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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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When used in moderation and under proper supervision, the use of the Internet can be valuable to a child’s development.
July 25th, 2019 - 06:13 GMT

Striking a Digital Balance Among Children This Summer

This partnership will be a major addition to our global portfolio and a new step in our ongoing expansion.
July 25th, 2019 - 06:00 GMT

UAE, Indonesia Seal Agreements Worth $9.7 Billion

The UAE is taking a number of initiatives to pave the way for its rapid transition towards a sustainable knowledge economy.
July 25th, 2019 - 05:22 GMT

UAE Remains the Most Innovative Country in the Arab World This Year

Crimean residents with travel documents issued there by the Russian authorities before the annexation can get Schengen visas.
July 24th, 2019 - 01:00 GMT

These Passport Holders Can’t Have Schengen Visas

The increase in online shopping is forecast to continue as online adults look forward to increasing their online spending over the next 12 months
July 24th, 2019 - 12:00 GMT

UAE E-Commerce Market to Hit $16 Billion in 2019, Most Advanced in MENA

A 35-kilometer test and certification track will be built 100 kilometers north of the Red Sea port of Jeddah, in King Abdullah Economic City.
July 24th, 2019 - 11:30 GMT

World’s First Long-Range Hyperloop Test Track to Be Built in Saudi Arabia

The report comes after Snap predicted record earnings for quarter two in its first quarter earnings report in April.
July 24th, 2019 - 11:00 GMT

Snapchat Users Soar to 203 Million Users in a Year

Warba Bank
July 24th, 2019 - 10:57 GMT

Warba Bank Announces “Al Sunbula” Weekly Draw

Ahmad Bin Shafar CEO of Empower.
July 24th, 2019 - 10:54 GMT

Empower Connected Its Service to 43 New Buildings With a Cooling Capacity of More Than 56,000 Refrigeration Tonnes

Rixos Sharm El Sheikh
July 24th, 2019 - 10:46 GMT

All Inclusive Coastal Experiences Galore at Rixos Sharm El Sheikh Reveals Erkan Yildirim, Managing Director of Rixos Hotels Egypt

Abdulmalik Albalushi
July 24th, 2019 - 10:37 GMT

Oman Post CEO Highlights Potential of Postal Sector Across the Region

Our inspectors are very vigilant to keep the country borders and society safe from the dangers of illicit narcotics trade
July 24th, 2019 - 10:31 GMT

Dubai Customs Seizes 800,000 Captagon Pills in Port of Jebel Ali

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