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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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During the event
January 7th, 2018 - 12:50 GMT

Shell Oman Awards Solar Deals to Omani SME

The company’s target for Emiratisation in 2017 was 37 percent.
January 7th, 2018 - 12:34 GMT

Emirates Global Aluminium Tops Emiratisation Target in 2017

NMC plans to continue to expand its fertility network from the new IVF clinics opened in UAE and Oman last year, with additional expansion planned in other countries, particularly Saudi Arabia.
January 7th, 2018 - 12:28 GMT

NMC Healthcare is FTSE 100 Top Performer After $250 Million Deals

Thomas Krooswijk the new hotel manager.
January 7th, 2018 - 12:26 GMT

Four Seasons Amman Welcomes New Hotel Manager

The Year of Zayed is a huge step towards introducing the next generations to the legacy of the late Sheikh Zayed bin Sultan Al Nahyan in shaping and enriching our beloved nation.
January 7th, 2018 - 12:23 GMT

Dubai's Roads and Transport Authority Unveils Big Plans for Year of Zayed

Nile X will be officially launched in the second half of January. (YouTube)
January 7th, 2018 - 12:17 GMT

Nile X: First Egypt-Made Smartphone Ready for Pre-Order

Dr. Saad Al-Kaabi, Chairman International Medical Affairs Office, and Conference Chair at Hamad Medical Corporation
January 7th, 2018 - 12:05 GMT

HMC Hosts Heidelberg Research Conference Featuring Nobel Prize Winner in Medicine

The announcement was made at a meeting held at the Ministry’s headquarters, and was attended by His Excellency Eng. Mohammed Ahmed bin Abdul Aziz Al Shehhi.
January 7th, 2018 - 12:05 GMT

UAE Ministry of Economy Launches an Integrated Program for Implementing VAT and Detecting Violations

The total value of transactions during 2017 amounted to AED 48 billion ($13 billion) over 28 billion shares, an average of 112 million equities per day.
January 7th, 2018 - 12:05 GMT

ADX Listed Companies' Market Cap Rises to $132 Billion in 2017

Passengers and crew safe as severe cold weather impacts travel across North-Eastern US.
January 7th, 2018 - 12:01 GMT

Kuwait Airways Plane Involved in New York Collision

The report also expressed fear of a devastating war with Israel over the next five years. (AFP)
January 7th, 2018 - 11:53 GMT

Political Uncertainty Could Slow Lebanon’s Economic Growth: Report

The company is a major supplier of structural steel buildings under the Al Rajhi Building Solutions Group, one of the Middle East region’s premier construction companies.
January 7th, 2018 - 11:45 GMT

Al Rajhi Unit Seals Saudi Shopping Mall Contract

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