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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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In the fourth quarter, the UAE market will experience a year-on-year growth of more than 81 per cent to 396,677 units. (Image credit: Shutterstock)
December 31st, 2013 - 08:08 GMT

UAE Tablet market to grow 16% in 2014; iOS not the big winner

Analysys believe that over the long-run Saudization will be a positive for the retail sector. (Image credit: Shutterstock)
December 31st, 2013 - 06:43 GMT

Deporting migrant workers to impact Saudi retail sector

The expansion has been above all driven by substantial gains in the oil and gas sector where output levels rebounded to capacity after technical disruptions.
December 31st, 2013 - 03:55 GMT

Arab Spring gone with the wind? Bahrain's economy to record robust growth

The combined wealth of the ten richest Arabs in the UK exceeded $17.5, according to an annual ranking by the Sunday Times conducted in April.
December 30th, 2013 - 04:58 GMT

Other than Dubai's Expo 2020 win, what were the Middle East's top business breakthroughs in 2013?

During the meeting, the board referred to KHC and Prince Alwaleed’s combined investment in Twitter that has increased from $300 million to around $1.2 billion since Twitter’s IPO in November 2013.
December 30th, 2013 - 04:29 GMT

Worthy of a retweet? Prince AlWaleed's twitter shares rocket from $300 million to 1.2 billion!

Pfizer will open new factories in KSA ready for production by 2015 (Courtesy of Business Week)
December 30th, 2013 - 12:38 GMT

Saudi's got a new chill "pill": Global reknown drug company setting up shop in Kingdom

Dubai Duty Free is one of the most profitable in the world (Courtesy of Emirates 24/7)
December 30th, 2013 - 12:11 GMT

One heavy duty-free year planned for Dubai, sales to pass $2 billion in 2014

Fast Link will establish its telecom regional headquarters in Bahrain in 2014 (File Archive/Shutterstock)
December 30th, 2013 - 11:56 GMT

New Telecom company opening in this Gulf country

Hotel occupancy in Abu Dhabi is expected to increase 2014. (Image credit: Shutterstock)
December 30th, 2013 - 08:03 GMT

Events and Etihad drive Abu Dhabi hotel occupancy to record highs

Rail will drive an ambitious infrastructure development program in the GCC. (Image credit: Shutterstock)
December 30th, 2013 - 07:43 GMT

Saudi Arabia rail spending to reach $70 billion in the next ten years

In light of the repatriation of hundreds of Filipinos ahead of Christmas, Philippine Ambassador Ezzedin Tago expressed gratitude to King Abdullah and the Saudi Arabian government.
December 30th, 2013 - 03:55 GMT

Heart warming: Saudi Arabia made sure deported Filipinos got sent home before Christmas

BlackBerry decided to pull the update after users reported loading issues and crashes.
December 30th, 2013 - 03:55 GMT

Another mishap: BlackBerry withdraws Twitter app update

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