43 GMT

Dubai Supreme Council of Energy addresses energy intensity mapping in Dubai

Abu Dhabi Ports Company
May 12th, 2016 - 04:00 GMT

Abu Dhabi Ports’ Kizad launches Phase-1 of high-end automation drive to expedite investor submissions

Ooredoo offers its cusotmers internet of the future with new packages and a variety of devices
May 12th, 2016 - 03:44 GMT

Ooredoo offers its cusotmers internet of the future with new packages and a variety of devices

The new city  is set to house 25,000 residential units. (Shutterstock)
May 11th, 2016 - 02:00 GMT

Kuwait signs $4B deal with South Korea to build new smart city

Around 170,000 German tourists visited Egypt in the first quarter of 2016, mainly frequenting the popular Red Sea beach resorts of Sharm and Hurghada. (Wikipedia)
May 11th, 2016 - 01:00 GMT

Germany lifts ban on flights to Sharm El-Sheikh

The response to the bond issue is being viewed as a vote of confidence for the emirate. (File photo)
May 11th, 2016 - 12:00 GMT

Investors rush to Abu Dhabi's $5B bond issue

Job seeking opportunities must be built on positive experiences rather than by badmouthing. (File photo)
May 11th, 2016 - 11:42 GMT

Keeping up appearances: Keep negativity in check

In 2013, Majid Al Futtaim signed a joint venture agreement with Abercrombie for stores in the UAE and Qatar.  (Abercrombie)
May 11th, 2016 - 11:00 GMT

Majid Al Futtaim eyes Gulf expansion for Abercrombie & Fitch franchise

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