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Explosion In Baghdad Hospital, Claims 82 Lives & Wounds Hundreds

BAGHDAD: A disastrous explosion struck Ibn al-Khatib hospital in Baghdad, Iraq – claiming 82 lives and injuring an additional 110 people. The mishap occurred...
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OPEC turns 60, remains focused on balanced, stable oil market

OPEC turns 60, remains focused on balanced, stable oil market

(WAM) -- OPEC stands ready to meet the many challenges it will face as it enters the next 60 years of its history, affirmed...
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Shafiq Ahmed Saleh Abdelhamid

Drake and Scull International announces 2019 audited financial results

Drake & Scull International PJSC (DSI), a regional market leader in the integrated design, engineering and construction disciplines of Mechanical, Electrical and Plumbing (MEP),...
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dubai property market; uae real estate developers; property markets;

Middle East Markets Retreat as Investors Steer Clear of Most-at-Risk Region

(Bloomberg) --Middle Eastern markets can hardly be accused of complacency over the latest surge in regional tensions, even if global investors are taking a...
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OPEC+ Sends Mixed Signals About Deeper Output Cuts Before Talks

(Bloomberg) --OPEC and its allies sent mixed signals about whether they were considering deeper production cuts, fanning oil-market speculation before crucial talks in Vienna...
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oil field

Oil Rebounds as Iraq Signals Deeper Cuts Ahead of OPEC+ Meeting

(Bloomberg) --Oil rebounded from the biggest weekly loss since October as Iraq signaled OPEC+ will consider deeper output cuts at its meeting this week,...
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opec building

OPEC+ Watchers See Extension of Deal But No Deeper Output Cuts

(Bloomberg) --Any expectations that OPEC and its partners will make deeper cuts to oil production have all but evaporated. Just one out of 35 analysts...
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oil field

OPEC’s flaring political crises add new risk for oil supplies

(Bloomberg) --OPEC may have no appetite to cut oil production deeper when it meets next month, but flaring political crises across the group are...
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oman; construction; infrastructure; projects; city; crude oil; iraq

Oman, Iraq Ink Oil and Gas MoU

Oman and Iraq signed a memorandum of understanding (MoU) to cooperate in the oil and gas sector said a statement released by the Ministry...
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