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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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The economic activity is expected to improve over the next two years (Image: File/Photo)
December 27th, 2015 - 07:35 GMT

More than just oil: Kuwait's private sector expects 5 percent growth

The employer has no right to stop the worker from leaving the country
December 27th, 2015 - 07:22 GMT

Third time lucky? Qatar to have another go at labour law reforms in 2016

The projects are scheduled to be completed in 18-24 months (Image: file/photo)
December 27th, 2015 - 06:56 GMT

Jordan: A brighter 2016 with more solar energy projects on the horizon

Al Bawaba
December 27th, 2015 - 06:54 GMT

Private deposits with Oman banks up 8%

Al Bawaba
December 24th, 2015 - 02:51 GMT

Tunisian President calls for Saudi investments

Oman's corporate income tax would rise to 15 per cent. (File photo)
December 24th, 2015 - 01:03 GMT

Oman considers upping corporate income tax by 3 percent to face falling oil prices

Al Bawaba
December 24th, 2015 - 12:24 GMT

UAE, Masdar sign agreement for marine conservation, healthy aqua-farming ecosystem

Al Bawaba
December 23rd, 2015 - 11:27 GMT

Egypt's IDA approves 181 new industrial investment projects

Al Bawaba
December 23rd, 2015 - 01:30 GMT

UN reiterates plea to Israel to compensate Lebanon for 2006 oil spill

Al Bawaba
December 23rd, 2015 - 01:00 GMT

Internet searches for Islamic financial products surge in MENA

Al Bawaba
December 23rd, 2015 - 11:47 GMT

Saudi bookstore joins boycott of Trump products

Al Bawaba
December 23rd, 2015 - 11:00 GMT

UN passes resolution supporting Palestinian sovereignty over natural resources

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