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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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Saudi Vision 2030 was announced in April focusing on economic diversification and attracting foreign investment. (AFP/File)
July 28th, 2016 - 12:00 GMT

Saudi Vision 2030 expected to reinvigorate Jeddah and Riyadh real estate markets

With the Kingdom's recent stability, JSF expects next year’s economic conditions to be better than this year’s. (Shutterstock)
July 28th, 2016 - 11:00 GMT

Jordan foresees improved economic conditions for 2017

The UAE is well prepared to be crowned as a fun destination in the Mena region. (File photo)
July 28th, 2016 - 10:00 GMT

UAE to become top leisure destination in the Middle East

Careem has brought a new fleet of specially-adapted vehicles into its network and modified its reservation system. (File photo)
July 28th, 2016 - 07:00 GMT

Careem launches service for disabled travelers in Saudi

Etisalat reported earnings of $626 Million in the second quarter of 2016. (File photo)
July 28th, 2016 - 06:00 GMT

Etisalat profits jump by 51 percent

Fresh grads in the UAE want to feel passionate about their job, while nearly 10 percent said they didn't know what salary to expect at their first job. (Shutterstock)
July 28th, 2016 - 04:58 GMT

For UAE grads, passion for the job comes before salary

Failures make for better leaders, says Emaar Properties chairman Mohamed Alabbar. (File photo)
July 28th, 2016 - 04:00 GMT

Alabbar Enterprises buy over $100 million worth of stakes in Aramex

A Saudi woman looks at her mobile as she walks through a coffee shop. (AFP/File)
July 27th, 2016 - 03:00 GMT

Forty percent of mobile stores fall short of ‘Saudization’ plan

Tourists stand in front of the Royal Opera House in Omani capital Muscat. (AFP/File)
July 27th, 2016 - 02:00 GMT

Oman gets the Royal go ahead on plan to diversify economy

Tunisia and Morocco are building their economic partnership. (Al Bawaba)
July 27th, 2016 - 11:00 GMT

Tunisian, Moroccan Chambers of Commerce meet to discuss economic partnership

Gulf carriers Emirates, Etihad, and Qatar Airways have denied claims by US carriers that they were unfairly subsidized. (File photo)
July 27th, 2016 - 10:00 GMT

Open skies row over competition between US, Gulf airlines to see further discussion

Dubai's shipping cargo has declined for third consecutive quater. (File photo)
July 27th, 2016 - 09:00 GMT

Dubai’s shipping volumes continue to fall

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