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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
November 23rd, 2015 - 11:03 GMT

OPINION: Is the market really flooded with surplus oil?

Al Bawaba
November 23rd, 2015 - 10:19 GMT

Recruitment website Wuzzuf plans massive Gulf expansion

Al Bawaba
November 23rd, 2015 - 09:36 GMT

The world needs the moral and human side of Islamic finance: Turkish minister

Al Bawaba
November 23rd, 2015 - 08:00 GMT

Omani oil workers reinstated, future layoffs canceled despite industry losses

Al Bawaba
November 23rd, 2015 - 05:42 GMT

German department store u-turns over Israeli settlement wines stock removal

Al Bawaba
November 22nd, 2015 - 11:00 GMT

A quarter of house sales to foreign buyers in Turkey went to Gulf nationals

Al Bawaba
November 22nd, 2015 - 09:03 GMT

As post-oil world looms, UAE plans to build 'knowledge economy' with $81.7B in projects

The International Finance Corporation is a member of the World Bank Group. (Al Bawaba/File)
November 22nd, 2015 - 08:22 GMT

World Bank Group member IFC invests $27M in Souq.com

Al Bawaba
November 22nd, 2015 - 08:04 GMT

With MENA Internet use booming, digital marketing is critical to SME success

Al Bawaba
November 22nd, 2015 - 12:32 GMT

Fun central: Dubai's booming leisure industry gearing up to welcome 45 million visitors by 2020

Al Bawaba
November 22nd, 2015 - 11:31 GMT

MENA must create 100 million jobs by 2020 to meet unemployment numbers

Al Bawaba
November 22nd, 2015 - 10:51 GMT

Lower oil prices could drain Saudi FX reserves by $18B per month: report

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