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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 Bawaba
January 26th, 2016 - 02:00 GMT

Abu Dhabi Ship Building awarded $70M Kuwaiti patrol boats contract

Al Bawaba
January 26th, 2016 - 01:00 GMT

MENA healthcare realty 'an untapped market': Knight Frank

Al Bawaba
January 26th, 2016 - 12:00 GMT

LuLu, Majid Al Futtaim make Deloitte's 'Top 250 Global Powers of Retailing' list

Al Bawaba
January 26th, 2016 - 11:00 GMT

A hub above: MENA fast becoming global aviation superhub

The maritime complex will boost economic growth. (Trade and Export ME)
January 26th, 2016 - 10:00 GMT

Saudi Aramco and partners to build maritime complex in Saudi Arabia

Al Bawaba
January 26th, 2016 - 09:00 GMT

Securing the future: Kuwait plans new $100B sovereign wealth fund

Al Bawaba
January 26th, 2016 - 08:00 GMT

'Russian industrial zone' to be established in Suez Gulf

The Sydney Opera House during the Royal Australian Navy International Fleet Review. (AFP/File)
January 26th, 2016 - 07:18 GMT

Australia courts MENA in the wake of weaker Chinese economy

Experts predict the global gut to worse due to increased production in North America, Saudi Arabia and Russia. (Shutterstock)
January 26th, 2016 - 05:52 GMT

Good while it lasted, but oil slides down again

Al Bawaba
January 25th, 2016 - 03:00 GMT

Moscow hints at resumption of flights to Egypt

Al Bawaba
January 25th, 2016 - 02:00 GMT

CNN opens Global Control office in Dubai

Bindawood Holding plans to open more than 30 hypermarkets and supermarkets under the Bindawood and Danube brands. (Alfa-img.com)
January 25th, 2016 - 01:30 GMT

Investcorp buys into Saudi's Bindawood supermarket chain

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