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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 10th, 2015 - 01:00 GMT

Dubai to host third Global Islamic Economy Summit

In 2008, $6.1B was smuggled out of Egypt, according to the Global Financial Integrity report. (Shutterstock)
December 10th, 2015 - 12:00 GMT

Dirty cash flows in MENA: the Global Financial Integrity report

Al Bawaba
December 10th, 2015 - 11:00 GMT

Saudi Arabia stands its ground at COP21

Al Bawaba
December 10th, 2015 - 10:00 GMT

Stopping the sprees: Bahrain's government reigns in spending to improve efficiency

Al Bawaba
December 10th, 2015 - 09:00 GMT

Compensation claims against Arab Bank thrown out by US court

Al Bawaba
December 10th, 2015 - 07:12 GMT

Arab investors won't dump the Trump despite anti-Muslim remarks

Al Bawaba
December 9th, 2015 - 10:55 GMT

Denny's opening 30 new restaurants for casual diners all over MENA

Al Bawaba
December 9th, 2015 - 10:26 GMT

BP expands offshore Egypt operations

Al Bawaba
December 9th, 2015 - 10:09 GMT

Saudi government to give 3,000 university scholarships to Syrians

Oman oil prices dropped to $36.44 on Tuesday. (Al Bawaba/File)
December 9th, 2015 - 09:45 GMT

IMF offers Oman recommendations to handle falling oil prices

Al Bawaba
December 9th, 2015 - 01:37 GMT

With exemptions, GCC VAT should cause minimal economic distortion: Deloitte

Al Bawaba
December 9th, 2015 - 01:00 GMT

Egypt suspends gas talks but Israeli firms still pursuing deals

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