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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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Houthi rebels in Yemen. (AFP/File)
April 5th, 2016 - 07:46 GMT

Rise in global military spending driven by Middle East conflicts

Despite incentives offered, the government and local hotel industry was unable to recruit Israelis for the positions. (File photo)
April 5th, 2016 - 05:00 GMT

Israel to hire 500 Jordanian day workers for Eilat hotels

Nearly 14,000 workers on the Mall of Qatar site were evacuated safely. (Twitter)
April 5th, 2016 - 03:56 GMT

Investigation underway into Mall of Qatar fire as construction resumes

Barclays and National Bank of Ras Al Khaimah announced job cuts earlier this year. (Twitter)
April 4th, 2016 - 12:00 GMT

Emirates Islamic Bank to slash 200 jobs

The decision does not apply to cement imported for Gaza projects carried out by UNRWA. (File photo)
April 4th, 2016 - 11:00 GMT

Concrete action: Israel stops cement deliveries to private companies in Gaza

An agreement is expected to be signed with the Jordan Phosphate Mines Co. before the end of June to supply its industrial complex in Aqaba with all its natural gas needs. (Photo courtesy of Jordan Times)
April 4th, 2016 - 10:00 GMT

Jordan looks to natural gas to cut industrial costs

The DCCA replaced Dubai Technology and Media Free Zone Authority in 2014, and is responsible for growing creative industries in the emirate. (Shutterstock)
April 4th, 2016 - 09:38 GMT

Dubai's creative SMEs to get license fee exemptions, discounted visas

Deputy Crown Prince Muhammad Bin Salman meets with Bill Gates in Riyadh, 4 April 2016. (SPA)
April 4th, 2016 - 09:00 GMT

Bill Gates helps launch 'Shaghaf', Saudi's Philanthropic Fellowship Programme

Al Bawaba
April 4th, 2016 - 08:00 GMT

Jordan inaugurates $148M wind power project in Maan

A Palestinian boat made of recycled bottles. (AFP/File)
April 4th, 2016 - 07:10 GMT

Gaza fishing zone extended by nine nautical miles

Passengers leave an EgyptAir Airbus A-320 after it was hijacked after leaving Alexandria for Cairo and diverted to Cyprus on March 29, 2016. (AFP/George Michael)
April 4th, 2016 - 06:36 GMT

What will restore confidence in Egypt's airport security?

11.5 million tax documents leaked from Mossack Fonseca allegedly exposes the secret offshore dealings of world leaders and celebrities. (AFP/Rodrigo Arangua)
April 4th, 2016 - 04:31 GMT

Mubarak, Assad, celebrities allegedly implicated in 'Panama Papers' data leak

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