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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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The gas outline agreement will be delayed at least two months as it goes back to battle in the Knesset. (File photo)
March 28th, 2016 - 01:12 GMT

Israel's High Court mows down Leviathan natural gas development framework

33 percent of the economic crimes were found to have been 'inside jobs'. (File photo)
March 28th, 2016 - 12:00 GMT

These are the most common financial crimes in MENA

Batman: The Ride, the world’s first suspended outside-looping roller coaster  at the Six Flags Great America theme park in Chicago. (Wikipedia)
March 28th, 2016 - 11:00 GMT

Financing for more fun: Dubai Parks & Resorts seeks funding for Six Flags theme park

The 100,000 houses and city infrastructure will be built in Alfursan, near Riyadh International Airport. (Aleqt)
March 28th, 2016 - 10:00 GMT

Daewoo, Korean consortium win $20B contract for construction of 100,000 Saudi homes

RAK and Abu Dhabi are seeking to attract Chinese tourists from Beijing, Shanghai, Shenzhen, and Guangzhou. (Twitter)
March 28th, 2016 - 09:00 GMT

Abu Dhabi and RAK tourism roadshow heads to China

Turkish Prime Minister Ahmet Davutoglu met with Jordan's King Abdullah II on Sunday 27 March 2016. (Instagram/Royal Hashemite Court)
March 28th, 2016 - 08:00 GMT

Turkey's Anadolu Agency and Jordan's Petra News Agency sign new deal

Egypt, which relies heavily on imports, has been facing a dollar shortage since a popular uprising in 2011 drove away tourists and foreign investors, both major sources of hard currency.  (File photo)
March 28th, 2016 - 07:00 GMT

More aggressive action: Egypt's Central Bank releases $22B to clear goods blocked at ports

UN Secretary General Ban Ki-Moon (C-L) and World Bank President Jim Yong Kim (L) meet with Jordan's King Abdullah and Queen Rania (R) at the Royal Palace in Amman on March 27, 2016. (AFP/Khalil Mazraawi)
March 28th, 2016 - 05:11 GMT

World Bank announces $100M interest-free loan to Jordan

The GCC Supreme Council has passed a resolution in favor of equal treatment of students in terms of admission and treatment, research, Arabization integration and students’ joint activities. (Twitter)
March 27th, 2016 - 02:00 GMT

GCC votes in favor of uniform university admissions

US Republican presidential hopeful Donald Trump addresses the American Israel Public Affairs Committee (AIPAC) 2016 Policy Conference at the Verizon Center in Washington, DC, March 21, 2016.  (AFP/Saul Loeb)
March 27th, 2016 - 01:21 GMT

'No oil from Saudi without ground troops commitment': Trump

The UAE has been ranked 1st in the Middle East and North Africa for electricity porovision for the third consecutive year in a row. (File photo)
March 27th, 2016 - 12:19 GMT

Dubai to build 64 new power stations in next three years

The job losses could happen as early as next week, according to an Al Jazeera manager.  (Erem)
March 27th, 2016 - 12:02 GMT

Al Jazeera announces plans to cut 500 jobs

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