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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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Women over 25 years of age will only be granted a tourist visa to visit Saudi Arabia if they are part of a tourist group. More in this infographic. (Shutterstock)
January 15th, 2018 - 12:50 GMT

Saudi Arabia Explains Conditions for Tourist Visas for Women (Infographic)

The festival will feature performances, folklore shows, amusing events and informative competitions from 4pm to 9pm at Katara’s esplanade.
January 15th, 2018 - 12:40 GMT

Katara Gearing up for Winter Festival 2018

Muscat Municipality has completed all preparations for this annual event.
January 15th, 2018 - 12:39 GMT

Muscat Festival to Begin on January 18

Saudi Arabia and Japan signed six MoUs on the sidelines of the Saudi-Japanese Business Forum that kicked off in Riyadh this week. (Courtesy of SPA)
January 15th, 2018 - 12:32 GMT

Saudi Arabia Meets 40 percent of Japan’s Energy Needs: Khaled Al-Falih

Qatarf's exports to Turkey in 2016 stood at $908.5 million, while imports from Turkey stood at $538.9 million.
January 15th, 2018 - 12:29 GMT

Qatar-Turkey Economic Forum to Begin in Doha Tomorrow

Qatar Airways has announced its participation in the Kuwait Aviation Show 2018.
January 15th, 2018 - 12:27 GMT

Qatar Airways Participates in Kuwait Aviation Show

Visa is the official payment partner of the FIFA World Cup.
January 15th, 2018 - 12:21 GMT

QIB Partners With Visa for 2018 FIFA World Cup Prizes

Baladna is preparing to set up a Poultry Parent Stock Farm in Qatar with a production capacity of 50 million eggs per year. (QT)
January 15th, 2018 - 12:15 GMT

Baladna May Start Exports in 2019

AUC Alumna Rania Al-Mashat is the first woman to hold this position.
January 15th, 2018 - 12:10 GMT

AUC Alumna Rania Al-Mashat Egypt's New Minister of Tourism

The new showroom is the 11th store for the brand across the UAE and there are plans to open four more showrooms in the first quarter of 2018 that will have the same interiors.
January 15th, 2018 - 11:56 GMT

King Koil Opens Flagship Store in UAE

The Capital Markets Authority (CMA) board issued its resolution to adopt the updated instructions on Book Building and Allocation of Shares in IPOs. (AFP)
January 15th, 2018 - 11:56 GMT

CMA Adopts Updated Instructions on Book Building and Allocation of Shares in IPOs

Saudi Aramco, along with leading automakers, is pursuing research programs to develop and prove novel fuel and engine solutions capable of creating significant competitive and environmental advantages.
January 15th, 2018 - 11:45 GMT

Saudi Aramco Participates in North American International Auto Show

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