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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 deserted street in downtown Beirut. (Wikimedia Commons)
March 31st, 2016 - 11:00 GMT

Lebanon: Consumer confidence at lowest level since 2014

The project’s key features include the 5,000 metre aquarium, a 98 berth marina suitable for mini yachts, cafes, restaurants, and three or four stories of furnished apartments available for rent. (WAM)
March 31st, 2016 - 10:00 GMT

Al Barakah's $230M Al Qana complex will house 'UAE's largest aquarium'

Al Bawaba
March 31st, 2016 - 09:00 GMT

GFH on board for London's No 1 Palace Street development

Al Udeid Air Base in Qatar is the largest US air base in the Middle East. (Wikipedia)
March 31st, 2016 - 08:00 GMT

First Turkish military base in Qatar to be ready by 2018

Dubai International Airport has been the world's busiest airport since 2014, overtaking London Heathrow.  (Twitter)
March 31st, 2016 - 07:00 GMT

Dubai to introduce airport departure tax from July 1

Amnesty alleges that migrant workers have had passports confiscated by employers. (File photo)
March 31st, 2016 - 05:32 GMT

Latest Amnesty International report slams Qatar again for migrant worker abuses

IPG plans to increase output from Al Risheh from 50 million cubic feet per day to 300 million. (Shutterstock)
March 30th, 2016 - 01:00 GMT

Jordan, UK's IPG sign oil and gas exploration deal

The proposed project was to be built in Shinas province, on the northwestern coast of Oman. (Pixabay)
March 30th, 2016 - 12:00 GMT

Oman Oasis is a mirage: $6B tourist project does not exist

Over the past year, UAE banks have been hit by a spate of defaults.  (Twitter)
March 30th, 2016 - 11:00 GMT

New UAE bank action to give 'breathing space' to SMEs in debt

Moody's said Oman currently has the highest subsidies for residential consumers of electricity and Dubai has the lowest based on the actual cost per kilowatt hour (kWh). (File photo)
March 30th, 2016 - 10:00 GMT

GCC subsidy reform will strengthen utility sector's credit: Moody's

The Embraer EMB 314 Super Tucano or A-29 is a turboprop aircraft is used for pilot training, light attack, counter insurgency, close air support, and aerial reconnaissance missions. (Wikipedia)
March 30th, 2016 - 09:00 GMT

Lebanon to receive six US aircraft originally part of canceled Saudi deal

Nasser A. Alsowaidi and Samir Brikho at a meeting of The UAE-UK Business Council in Abu Dhabi last December.  (File photo)
March 30th, 2016 - 08:00 GMT

UAE, UK set ambitious new bilateral trade goal of $35B by 2020

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