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Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid
December 24th, 2025 - 07:48 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Iran gas cutoff knocks up to 4,500 MW off Iraq’s power grid

ALBAWABA- Iraq faces major energy shock as Iran halts gas exports, slashing up to 4,500 MW from national grid Iraq’s power sector was hit hard after Iran suspended all natural gas exports, wiping out 4,000 to 4,500 megawatts from the national grid and exposing the fragility of the country’s already overburdened electricity system. Spokesman Ahmed Moussa said Baghdad received an official notification from Tehran citing “extraordinary circumstances,” prompting the shutdown ...
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US billionaire Bill Gates reclaimed his top spot on the list after a four-year hiatus with a net worth of $76 billion, adding $9 billion to his wealth last year.
March 4th, 2014 - 03:16 GMT

You probably know the first, but here are Forbes' revelations on the Arab world's top ten billionaires!

Abu Dhabi will use SCOOT, a traffic system used in more than 120 major cities worldwide to manage transportation flows in the city (File Archive/Shutterstock)
March 4th, 2014 - 02:37 GMT

Abu Dhabi commences $9 billion traffic system project

Inflation is set to rise in all countries in the GCC except for Bahrain who is bucking the trend (File Archive/Shutterstock)
March 4th, 2014 - 02:17 GMT

Moody's: Only one GCC country is not projected to see a rise in inflation this year

The Dubai Water Canal project will pass through the heart of Dubai in a course extending three kilometers
March 4th, 2014 - 09:27 GMT

Dubai attempts to create nature again with $544m water canal

A comprehensive nuclear deal between Iran and six major world powers over Tehran’s nuclear energy program is possible by the end of July
March 4th, 2014 - 08:44 GMT

Final nuclear deal possible within next 5 months: Zarif

Al Bawaba
March 4th, 2014 - 03:55 GMT

Gulf markets take nosedive over Ukraine crisis

Al Bawaba
March 4th, 2014 - 03:55 GMT

Thank you Gulf states? Nope, not this time! Egypt's trade deficit falls due to fall in exports and imports

In 2013, Jordan’s exports to Iraq went up by 23 per cent, amounting to JD884 million while its imports from Iraq totalled JD269 million
March 3rd, 2014 - 06:54 GMT

Jordan, Iraq discuss ways to cement business ties

The procurement process for the projects starts immediately.
March 3rd, 2014 - 06:43 GMT

Qatar puts joint initiatives, funding on the table to woo investors

The richest Israeli is Eyal Ofer in 191st place with a fortune of $7 billion.
March 3rd, 2014 - 05:14 GMT

Meet the 18 Israelis who made the Forbes Billionaires List

"Oil markets are reacting on the potential that the situation could worsen," said Ben le Brun.
March 3rd, 2014 - 04:36 GMT

A sign of what's yet to come? Oil prices jump on Russia's threat to invade Ukraine

Saudi Arabia deported most of its construction sector workers under its Saudization policies (File Archive)
March 3rd, 2014 - 02:00 GMT

How the tables have turned: Saudi seeking help from this MENA country on labor issues

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