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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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Falling oil prices have cast a long shadow on the GCC construction industry. (File photo)
January 6th, 2016 - 12:41 GMT

International Construction Costs Index: how do MENA countries rank?

Al Bawaba
January 6th, 2016 - 11:52 GMT

GCC airlines' flight suspensions to Iran: a boon for other carriers

Al Bawaba
January 6th, 2016 - 10:39 GMT

Jordanian-Saudi Economic Forum to shine a spotlight on investment opportunities in Aqaba

Al Bawaba
January 6th, 2016 - 08:00 GMT

UAE's LuLu Group plows $150M into Indian mall, hotel and convention center

The Zohr natural gas field was discovered in the Mediterranean Sea in August by Italian oil company Eni. (File photo)
January 6th, 2016 - 07:00 GMT

Egypt's newly-discovered Zohr gas field to start production in 2017

Al Bawaba
January 6th, 2016 - 06:00 GMT

Lebanon's cellular network shuffle: more indecision

Al Bawaba
January 6th, 2016 - 05:01 GMT

Fasten your seatbelt! Etihad and Emirates rank among 20 safest airlines

Al Bawaba
January 5th, 2016 - 03:33 GMT

REDTAG plans expansion with 20 new stores in MENA in 2016

Al Bawaba
January 5th, 2016 - 01:18 GMT

Kuwait to supply Egypt with $1.2B of crude oil, solar and jet fuel supplies annually

Al Bawaba
January 5th, 2016 - 12:46 GMT

Missing in the middle: Egypt addresses middle-income housing gap

Al Bawaba
January 5th, 2016 - 12:13 GMT

Oman eyes Duqm for further tourism development

Al Bawaba
January 5th, 2016 - 11:03 GMT

Pipe dream now real: phase one of Qatar's ambitious water reservoir project underway

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