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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 10th, 2015 - 05:00 GMT

Oman to cut costs in response to low oil prices

ArabiaWeather serves 35 million customers in the GCC. (YouTube)
November 10th, 2015 - 04:38 GMT

ArabiaWeather announces sunny funding round of $5M

Al Bawaba
November 10th, 2015 - 01:30 GMT

Dubai Airshow inks nearly $30B in deals

Al Bawaba
November 10th, 2015 - 01:10 GMT

'At least two weeks to reconfirm Egypt airport security': Russia

Al Bawaba
November 10th, 2015 - 10:00 GMT

GCC must focus on private sector, job creation: IMF

Al Bawaba
November 10th, 2015 - 08:30 GMT

Egypt's stock exchange tumbles under pressure

Al Bawaba
November 10th, 2015 - 07:00 GMT

Trade with South America up by 156 percent: Arab-South American Summit

Al Bawaba
November 10th, 2015 - 05:08 GMT

Oil production and prices in the spotlight at ADIPEC

Al Bawaba
November 9th, 2015 - 07:19 GMT

As healthcare advances, MENA experts discuss keeping up, regional challenges

Al Bawaba
November 9th, 2015 - 06:51 GMT

Emirates, GE Aviation sign $16B deal for aircraft engine maintenance

Last month, BAE Systems inked a £5.8B deal to sell Eurofighter Typhoon combat jets to Kuwait. (File photo)
November 9th, 2015 - 03:00 GMT

UK defense firms court GCC customers, but low oil bites

Al Bawaba
November 9th, 2015 - 02:30 GMT

Pass financial compliance bills or risk international blacklist: Lebanon's SIC

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