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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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Putin has accused Turkey of downing the Russia plane to protect their oil trade with Daesh. (AFP/File)
December 6th, 2015 - 09:59 GMT

Turkey to seek alternative energy suppliers as spat with Russia continues

Al Bawaba
December 6th, 2015 - 08:30 GMT

UAE remittance industry flourishes despite oil slump

Canada has a proportionally larger Muslim population than the US. (File photo)
December 6th, 2015 - 07:38 GMT

Canada poised to become regional hub for Islamic finance

Al Bawaba
December 6th, 2015 - 05:57 GMT

Emirates and Malaysia Airlines ink monumental codeshare deal

Al Bawaba
December 6th, 2015 - 05:00 GMT

Keep on pumpin': OPEC meeting ends with no change in output quotas

Al Bawaba
December 3rd, 2015 - 05:56 GMT

Gaseous clashes: EMG claims no knowledge of Dolphinus-Israel deal

Al Bawaba
December 3rd, 2015 - 05:16 GMT

UAE tire market rolling strong

Al Bawaba
December 3rd, 2015 - 04:59 GMT

GCC's a pretty great place to be an expat if money's on your mind

Al Bawaba
December 3rd, 2015 - 04:39 GMT

Kurdish oil payments confirmed by Norwegian DNO

Al Bawaba
December 3rd, 2015 - 03:17 GMT

Gold to get a Sharia standard for financial transactions

Al Bawaba
December 3rd, 2015 - 01:01 GMT

Gender equality could boost global economy by $13 trillion: Deutsche Bank

Al Bawaba
December 3rd, 2015 - 11:45 GMT

Industry leaders converge on Bahrain for the 2015 World Islamic Banking Conference

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