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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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Saudi Aramco's announcement of a possible IPO could trigger other state-owned energy companies in the Gulf to do the same. (Twitter)
January 25th, 2016 - 01:00 GMT

Saudi Aramco sell-off: Chairman confirms IPO will exclude reserves

Al Bawaba
January 25th, 2016 - 12:00 GMT

Leviathan gas deal down to the wire ahead of BG-Shell merger vote

Created in 2014, Asas mandate is to identify new investment opportunities in Oman. (File photo)
January 25th, 2016 - 11:00 GMT

Asas gets green light for Oman's first budget airline

Economist warn that Jordan loses JD 100 million for every cancelled workday due to inclement weather. (File photo)
January 25th, 2016 - 10:00 GMT

It's snow big deal: Debating the cost of snow holidays in Jordan

The program would enable employees to work from business centers, or even from home. (Shutterstock)
January 25th, 2016 - 09:00 GMT

Remotely possible: Saudi Arabia launches work-from-home program

Al Bawaba
January 25th, 2016 - 08:29 GMT

Bahrain International Airport awards $1.1B in contracts for renovation projects

Al Bawaba
January 25th, 2016 - 07:00 GMT

Small mercies: Gulf stocks rally as crude pushes above $32

Al Bawaba
January 25th, 2016 - 06:08 GMT

Lebanese successfully lobby for changes to US law against terror-funding

Al Bawaba
January 25th, 2016 - 05:36 GMT

Egypt: Seized Muslim Brotherhood assets valued at $1.1B

Al Bawaba
January 24th, 2016 - 03:00 GMT

Bahrain Air Show rakes in a record $9B in deals

Al Bawaba
January 24th, 2016 - 02:30 GMT

Gulf banks tempted by Iranian financial market

Al Bawaba
January 24th, 2016 - 02:00 GMT

Not welcome: Saudi bans tourist trips to military zones

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