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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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Though domestic shoppers are absent in high numbers, tourist buying of gold and jewellery has been improving since November.
January 11th, 2018 - 07:09 GMT

Malabar Gold to Open 11 New GCC Stores in 2018

Qatar 2018 will be a vital guide to the many facets of the country.
January 11th, 2018 - 07:06 GMT

Oxford Business Group to Highlight QFFD’s International Ventures

Last month the Kingdom’s announced a record budget — with infrastructure spending surging more than 90 percent.
January 11th, 2018 - 06:53 GMT

Drake & Scull International Moves Closer to Saudi Project Debt Deal

Saad Sherida Al Kaabi, Qatar Petroleum President & CEO and the Chairman of Qatargas.
January 11th, 2018 - 06:51 GMT

Qatar Petroleum CEO Departs to China for Talks on Energy Cooperation

Samsung Electronics announced last October the first major reshuffle in its top leadership since 2014, when the wider group’s chairman Lee Kun-Hee suffered a heart attack that left him bedridden.
January 11th, 2018 - 06:49 GMT

Samsung Expects Record Fourth-Quarter Profit of More Than $14 Billion

We are as much delighted with the success of the campaign as are the 300 winners of the lucky draw prizes.
January 11th, 2018 - 06:21 GMT

Jotun Campaign Grand Prize Winners Rewarded With Cars

Andrew Norwood, research vice president at Gartner
January 11th, 2018 - 06:13 GMT

Semiconductor Revenue Grows 22 Percent in 2017, Samsung Largest Supplier: Report

Owners will be notified by March and dealers will replace front passenger inflators or air bag assemblies.
January 11th, 2018 - 06:11 GMT

Toyota Adds 601,000 Vehicles to Takata Air Bag Recalls


The new fund is unique because it offers potential partners access to the global scale and scope of Renault-Nissan-Mitsubishi.
January 11th, 2018 - 06:09 GMT

Renault-Nissan-Mitsubishi Launches $1 Billion Corporate Venture Capital Fund

Hamad Buamim, president and CEO of Dubai Chamber,
January 11th, 2018 - 06:03 GMT

Dubai Chamber to Host Latin America Forum in February

Boeing researchers will use the prototype as a flying test bed to mature the building blocks of autonomous technology for future applications.
January 11th, 2018 - 06:01 GMT

Boeing Unveils New Unmanned Cargo Air Vehicle

Alba Cheif Executive Officer, Tim Murray
January 11th, 2018 - 05:57 GMT

Alba Posts Record Sales, Production Volumes in 2017

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