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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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From a civil aviation perspective, drones are key to promoting the Dubai Smart Government Vision, and the DCAA are ensuring flight safety of Dubai's airspace. (Shutterstock)
July 18th, 2016 - 12:00 GMT

Dubai launches trading platform for drones

Qatar emerged as one of the prominent markets for passenger car aftermarket components among the GCC nations. (File photo)
July 18th, 2016 - 11:00 GMT

Qatar's growing demand for cars will fuel $195M spare parts market by 2021

APICORP Headquarters in Dammam, Saudi Arabia. (Trade Arabia)
July 18th, 2016 - 10:00 GMT

Apicorp, Al Bahari set up $1.5B oil investment fund

Pro-Erdogan supporters celebrate in Ankara on July 17, 2016 following the failed coup attempt. (AFP/Adem Altan)
July 18th, 2016 - 09:00 GMT

Devaluation, shaken investors, tourism slump: Will the Turkish economy follow Egypt's fate?

UAE property prices are considerably cheaper than in other leading cities in the world and have dropped significantly since mid-2014. (Shutterstock)
July 18th, 2016 - 08:00 GMT

Only 30 percent of UAE residents own homes, citing affordability concerns

RWE operates in concession areas at the Red Sea’s Gabal El-Zeit, Ras Gharib, Ras Badran in Abordes in South Sinai, and Desouk in Kafr El-Sheikh. (File photo)
July 18th, 2016 - 07:00 GMT

Egypt: $400M oil ministry debt behind unpaid salaries at Germany's RWE

Cost competitiveness has improved in recent decades, allowing nuclear technology to become a serious component of energy diversification strategies. (File photo)
July 18th, 2016 - 06:00 GMT

Fiscal constraints hamper nuclear energy projects in MENA: Apicorp

The emirate’s flagship urban project, Dubai South is conceptualised to manifest the themes of happiness as set out in the Dubai Plan 2021. (Trade Arabia)
July 18th, 2016 - 05:00 GMT

Dubai South dishes out $272M in Residential District contracts

Qatar Airways confirmed that its flights are operating as scheduled to both of Istanbul's airports. (File photo)
July 18th, 2016 - 04:00 GMT

Gulf airlines resume flights to Turkey following failed coup

A spokesman from the Greater Amman Municipality’s (GAM) traffic department claims the Uber app affects the flow of work for other means of transport. (File photo)
July 17th, 2016 - 12:00 GMT

Uber drivers in Jordan risk fines, seized vehicles

The International Finance Corporation sees great opportunities for Jordan to ramp up private sector participation in its economy. (Shutterstock)
July 17th, 2016 - 11:00 GMT

World Bank unveils ambitious five-year support program for Jordan

Despite negative elements, Moody’s noted that the private equity of Lebanese banks will remain stable in general. (File photo)
July 17th, 2016 - 09:18 GMT

Growing public debt in Lebanon major source of credit risk: Moody's

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