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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
December 20th, 2015 - 07:39 GMT

Gas pipeline talks back on as Israel and Turkey re-establish diplomatic relations

The Kimberley Process was established in 2003 to stop the trade in diamonds from conflict-strewn countries. (Twitter)
December 20th, 2015 - 07:06 GMT

UAE to chair the Kimberley Process, 'blood diamond' regulatory group

Al Bawaba
December 20th, 2015 - 06:26 GMT

Jets set: Qatar pushes through with Rafale fighter aircraft purchase

Al Bawaba
December 17th, 2015 - 01:58 GMT

Netanyahu circumvents lawmakers to push through controversial gas deal

Al Bawaba
December 17th, 2015 - 01:30 GMT

Emerging markets calm following US Fed rate hike

Al Bawaba
December 17th, 2015 - 10:59 GMT

WTO cuts first major deal on eliminating tariffs on IT products

Saudi King Salman bin Abdulaziz met with Egyptian President Abdel Fattah al-Sisi during his visit to Riyadh, on March 1, 2015. (AFP/File)
December 17th, 2015 - 09:31 GMT

Saudi Arabia pledges $8B in aid and investment to Egypt

Al Bawaba
December 17th, 2015 - 08:00 GMT

World Bank touts economic inclusion 'enterprise zones' for Syrian refugees in Jordan

Al Bawaba
December 17th, 2015 - 07:00 GMT

Miserable Christmas for Beirut retailers as sales hit record low

Al Bawaba
December 17th, 2015 - 06:00 GMT

Baby out with the bathwater: did Kuwait Airways scrap NY-London route over Israeli discrimination case?

Al Bawaba
December 17th, 2015 - 05:09 GMT

Finance ministers of UN Security Council members meet to choke Daesh funding

Al Bawaba
December 16th, 2015 - 11:07 GMT

GCC implements new electronic system for customs duties

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