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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 KhalifaSat will be the third after DubaiSat1 and DubaiSat2, which have been built in Seoul, under a knowledge-sharing arrangement with the South Korean company Satrec.
December 30th, 2013 - 03:55 GMT

The first UAE-made satellite, KhalifaSat, to be launched into space in 2017

The association aims to provide investment opportunities for Saudi investors in Egypt and to resolve the obstacles facing foreign investment, Secretary General of the association Ahmed Darwish said in the statement.
December 29th, 2013 - 02:36 GMT

With Qatar out of the picture, Egypt and Saudi Arabia will be taking their relationship to the next level tomorrow

The Saudi retail sector index jumped over 50 percent in the first nine months of 2013 (Shutterstock)
December 29th, 2013 - 02:09 GMT

Saudi shoppers keep KSA's retail market revenues rising

China is expected to overtake the United States in 2028 to become the world’s largest economy, according to a research report.
December 29th, 2013 - 01:46 GMT

Is China about to overtake the US as the world's largest economy?

With the help of KSA comedian Bader Saleh, 7UP hopes its new campaign will bring laughs--and profits--for the soda brand (Courtesy of You Tube)
December 29th, 2013 - 12:56 GMT

Cold drinks all around for Saudi's "Cool hero" Bader Saleh in new 7UP campaign

Over 98 percent of malware viruses target Android users in Jordan (Shutterstock)
December 29th, 2013 - 12:26 GMT

Android users in Jordan be(mal)ware!

Harvard Business Review is now available in Arabic due to the prominent journal's collaboration with a UAE-based conglomerate (Courtesy of Harvard Business School)
December 29th, 2013 - 11:59 GMT

Hot off the press: Harvard Business Review's Management section now available in Arabic!

Pearl has been identified recently by Dubai Exports among a number of product categories that can help boost the emirate’s exports and industrial sector. (Image credit: Shutterstock)
December 29th, 2013 - 07:21 GMT

UAE's original economy still thrives: Pearl trade up 15%

The committee's tasks will involve reviewing the associations' accounts and businesses and writing reports on their activities and financial positions.
December 29th, 2013 - 03:55 GMT

Egypt to reshuffle Muslim Brotherhood's frozen funds

Four Gulf states — Qatar, Saudi Arabia, Kuwait and the UAE — agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017.
December 29th, 2013 - 03:55 GMT

The new pampered child to replace Egypt? Qatar okays $1.25 billion aid package to Morocco

Jeddah authorities are planning to spend $160 million in 2014 to ease traffic woes for its residents (File Archive)
December 27th, 2013 - 12:00 GMT

Saudi Arabian city to spend how much to ease traffic congestion?!

Last December, Toyota said it had agreed to pay about $1.1 billion (€800 million) to settle a class action lawsuit launched by US vehicle owners affected by the series of mass recalls from the automaker.
December 26th, 2013 - 03:30 GMT

Speeding ticket? Blame your toyota! Saudi Arabia forced to recall 400,000 Toyotas for unintended acceleration

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