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OPEC
April 28th, 2026 - 12:29 GMT
Sally Shakkour

Sally Shakkour

UAE withdraws from OPEC and OPEC+

ALBAWABA - The United Arab Emirates announced its decision to withdraw from OPEC and OPEC+, Emirates News Agency (WAM) reported Tuesday. WAM added that the Guld country's decision to exit OPEC and OPEC+ aligns with the state's long-term strategic and economic vision. The decision will be effective starting from May 1, 2026. According to experts, the withdrawal decision is expected to greatly affect the oil-exporting groups amid the ongoing Middle ...
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The decline in UAE oil prices is expected to be taking a toll on consumer sentiment. (File Photo)
August 7th, 2016 - 02:00 GMT

Decreasing confidence in Middle East market

The international smart building market is expected to touch $36.3 billion by 2020. (Trade Arabia)
August 7th, 2016 - 01:00 GMT

UAE leading Gulf state in smart building solutions

Egypt announced in 2014 ambitious plans to develop renewable energy. (File photo)
August 7th, 2016 - 12:00 GMT

Investors' high hopes clouded by Egypt’s solar power struggles

A man stands among camels during an auction at Birqash Camel Market just outside of Cairo. (AFP/File)
August 7th, 2016 - 09:00 GMT

Jordan’s camel industry crippled by drought

Oman's fishing industry is going swimmingly. (Shutterstock)
August 7th, 2016 - 08:00 GMT

Oman sees steady upswing in fishing industry

Dubai airport said 19,000 passengers and 500 flights had been affected by delays and cancellations after an Emirates jet caught fire as it crash landed. (Shutterstock)
August 7th, 2016 - 07:00 GMT

Dubai airport back to normal operations following Emirates crash landing

Hi-tech houses will help alleviate Saudi Arabia's housing crisis. (Shuttestock)
August 7th, 2016 - 04:00 GMT

Saudi to use 3D-printing to tackle housing crisis

Operations at Dubai airport are suspended until further notice. (AFP/File) .
August 4th, 2016 - 02:00 GMT

Flights disrupted following Dubai airport accident

By 2030, Saudi Arabia hopes to have employed millions of Saudi nationals in private sector. (File Photo)
August 4th, 2016 - 01:00 GMT

Saudi private sector to employ 4.1m nationals by 2030

Idaho State University. (Twitter)
August 4th, 2016 - 11:00 GMT

US universities to lose over $5M as Saudi students stay away after mistreatment

More than 34,000 km of gas pipelines have so far been laid and a further 1,680 km will be laid in the near future. (File photo)
August 4th, 2016 - 09:00 GMT

Iran plans thousands of miles of gas pipelines nationwide

Construction in Muscat. (AFP/File)
August 4th, 2016 - 07:25 GMT

Oman convention center slated to open in September

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