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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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KSA's medical industry accounts for approximately 50 percent of the entire regional market (Shutterstock)
December 12th, 2013 - 01:18 GMT

Just what the doctor ordered: KSA medical market to reach $1.6 billion by 2018

PS$ has sold over 2.1 million units worldwide. (Image credit: PCadvisor.co.uk)
December 12th, 2013 - 08:07 GMT

Sony PS4s to go on sale in UAE -- and you won't believe the markups retailers are charging!

There continues to be a growing corporate appetite in M&A activity in MENA. (Image credit: Shutterstock)
December 12th, 2013 - 07:26 GMT

Domestic deals drive 76% growth in MENA M&A activity

Saudi professionals are yet to fully utilize the LinkedIn platform to its maximum potential. (Image credit
: Shutterstock)
December 12th, 2013 - 05:31 GMT

LinkedIn reveals what most professionals in Saudi Arabia think of themselves

Vida Residence, The Hills, featuring only 136 serviced apartments, draws on the design approach and philosophy of Emaar’s newly-launched hotel brand, Vida Hotels and Resorts.
December 12th, 2013 - 03:55 GMT

You better make up your mind soon: Emaar unveils new Vida Residence, The Hills in Dubai

Al Bawaba
December 12th, 2013 - 03:55 GMT

Breaking the ice: Iran establishes task force to reclaim frozen assets

The initiatives are: Setting up of a Higher Workforce Authority to effectively implement the Saudization drive, making available more government schemes, and the launching of a national program to improve workplace environment.
December 11th, 2013 - 09:17 GMT

Getting it together? Probably not: Saudi Arabia introduces three new Saudization initiatives

BlackBerry has faced a difficult few years as its market share has dwindled in comparison to rivals Apple and Samsung.
December 11th, 2013 - 08:01 GMT

Not good enough? UAE operators cancel BBM service

 Neal Jones, Marriott’s chief Sales & Marketing Officer, Middle East and Africa, said it will “definitely” be announcing new projects relating to the 2020 showcase.
December 11th, 2013 - 07:46 GMT

Marriott to go overboard and quadruple its capacities for Expo 2020

Over the last two years, £85 million (more than LE850m) of assets belonging to toppled president Hosni Mubarak, his wife, two sons, their wives and 13 other former Egyptian ministers, businessmen and their wives have been frozen in the UK.
December 11th, 2013 - 01:07 GMT

Doing what they did with the pharaoh's artefacts? UK stalling the return of Mubarak's frozen assets to the Egyptian people

Pure Gold Jewellers will open an additional 65 stores and the La Moda chain plans 50 new stores in the UAE by 2020.
December 11th, 2013 - 12:56 GMT

Pure Gold's expansion plans are... pure gold?

KSA is expanding its electrical supply to meet the needs of a rising population, a growing industrial sector, and increased demand for air conditioning (File Archive/Shutterstock)
December 11th, 2013 - 10:00 GMT

Spotlight on Saudi Arabia: KSA expands electrical supply, power plan largest in the Middle East

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