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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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Sunday’s hearings were postponed to Dec. 26 after defence lawyers sought time to review evidence presented by the prosecution.
December 17th, 2013 - 10:14 GMT

Corruption crackdown: Nine Omani officials, executives taken in

UAE markets are quite strong despite nervousness in global markets. (Image credit: Shutterstock)
December 17th, 2013 - 06:00 GMT

UAE's DFM and ADX indices hit a five year high

Palestinian border official Raed Fattouh said Sunday's fuel shipment was paid for by Qatar.
December 17th, 2013 - 03:55 GMT

Saving the day: Qatar sends much-needed oil shipment to Gaza

Mauritius becomes the 24th A380 destination and Emirates operates a fleet of 42 A380s, with 98 more on order.
December 17th, 2013 - 03:22 GMT

Catering to honeymooners? Emirates launches daily flights to Mauritius

With the exception of Saudi Arabia and Egypt, the traded value of Arab equities almost doubled in the first ten months of 2013 led by the UAE and Kuwait, according to a recent research note of Mubasher.
December 16th, 2013 - 01:28 GMT

With Saudi Arabia and Egypt seeing values drop, UAE and Kuwait lead Arab Markets

Bahrain's oil investments have contributed to 45 percent of the country's output growth this year (File Archive)
December 16th, 2013 - 11:04 GMT

Bahrain beats forecast for economic growth in third quarter

Kuwait’s Parliament in February formed a special panel to probe allegations of irregularities in awarding the contract and another project to build a causeway.
December 16th, 2013 - 10:56 GMT

Coming clean after a parliamentarian probing? Consortium for Kuwait's historic desalination facility revealed

Cebu Pacific's seat sale promotion will last until Dec. 18 (Courtesy of Wikipedia)
December 16th, 2013 - 09:23 GMT

Halfway around the world for 27 dollars?! From Dubai, anything is possible this holiday season

The new domestic worker law is expected to cover housemaids, cleaners, nannies, cooks, butlers, drivers and gardeners (Shutterstock)
December 16th, 2013 - 08:52 GMT

Cleaning up their act, or just getting their hands dirtier? New GCC domestic worker law hoped to take effect next year

Sotheby’s global sales value estimated at $40 billion with 17 per cent  from the GCC region. (Image credit: PR Web)
December 16th, 2013 - 07:00 GMT

Catering to the new realities of the Expo 2020: Sotheby's International Realty opens up in Dubai

The plastics industry in Saudi Arabia will achieve a production capacity of over 100 million tons per annum. (Image credit: Shutterstock)
December 16th, 2013 - 06:00 GMT

Plastics sector in Saudi Arabia set to reach $50 billion

The majority of MENA economies are expected to grow over the next year partially owing to higher oil production. (Image credit: Shutterstock)
December 16th, 2013 - 05:00 GMT

2014 a year of growth for MENA

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