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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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A Turkish flag pictured in Gaziantep, southeastern Turkey. (AFP Photo/Ozan Kose)
July 25th, 2016 - 01:00 GMT

Turkish Industrialists urge global trust in Turkish economy

There has been an increase in cyber attacks, mainly motivated by corporate espionage. (File photo)
July 25th, 2016 - 12:00 GMT

Mining companies facing heightened cyber security risk

Among Arab investors in Dubai, Jordanians came in first, followed by Egyptians and Lebanese. (File photo)
July 25th, 2016 - 11:00 GMT

With over $353 Million in real estate, Egyptians are Dubai’s second highest Arab investors

Saudi women shopping in one of the country's many malls. (File)
July 25th, 2016 - 09:02 GMT

Saudi shopping study: Night owls are big spenders

Riyadh is one of three cities in Saudi in which only nationals can buy property. (AFP/File)
July 25th, 2016 - 07:00 GMT

Shoura Council: Expats cannot buy property in Mecca, Medina, Riyadh

Solar energy is one form of renewable energy that could bring millions to Egypt's economy. (Shutterstock)
July 25th, 2016 - 04:00 GMT

Tensions increase between Egypt, Italy over renewable energy projects

Fethullah Gulen, currently in the US. (AFP/File)
July 24th, 2016 - 01:00 GMT

In wake of failed coup, Turkey shuts down all Gulen-linked businesses

Dubai is seeing exponential growth in foreigners owning property in the emirate. (AFP/File)
July 24th, 2016 - 12:00 GMT

Saudis, Jordanians top the list of Arab property buyers in Dubai

All Dubai residents must have health insurance by the end of 2016. (Shutterstock)
July 24th, 2016 - 09:00 GMT

Mandatory health insurance required for Dubai residents

The World Bank is offering a series of loans to Jordan. (AFP/File)
July 24th, 2016 - 07:00 GMT

World Bank offers Jordan $1.4B over six years for Syria response

HSBC Switzerland is at the center of an international, multi-billion-dollar scandal. (AFP/File)
July 24th, 2016 - 06:00 GMT

Swiss Leaks revisited: Strong Egyptian presence in banking scandal

Government services are moving online to better understand big data. (Shutterstock)
July 24th, 2016 - 05:00 GMT

Government services increasingly digitized in MENA to collect big data

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