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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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Iraqi economic expert Bassem Jamil Antoun doubted that the agreement could be implemented given the US sanctions imposed on Iran.
July 30th, 2019 - 12:30 GMT

Iraq, Iran Sign MoC to Establish Investment Funds

Air Arabia
July 30th, 2019 - 12:13 GMT

Air Arabia Receives the Second A321neo LR

Ericsson and Telefónica Germany are building the network in the 20,000sq m complex, comprising solutions from Ericsson’s Private Networks offerings and will hand over to Mercedes-Benz upon completion for operation.
July 30th, 2019 - 12:04 GMT

Ericsson and Telefónica to Make 5G Car Manufacturing a Reality for Mercedes-Benz

The third phosphate project, which will total about $6.4 billion will make Saudi Arabia the second world’s largest producer of phosphate
July 30th, 2019 - 12:00 GMT

Saudi Arabia to Become 2nd Largest Global Phosphate Producer

Kaspersky Lab
July 30th, 2019 - 11:58 GMT

Light but Enterprise-Ready: Kaspersky Hybrid Cloud Security Now Simplifies Large-Scale Deployment of Protection for Virtualization

During the event
July 30th, 2019 - 11:41 GMT

CrediMax Signs a Milestone Agreement to Provide Exclusive Payment Solution for Careem

Start small and build a diversified portfolio gradually over time.
July 30th, 2019 - 11:30 GMT

3 Tips to Help You Be More Financially Secure

Play Content Directly from Apple Devices and Effortlessly  Control TV and Connected Smart Devices with Voice
July 30th, 2019 - 11:28 GMT

LG Rolls out Apple Airplay 2 on 2019 Thinq AI TVs, First Global TV Manufacturer to Support Homekit

Mohammed Amin, Senior Vice-President, Middle East Russia, Africa & Turkey
July 30th, 2019 - 11:04 GMT

Dell Technologies Adds Russia to Its Digitally Advanced Markets in Middle East, Turkey and Africa Region

During the event
July 30th, 2019 - 11:00 GMT

Arabian Automobiles Renault Hosts First ‘Future Mobility Conference’ at New Renault R-Store in Dubai

The scientists believe the technology could help develop visual prostheses, adjustable glasses, and remotely-operated robotics.
July 30th, 2019 - 11:00 GMT

New Smart Contact Lens Allows Zooming With Just a Blink!

The first issue of the Deloitte whitepaper series explains how incentive plans can impact different organizational stakeholders and describes the more common reward mechanisms used globally
July 30th, 2019 - 10:52 GMT

Deloitte: Middle East Businesses See New Opportunities in Employee Incentive Plans

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