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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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Saudi Aramco's stake in the joint venture has been trimmed to 20%, while Jacobs Engineering remains at 40%.
July 18th, 2019 - 07:28 GMT

Saudi PIF Acquires 40 Percent Stake in Aramco-Jacobs Venture

Hamad Abdulmohsen Al-Marzouq
July 18th, 2019 - 07:23 GMT

Kd107.7 Million Net Profits for the Half Year of 2019 an Increase of 13.1 percent

The decision will increase the economic value of the entertainment sector by 9 percent and the consumer spending to more than $37.5 billion annually.
July 18th, 2019 - 07:11 GMT

Saudi Arabia Allows Businesses to Open Around the Clock

During the event
July 18th, 2019 - 06:17 GMT

du Announces Winners to Conclude IoT & AI Pioneers Competition

Toyota LC GTS
July 18th, 2019 - 06:00 GMT

Al-Futtaim Toyota Makes Car Ownership Easier Than Ever With Toyota Choices

First Abu Dhabi Bank
July 18th, 2019 - 05:44 GMT

FAB Reports Record Half Year 2019 Net Profit of Dh6.3 Billion

During the event
July 18th, 2019 - 05:33 GMT

Qatar Foundation and Qatar Museums Host Public Art Event

The report underlined that the economic reform program made investments and net exports the main drives for GDP growth instead of consumption.
July 17th, 2019 - 01:00 GMT

World Bank's Stand on Egypt’s Economic Reforms

Around three-quarters of adults rely on emoji to communicate
July 17th, 2019 - 12:30 GMT

Here's a Sneak Peak of iPhone's 59 New Emojis

Volkswagen Teramont Press
July 17th, 2019 - 12:08 GMT

Wattayah Motors: Volkswagen Teramont Is the Best-Selling Volkswagen in 2019

Unlike usually, Instagram has not yet addressed this outage
July 17th, 2019 - 12:00 GMT

Instagram Users Outrage Due to Another Outage

Etisalat recently enlisted designers to create their own renditions of the ‘together’ emoji and got their creative juices flowing.
July 17th, 2019 - 11:57 GMT

Etisalat Unveils New ‘Together’ Emoji to Mark World Emoji Day

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