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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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Al Bawaba
January 26th, 2014 - 10:18 GMT

Jordan's new state of the art airport already paying off

Al Bawaba
January 26th, 2014 - 09:28 GMT

2013 brought good news to Oman's property sector

The fall in the lira seemed to worry investors, who pushed the main stock index Borsa İstanbul (BIST) down 1.8 percent.
January 26th, 2014 - 03:55 GMT

And it's getting worse: Turkish lira hits new low

Al Bawaba
January 26th, 2014 - 03:55 GMT

Jordan's Arab Bank celebrates 43% net profit hike

“UAE intellectuals, experts and leaders will be involved in preparing papers and research material that reflect our country’s vision on many global issues," said AlGergawi.
January 24th, 2014 - 08:58 GMT

UAE strikes strategic deal with World Economic Forum

The Dubai Financial Market index, the best performer among 90 benchmarks tracked globally, jumped 3.57 per cent, or 131.7 points.
January 24th, 2014 - 08:49 GMT

What crisis? Dubai markets at new hit five year high!

That growth would be driven by overseas demand — Toyota expects volume at home to slip 5 per cent this year as consumer demand takes a hit from an April sales tax hike.
January 24th, 2014 - 07:52 GMT

Safety recalls? Who cares! Toyota reigns as world's top vehicle seller

Lebanese authorities say that Syrian refugees have been a huge economic burden in their country (File Archive/AFP)
January 23rd, 2014 - 11:07 GMT

To relieve economic burden of refugee crisis, U.N. is buying Lebanese

The ambassador and the prince also discussed a number of topics related to economic bilateral ties between Saudi Arabia and Portugal.
January 23rd, 2014 - 03:55 GMT

Always outside the box: Al-Waleed bin Talal considers investing in Portugal

International business leaders gathered in Davos for the 44th World Economic Forum Annual Meeting urged governments on Wednesday to make policy changes needed to stimulate the job market and restore trust between businesses and civil society.
January 23rd, 2014 - 03:55 GMT

Business leaders in Davos' World Economic Forum think long-term

While not neglecting subsidizing other goods, the official said that prioritizing energy products over other goods is due to a new direction followed by the government.
January 22nd, 2014 - 10:04 GMT

Beblawi presents Egypt's economic woes to the world in Davos

Cheap energy in the region has also attracted energy-intensive industries such as aluminum smelters.
January 22nd, 2014 - 09:56 GMT

The UAE is consuming too much energy

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