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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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The new regulations will go into effect this one. (Image credit: Shutterstock)
January 9th, 2014 - 07:26 GMT

Want to send money out of Egypt? Now you can!

The sultanate’s government recently released a 2014 budget with state planning to spend OMR13.5 billion, up five per cent from the original plan, which envisaged a 29 per cent hike from 2012 expenditure.
January 9th, 2014 - 03:55 GMT

The quiet overachiever: Oman's household income went up almost 85% in 10 years!

The banks informed PGGM that Israeli law forbade them from not providing services in the West Bank settlements.
January 9th, 2014 - 03:55 GMT

Dutch pension fund disinvests millions from Israeli banks, and for the right reasons

The Kingdom’s first high-speed passenger rail line was slated for completion by January 2014. But due it unavoidable circumstances the construction has been delayed.
January 9th, 2014 - 03:55 GMT

Blessed? Mecca-Medinah high-speed railway 'well on track" and ready for 2015 debut

Denny's will operate in nine countries in the Middle East. (Image credit: Wikipedia)
January 8th, 2014 - 02:33 GMT

Denny's, the world's largest family dining chain, is coming to the Middle East

Israel's Ministry of Energy, Jordan's Ministry of Energy and Noble Energy all declined to comment on the report.
January 8th, 2014 - 01:38 GMT

Passing gas: After historic $1.2 billion gas deal with Palestine, Israel to build pipeline to Jordan

Journalists began tweeting and posting video showing what happened. Bay was soon Twitter’s second highest trending topic.
January 8th, 2014 - 12:11 GMT

Samsung's debut of largest high-definition TV ever eclipsed by 'mishap'

Prince Alwaleed bin Talal was ranked number one in Arabian Business Magazine’s World’s 500 Most Influential Arab list of 2013 (File Archive)
January 8th, 2014 - 10:15 GMT

Why Prince Alwaleed bin Talal is still topping business charts as "Most Influential Arab" in 2013

A Syrian refugee in Jordan's Zaatari camp retrieves water. Jordan is one of the most water-scarce countries on earth (File Archive/AFP)
January 8th, 2014 - 09:42 GMT

Thirsty? This Kingdom needs $750 million to quench its water gap

Bahrain parliament voted to establish the private sector minimum wage Tuesday (Courtesy of Gulf News)
January 8th, 2014 - 09:18 GMT

Bahrain sets new minimum wage for private sector workers

The yellow metal is back in fashion among Emirati shoppers. (Image credit: Wikimedia)
January 8th, 2014 - 09:03 GMT

Gold rebounds in Dubai

The total sukuk issuances for 2013 were $120 billion. (Image credit: Shutterstock)
January 8th, 2014 - 07:21 GMT

Report: 2013 was a record year for Sukuk issuances

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