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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 12th, 2015 - 11:56 GMT

Majid Al Futtaim unveils $91M City Centre Muscat redevelopment

Al Bawaba
November 12th, 2015 - 11:39 GMT

Saudi Arabia's telecom operators join forces to block free internet-based calls

Al Bawaba
November 12th, 2015 - 11:24 GMT

Dubai Airshow expected to register $100B in sales on closing day

Al Bawaba
November 12th, 2015 - 09:00 GMT

EU settlement product label guidelines: Israel cites Western Sahara, Tibet in defense

Al Bawaba
November 12th, 2015 - 08:00 GMT

Omanis victorious in battle against poor telecom service

Al Bawaba
November 12th, 2015 - 06:55 GMT

Egypt's tourism investors request special financial measures

Al Bawaba
November 12th, 2015 - 06:22 GMT

Saudi Arabia's Alpha Star Aviation to quadruple fleet by 2017

Lebanon has spent only 4 percent of its budget over twenty years on infrastructure projects, which has resulted in a deterioration of services. (File photo)
November 12th, 2015 - 05:33 GMT

Lebanon appeals to private sector to meet $6.2B of infrastructure needs

Al Bawaba
November 11th, 2015 - 10:26 GMT

There's a tax for that! GCC countries look to increase scope of taxable business activity

Subject to approval, the PBE unit will be rebranded ABK Egypt. (Gold News)
November 11th, 2015 - 02:00 GMT

Kuwait's Al Ahli Bank acquires Piraeus Bank Egypt for $150M

Al Bawaba
November 11th, 2015 - 01:30 GMT

Israel fumes as EU approves guidelines on settlement goods labeling

More testing and adequate training are among the new recommendations from Saudi's Civil Defense Department. (AFP/File)
November 11th, 2015 - 01:00 GMT

Saudi Arabia announces new safety regulations following Mecca crane tragedy

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