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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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Oil prices are expected to be range-bound near current levels this year
August 1st, 2019 - 07:30 GMT

Saudi Arabia’s Oil Production to Remain Below 10 Million bpd in the Coming Months

Dubai Investments
August 1st, 2019 - 07:10 GMT

Dubai Investments Reports 17% Increase in Second Quarter Profits

Emirates NBD
August 1st, 2019 - 07:06 GMT

ENBD REIT Announces Q1 NAV of USD 255 Million; Active Leasing Strategy Protects Occupancy

There are already hints that the 2019 iPhone upgrade cycle will be comparatively modest
August 1st, 2019 - 07:00 GMT

Why Waiting May Be Your Best Option Before Buying the iPhone 11

More than 8,600 photography enthusiasts participated at the #WithGalaxy Competition
August 1st, 2019 - 06:40 GMT

3 Lucky Samsung Users Win the Trip of a Lifetime to the Next Galaxy Unpacked Event

Overall inflation and inflation for items other than food and energy were running below 2% on a 12-month basis
August 1st, 2019 - 06:30 GMT

US Central Bank Cuts Interest Rates for First Time Since 2008 Crisis

Kaspersky Lab
August 1st, 2019 - 06:15 GMT

Number of Users Hit by Financial Malware Grew by 7% in H1 2019 to Reach 430,000

it was down by 1% in the first half of the year due to a relatively strong performance in the first quarter of 2018.
August 1st, 2019 - 05:59 GMT

Global Gold Mine Production Hikes 7% in the First Quarter of the Year

The finance, insurance, real estate and business services segment supported the non-oil sector expansion in Q1 2019.
July 31st, 2019 - 01:00 GMT

Saudi Economy Expands at Slower Pace in Q1 Due to Muted Growth in the Oil Sector

Over 18 million foreign visitors entered the country this January-June, ministry data showed.
July 31st, 2019 - 12:30 GMT

Turkey Hosts over 18 Million Tourists in H1 2019

CBI has vowed to put every effort into action to make the redenomination of the rial, which currently stands at around 120,000 to the US dollar. (Shutterstock)
July 31st, 2019 - 12:00 GMT

Iran to Remove Four Zeros off National Currency

Hana Al Rostamani
July 31st, 2019 - 11:54 GMT

Ministry of Finance and Etisalat Sign Agreement to Add E-Dirham Payment Services for Companies

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