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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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Al Bawaba
November 22nd, 2015 - 08:48 GMT

Saudi Arabia's new land tax aims to break real estate investors' monopoly

Al Bawaba
November 22nd, 2015 - 06:35 GMT

EgyptAir bans transport of commodities on commercial flights: air cargo industry to suffer

Al Bawaba
November 22nd, 2015 - 06:03 GMT

And they're off, again: Renaissance Dam talks postponed amid strained Egyptian-Sudanese relations

Al Bawaba
November 22nd, 2015 - 05:48 GMT

German department store pulls Israeli settlement products off shelves

Al Bawaba
November 19th, 2015 - 10:30 GMT

Forbes chose the top 100 execs in MENA and 93 have regional HQ in the UAE

Al Bawaba
November 19th, 2015 - 09:57 GMT

Riyadh is reading in style! International architecture award crowns King Fahad National Library

Al Bawaba
November 19th, 2015 - 06:12 GMT

UAE may be favorite, but there's opportunity in markets throughout GCC

Al Bawaba
November 19th, 2015 - 04:41 GMT

Three cheers for 3G! Palestinians to finally gain access to 3G mobile service

Al Bawaba
November 19th, 2015 - 02:00 GMT

Dubai's sporting industry is worth over $1.7B: Deloitte

Al Bawaba
November 19th, 2015 - 01:30 GMT

UAE optimistic about $60 oil price by 2016, defends OPEC's position not to cut production

Al Bawaba
November 19th, 2015 - 01:00 GMT

Emerging markets must optimize legal conditions for Islamic finance: World Bank

Al Bawaba
November 19th, 2015 - 11:00 GMT

Saudi Arabia's poorly maintained dams threaten citizens: environmental expert

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