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Economy and Policy

Economy and Policy latest

Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid
December 24th, 2025 - 07:48 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid

ALBAWABA- Iraq faces major energy shock as Iran halts gas exports, slashing up to 4,500 MW from national grid Iraq’s power sector was hit hard after Iran suspended all natural gas exports, wiping out 4,000 to 4,500 megawatts from the national grid and exposing the fragility of the country’s already overburdened electricity system. Spokesman Ahmed Moussa said Baghdad received an official notification from Tehran citing “extraordinary circumstances,” prompting the shutdown ...
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The government and the ministry support all initiatives that enhance the economy
June 13th, 2012 - 05:30 GMT

Bahrain 'taking steps to ensure cement supply'

The deficit registered in the first four months of 2012 is the result of a decline of $1.828 billion in net foreign assets of Lebanese commercial banks, as well as an increase of $912 million in net foreign assets of the Central Bank of Lebanon
June 13th, 2012 - 05:10 GMT

Lebanon: increase in financial inflows not enough to cover trade deficit

he top ten most expensive cities continue to be predominantly led by those located in Europe and Asia
June 13th, 2012 - 10:24 GMT

UAE still most costly for living in GCC

DUBAL and EMAL representative at Aluminum China 2012
June 13th, 2012 - 08:57 GMT

UAE well represented at aluminium exhibition in China

The insurance sector is asking Lebanese politicians to tone down their rhetoric
June 13th, 2012 - 07:10 GMT

Mergers, capital hike key to bolstering insurance sector

Al Bawaba
June 13th, 2012 - 07:02 GMT

Xerox says drupa 2012 “Only the Beginning”

Children at KidZania learned a lot about what they can do for the environment during the ‘KidZ for a Greener World’ global initiative
June 13th, 2012 - 06:52 GMT

The Coca-Cola Company make a child’s dream come true and support sustainability at KidZania

UAE cities have lost the lead as the most expensive cities in the Middle East, with Beirut moving forward to position 67
June 12th, 2012 - 02:00 GMT

Dubai on the cheap? Emirate drops 13 places in Worldwide Cost of Living Survey 2012

Dents in the Arab economy, like these rusty oil cans
June 12th, 2012 - 01:08 GMT

Growth Stalls in Arab World as Challenges from Europe Escalate

Al Bawaba
June 12th, 2012 - 10:13 GMT

GE delivers advanced water treatment technology to support Bahrain’s oil and gas industry

Regardless of who is elected, one of the toughest challenges the new president of Egypt will face is to secure the hefty $22.5 billion needed to finance the deficit of the recently released state budget for the fiscal year 2012-2013
June 12th, 2012 - 10:11 GMT

Egypt confronts economic hardships

As the unrest in neighboring countries impacts the number of tourists to Lebanon, the EIU has lowered its 2012 forecast for real GDP growth to 2.9 percent from 3.2 percent
June 12th, 2012 - 09:13 GMT

Lebanon's economy bound to suffer: 2012 GDP falls off

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