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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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Going forward, the IMF encouraged UAE authorities to continue their efforts to sustain growth and diversify the economy
May 17th, 2012 - 03:33 GMT

UAE's 'Economy Spring' of 2011: 4.9% growth from high oil prices

Middle East and North Africa region would be affected in numerous ways if the Euro zone slips into recession again
May 17th, 2012 - 02:22 GMT

EU recession part 2 would take down MENA economies too

The volume of investments in the estates was around $2 billion, 68 per cent of which are by Jordanian business people
May 17th, 2012 - 11:46 GMT

Jordan's industrial-estate exports hit $530 million

Samsung Air Purifier
May 17th, 2012 - 10:14 GMT

Samsung launches Air Purifier to protect consumers from indoor viruses

Annual consumer price growth in the $360 billion economy, the second largest among Arab countries
May 17th, 2012 - 10:03 GMT

UAE inflation skyrockets to 9-month peak

The UAE's markets were also hit, with the Dubai Financial Market General Index closing down 1.3 percent at 1,466.08
May 17th, 2012 - 09:45 GMT

Greek crisis' global impact felt in oil and shares

More and more of the 513 hotels in the UAE are saying they’re reaping the rewards of adopting eco-friendly practices
May 17th, 2012 - 08:55 GMT

UAE can economize on Greening

Leading the list in the Top 50 Richest Arab Businesswomen in Listed Companies category was Shaikha Amna bint Mohammed Al Thani
May 17th, 2012 - 08:09 GMT

Bahraini female pride: Which Arab women made Forbes' list?

Al Bawaba
May 17th, 2012 - 07:18 GMT

Bridgestone introduces new generation Run-flat technology tyre in the Middle East and Africa market

During the awareness
May 17th, 2012 - 04:45 GMT

Philips raises awareness on breastfeeding for Egyptian mothers

The UAE free zones contribute more than 25 percent to the country’s GDP
May 16th, 2012 - 03:13 GMT

UAE's SMEs might want to check new regulations

Europe's debt crisis has triggered concerns about the ability of GCC companies and banks to refinance debt this year
May 16th, 2012 - 10:56 GMT

MENA region is not immune to euro-zone crisis

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