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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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Turkish police patrol with a police dog a day after a suicide bomb attack on Istiklal Street, a major shopping and tourist district, in central Istanbul, on March 20, 2016. (AFP/Yasin Akgul)
March 22nd, 2016 - 02:00 GMT

Turkey's tourism sector facing 'beyond worst case scenario' for 2016

Averda will be posting vacancies via the company's LinkedIn page. (Crescent Enterprises)
March 22nd, 2016 - 01:00 GMT

Averda to recruit 1,000 new staff in Bahrain

Six major infrastructure projects will be implemented next year, including the expansion of Kuwait's International Airport. (LinkedIn)
March 22nd, 2016 - 12:00 GMT

Kuwait announces $11.3B of new infrastructure projects

The channel's suspension decision dates back to September 2014. (Mada Masr)
March 22nd, 2016 - 11:00 GMT

Egyptian court rejects appeals for resumption of Al-Jazeera's Mubasher Misr television channel

Virgin Australia reported A$62.5 million half-year profit and reportedly took out a A$164 million loan in the same period. (Wikimedia Commons)
March 22nd, 2016 - 10:00 GMT

Etihad Airways backs $321M finance agreement with Virgin Australia

The Saudi Ambassador claims that 'some have forgotten' about the kingdom's support for Lebanon. (File photo)
March 22nd, 2016 - 09:15 GMT

Saudi Arabia is 'best destination for Lebanese businessmen': Saudi ambassador

Lithograph by Lebanese artist Hussein Madi. (Collectionair)
March 22nd, 2016 - 08:00 GMT

Middle East art market gets a boost with Abu Dhabi stake in online art portal

Electricity prices in Egypt remain unchanged between 1994-2003 and increased slightly between 2004-2008.  (File photo)
March 22nd, 2016 - 07:00 GMT

Egypt considers delay in lifting electricity subsidies

Bedouin-inspired tents are  a feature of luxury desert-safaris.   (Four Seasons/Peter Vitale)
March 22nd, 2016 - 06:00 GMT

Qatar FIFA World Cup organizers mull Bedouin-style tents for fans due to potential room shortage

Aabar invests globally in diverse sectors such as real estate, aerospace, energy and financial services.  (Arab Economic News)
March 22nd, 2016 - 05:02 GMT

Abu Dhabi's Aabar Investments lands $4B loan deal

(L-R) Deborah Snyder, Diane Lane, Gal Gadot, Amy Adams, Ben Affleck, Zack Snyder, Henry Cavill, Jesse Eisenberg, Holly Hunter, Tao Okamoto, and Charles Roven attend the "Batman V Superman: Dawn Of Justice" New York. (AFP/Dimitrios Kambouris)
March 21st, 2016 - 02:14 GMT

Turkish Airlines sponsors 'Batman vs Superman' world premiere in NYC

The Ministry of Commerce and Industry suspects up to 60 percent of mobile phone shops are cover-up businesses for expatriates. (AFP/File)
March 21st, 2016 - 12:00 GMT

Go Saudi or go to jail: Warning for violators of new Saudization law

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