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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
August 14th, 2019 - 07:05 GMT

For the First Time in the Kingdom of Bahrain, Bahrain Tourism and Exhibitions Authority Hosts ‘The Wizard of Oz’

When it comes to risks, the top three concerns among Asian investors are a global trade war (47 per cent)
August 14th, 2019 - 06:52 GMT

Businessmen and Investors More Optimistic on UAE’s Economy

Agility
August 14th, 2019 - 06:37 GMT

Agility Reports 8.1% Q2 Earnings Increase

Global oil market performance indicators are still almost stable
August 14th, 2019 - 06:30 GMT

Kuwait to Cut Oil Production in Order to Support Crude Prices

Samsung Galaxy Tab S6
August 14th, 2019 - 06:23 GMT

Introducing the Samsung Galaxy Tab S6: A New Tablet that Enhances Your Creativity and Productivity

The lira had firmed as far as 5.4515 to the dollar
August 14th, 2019 - 05:34 GMT

Turkish Lira Lower As Investors Remain Cautious of Emerging Markets

Capital expenditure was $14.5 billion, compared to $16.5 billion for the same period in 2018
August 12th, 2019 - 03:30 GMT

Saudi Aramco Net Income Reaches $46.9 Billion for the First Half 2019

Apple is also offering a 50 per cent bonus for bugs reported in pre-release builds.  Apple Sales in China Improve
August 12th, 2019 - 03:00 GMT

Apple Will Award $1 Million for Bugs Discovered In macOS and iOS

Oil prices have been caught up in the retreat, falling to below $57/bbl earlier this week.
August 12th, 2019 - 02:30 GMT

Brent Prices Ease Back From $67 per Barrel Over Geopolitics

India, given its size, population and emerging economy, is one of the biggest markets in the world for petrol and diesel.
August 11th, 2019 - 08:00 GMT

GCC Companies Look at India’s Fuel Retail Industry

Listed companies continue to announce their financial results for Q2 of 2019
August 11th, 2019 - 06:00 GMT

Saudi Stock Remained Strong Despite Sharp Declines in Oil Prices

Qatar has currently a total of about 132 hotels of 3 to 5-star categories with around 26,700 rooms.
August 8th, 2019 - 12:30 GMT

Newer Hotels Place Qatar’s Hospitality as One of the Best in the Middle East

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