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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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National Bank of Kuwait
July 28th, 2019 - 06:51 GMT

GCC and Egypt Economic Outlook Hinges on Continued Reforms NBK Research

Over the last two years, the UAE provided more than US$364 million to support Palestinians.
July 28th, 2019 - 06:50 GMT

UAE Donates $50 Million to UNRWA

Granting work permits to men and women sponsored by their families aims to help firms meet their recruitment demand from the resident population itself.
July 28th, 2019 - 06:47 GMT

Employers in UAE Can Now Hire Men on Family Visas

H.E. Khlalifa Salem Al Mansouri, Acting Chief Executive of ADX
July 28th, 2019 - 06:14 GMT

Abu Dhabi Securities Exchange Creates Environmental Social & Governance Disclosure Guidance for Listed Companies

Arab Bank was recently named “The Middle East’s Best Bank 2019”
July 28th, 2019 - 06:00 GMT

Arab Bank Group First Half 2019 Profits Grow by 4% to Reach $453 Million

Gordon Ramsay
July 28th, 2019 - 05:47 GMT

Gordon Ramsay Serves Up Adventure in New National Geographic Series

Savitha Bhaskar, COO at the UAE-based IT infrastructure and information management consultancy and solutions provider Condo Protego
July 28th, 2019 - 05:28 GMT

UAE Leads Regional AI Market to USD 530 Million by 2022

Chief Investment Officer - Khaled Fouad
July 28th, 2019 - 05:07 GMT

KAMCO Acts as Issuance Advisor and Subscription Agent for KIPCO’s Capital Increase

The high value of stones sold at the tenders reflects the strength of Dubai’s diamond trade.
July 28th, 2019 - 04:58 GMT

Three Successful Diamiond Tenders Hosted at DMCC’s Dubai Diamond Exchange in One Week

data2cloud
July 28th, 2019 - 04:38 GMT

data2cloud Launches Fully Integrated Email and Collaboration for Companies of All Sizes

The highest wealth transfer will materialise from 850 ultra-high net worth individuals with over $100 million wealth in the Middle East, which is estimated to be $352 billion.
July 27th, 2019 - 03:00 GMT

16,700 Millionaires to Pass $572 Billion to Middle East's Next Generation

The new data goes in tandem with other indices showing the rise in sales of cement in the local market
July 27th, 2019 - 12:00 GMT

Saudi Arabia's Real Estate Prices Increase at Record Rate

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