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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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Izmir is one of the strong contenders for the bid, but faces stiff competition from Dubai, Sao Paolo and Ekaterinburg.
November 27th, 2013 - 10:53 GMT

Could Izmir just walk away with the Expo 2020?

Ooredoo will use the proceeds from the sukuk's sale for the firm's refinancing (Courtesy of Arabian Business)
November 27th, 2013 - 09:46 GMT

Qatar's Ooredoo launches first sukuk

Bahrain's capital has attracted over 10.8 million visitors in 2013 thus far (Courtesy of Arabia 2day)
November 27th, 2013 - 09:40 GMT

What Expo 2020? Manama named Asia's 2014 capital of tourism

EMS' new smartphones are based on the Android platform and will be available in the UAE starting December 10 (File Archive/Shutterstock)
November 27th, 2013 - 09:30 GMT

New Smartphones to hit UAE markets in December

Nuclear may be the way of Saudi's energy future as industry leaders project a growth of job opportunities in this controversial sector (File Archive)
November 27th, 2013 - 09:16 GMT

Nuclear in focus: Saudi and France discuss controversial industrial collaboration

Currently, one litre of unleaded 90-octane gasoline is sold at JD0.810, while a litre of 95-octane is priced at JD0.98.
November 27th, 2013 - 03:55 GMT

Jordan has a good reason to celebrate the Iran deal

Global property adviser CBRE earlier this year ranked Dubai as the second most important destination for retailers in the world, with London occupying the top spot.
November 27th, 2013 - 03:55 GMT

What an accomplishment! Dubai leads the region in shopping space

Du had asked its individual and business mobile users interested in MNP to SMS the word ‘CHANGE’ to 3553 to receive information about MNP. It was intended that consumers who did this would receive an SMS from du containing information relating to MNP.
November 26th, 2013 - 11:11 GMT

Playing petty? Etisalat gets itself in trouble for blocking du's campaign

A company source said Kuwait Airways had been negotiating to lease the Jet Airways aircraft for eight years in a deal worth 134 million dinars ($473.7 million) but decided instead to buy the planes for 77 million dinars.
November 26th, 2013 - 10:46 GMT

Stingy or frugal? Kuwait Airways chief suspended over plan to buy used aircrafts

Since the global financial meltdown, European governments and investors have been more keen to develop Islamic finance within the Eurozone as a way to attract wealthy investors from the Gulf and southeast Asia (Shutterstock)
November 26th, 2013 - 10:15 GMT

Private Gulf investors to launch first Islamic bank in Eurozone in 2014

Topaz will deploy boats to Azerbaijan's offshore fields during the last quarter of 2013 and the first quarter of 2014 (Courtesy of Shipbuilding Times)
November 26th, 2013 - 09:46 GMT

Topaz Energy & Marine wins big: awared 2 BP contracts to operate in Azerbaijan's largest oil fields

KSA will use solar power energy to operate its proposed seawater desalination plant (Shutterstock)
November 26th, 2013 - 09:29 GMT

UAE boosts its green profile with largest solar-powered desalination plant announcement

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