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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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Al Said, the luxury yacht of Sultan Qaboos in the old port of Muttrah in Muscat. (Shutterstock/Philip Lange)
February 2nd, 2016 - 06:11 GMT

Iran to launch Islamic tourist cruise to Oman and India

Al Bawaba
February 1st, 2016 - 01:52 GMT

Russia passes on trash: who will accept Lebanon's waste exports?

Al Bawaba
February 1st, 2016 - 01:45 GMT

Bahrain's Banagas propels new $355M gas expansion

Al Bawaba
February 1st, 2016 - 01:38 GMT

Grain games: Egypt to open MENA's first agricultural commodities exchange

Saudi Telecom recently gained majority control of Viva. (Mubasher)
February 1st, 2016 - 01:04 GMT

Viva la STC: Saudi Telecom now controls more than half of Kuwait's Viva

Al Bawaba
February 1st, 2016 - 12:51 GMT

Korea's Ssangyong lands $1.6B in UAE construction contracts

Al Bawaba
February 1st, 2016 - 07:18 GMT

Unhealthy future? GCC home-care market sees massive growth in demand

Al Bawaba
February 1st, 2016 - 06:13 GMT

Conflict-zone avoidance proves a challenge for airlines

Bahrain has signed an agreement with China that will facilitate tour operators to send large groups to Bahrain this year. (File photo)
January 31st, 2016 - 03:28 GMT

Brand Bahrain in global push to celebrate Manama, Gulf Capital of Tourism 2016

Items such as household appliances, food, plastics, and clothing will be affected by the new customs tax increase. (Wikimedia Commons)
January 31st, 2016 - 01:11 GMT

Egypt's tax on imports set to rise up to 40 percent

Al Bawaba
January 31st, 2016 - 08:34 GMT

Qatar's bourse joins UN stock exchange initiative

Al Bawaba
January 31st, 2016 - 06:46 GMT

Bahrain requires sizable fiscal adjustment: IMF

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