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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 4th, 2018 - 11:52 GMT

Amlak Finance, Marseilia Group Sign MoU for Urban Project in Cairo

Abdulla Yousef Al Mulla, QIC Group’s Official Spokesperson
January 4th, 2018 - 11:49 GMT

QIC Names Abdulla Yousef Al Mulla as Spokesperson

Vikas Panchal, Business Head at Tally Solutions in the Middle East
January 4th, 2018 - 11:15 GMT

Sharaf DG, Tally to Make VAT-Ready Software Accessible For Businesses

The company will be providing all Ooredoo customers travelling to Kuwait with unlimited roaming data.
January 4th, 2018 - 11:10 GMT

Ooredoo Sends a Charter Flight Full of Omani Football Team Fans to Kuwait With Free Unlimited Data Roaming

LG Nano CellTM SUPER UHD TVs employ Full-Array Local Dimming (FALD) backlighting.
January 4th, 2018 - 11:06 GMT

LG Lays Groundwork for TV of Tomorrow With ThinQ and Alpha Processor

The UAE tax authority wants the following elements to be mentioned on any VAT bill. (Shutterstock)
January 4th, 2018 - 10:58 GMT

What Should a VAT Tax Invoice Include in UAE?

The Egyptian non-oil private sector ended 2017 with a deterioration in business conditions, said the Emirates NBD Egypt PMI survey.
January 4th, 2018 - 10:12 GMT

Egypt Non-Oil Sector Decline Slows in December: Emirates NBD

Mohammed Fathy, General Manager of Jones & Clark consultancy
January 4th, 2018 - 10:09 GMT

Myths and Misconceptions Surrounding VAT: Jones & Clark

This Dubai Shopping Festival (DSF) is set to be more enjoyable than ever, with Emaar Entertainment’s Fun Passes!
January 4th, 2018 - 10:00 GMT

Emaar Entertainment Offers Friends and Family 'Fun Passes' During DSF

Saudi Arabia said the revenue from VAT would go towards infrastructure and developmental works. (AFP)
January 4th, 2018 - 09:59 GMT

Over $9 Billion From VAT in 2018: Saudi Arabia

Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain
January 4th, 2018 - 09:45 GMT

Bahrain Central Bank Chief Named Central Banker of the Year

A team of Saudi inventors came up with an innovation that can generate electricity for NEOM, the new $500-billion megacity in the north of Saudi Arabia. (Courtesy of Saudi Gazette)
January 4th, 2018 - 09:06 GMT

Saudi Engineers Come up With Innovative Way to Power ‘Neom’

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