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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 8th, 2015 - 11:55 GMT

Cairo's metro renovation gets a $109M boost from EBRD

Al Bawaba
December 8th, 2015 - 11:11 GMT

Saudi nationals dominate in only ten percent of private sector jobs

Al Bawaba
December 8th, 2015 - 09:48 GMT

Lebanon's telecoms giants await ministry decision on tender

Al Bawaba
December 8th, 2015 - 08:30 GMT

Russia's Metrojet owners want compensation from Egypt over Sinai crash

Al Bawaba
December 8th, 2015 - 07:30 GMT

A method to their madness? Oil prices sink after OPEC meeting

Al Bawaba
December 8th, 2015 - 07:06 GMT

MENA banks arrange $250M loan to Banque Misr

Lockheed Martin is one of the top arms manufacturers. (Al Bawaba/File)
December 7th, 2015 - 10:31 GMT

As MENA conflicts drive weapons demand, US manufacturers expand operations to keep up

Al Bawaba
December 7th, 2015 - 07:47 GMT

GCC meeting leads to progress toward VAT agreement

Al Bawaba
December 7th, 2015 - 02:12 GMT

Egypt to sign $1.5B in loans from World Bank, African Development Bank

Al Bawaba
December 7th, 2015 - 11:49 GMT

Etihad-Virgin Australia alliance extended another five years

Al Bawaba
December 7th, 2015 - 11:31 GMT

Saudi families protest migrant workers' housing in residential neighborhoods

Oil, gas, banking and financial sectors havewitness a steady decline in hiring activity due to falling oil prices. (File photo)
December 7th, 2015 - 11:17 GMT

Caution is the name of the hiring game in the UAE

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