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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 secretary-general of the Kuwaiti liaison commission for environmental rehabilitation, said that the Kuwaiti compensation claims, according to UN resolution 258, cover six restoration ventures.
December 5th, 2013 - 03:55 GMT

A totally green economy otherwise? Kuwait to receive $744 million in compensation for environmental damage caused by 1990 Iraqi invasion

Al Bawaba
December 5th, 2013 - 03:55 GMT

Mission (im)possible? Libya aiming to restore oil output in two weeks

Al-Sabah asserted that the Kuwait Investment Authority would form partnerships with Egyptian organisations to aid in implementing projects and invest in joint ventures with the country, which the Kuwait Fund for Arab Economic Development would finance.
December 5th, 2013 - 03:55 GMT

Kuwait boasting that it's ready to boost Egypt's economy

In a statement on Tuesday, the Berlin-based organization said that the annual report represents a warning against the abuse of power, secret deals and bribes which are ongoing problems that ruin societies across the world.
December 4th, 2013 - 12:39 GMT

Where do the Arab Spring contenders lie on the corruption barometer?

Damac Properties was established in 2002, as a private, residential, leisure and commercial developer in Dubai. (Image credit: Shutterstock)
December 4th, 2013 - 12:23 GMT

DAMAC misses goal set at London share sale

Qatar, Indonesia, Saudi Arabia, Malaysia UAE and Turkey represent 78 percent of the international Islamic banking assets with commercial banks (File Archive)
December 4th, 2013 - 11:59 GMT

Islamic banking booming globally, assets to reach $1.72 trillion by end of year

Approximately 60-70 percent of the Saudi population does not participate in the labor force at all (Reuters)
December 4th, 2013 - 08:45 GMT

No work, all play: Will expanding private sector solve Saudi's unemployed youth problem?

Isolux Corsan will work on installing the cable lines in three distinct stages (Shutterstock)
December 4th, 2013 - 08:12 GMT

Spanish invasion: Madrid company wins $105 million Kuwait cable deal

Iran's Oil Minister Bijan Zanganeh said that Tehran has "no technical difficulties to expand our exports and to return to four millions barrels a day" once political obstacles, referring to sanctions, are lifted (Courtesy of Press TV)
December 4th, 2013 - 06:59 GMT

Iran gears up for OPEC meeting, says Tehran to "immediately" increase exports

Real estate auctions have taken the leap to the online world. (Image credit: Shutterstock)
December 4th, 2013 - 06:00 GMT

Toss those check books and bid online for Dubai's hottest properties

The centre significantly enhances Sabic’s R&D footprint in Asia, building on the existing infrastructure of its application centers – one in Moka, Japan, and the other in Sungnam, South Korea.
December 4th, 2013 - 03:55 GMT

Sabic opens $100m R&D centre in China

Passengers in all cabins have access to WiFi, 1,500 channels of in-flight entertainment and gourmet-chef prepared meals, served by highly trained multi-lingual cabin crew.
December 4th, 2013 - 03:55 GMT

All set with wifi and 400 hours of movies, Emirates Airlines launches longest flight in the world

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