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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 4th, 2015 - 01:00 GMT

Lebanon: public sector strike shuts schools

The funding will support both large developers and small-scale generation in communities. (File photo)
November 4th, 2015 - 12:00 GMT

EBRD to fund $250M in renewable energy projects in Morocco, Egypt, Tunisia and Jordan

Al Bawaba
November 4th, 2015 - 11:00 GMT

Malaysia's Maybank exploring sukuk opportunities in GCC

Al Bawaba
November 4th, 2015 - 10:00 GMT

AccorHotels expands in Saudi Arabia with 15 Adagio aparthotels

The report findings suggest that a lack of transparency, nepotism and corruption cast a shadow on rising defense budgets in the region. (AFP/File)
November 4th, 2015 - 08:45 GMT

Defense, security industries at highest risk for corruption in 11 MENA countries: Transparency International

Al Bawaba
November 4th, 2015 - 07:30 GMT

20th Century Fox World to rival Dubai Parks in new theme park deal with Al Ahli

Al Bawaba
November 4th, 2015 - 06:32 GMT

Jordan hikes fixed water charges by nearly 100 percent

Al Bawaba
November 3rd, 2015 - 11:33 GMT

GCC's eGovernment conference to be held in Bahrain

Al Bawaba
November 3rd, 2015 - 11:15 GMT

Iraq offers Lebanon investment opportunities

Al Bawaba
November 3rd, 2015 - 10:38 GMT

World Bank's MENA expert offers explanation for decline of Arab economies

Lockheed Martin will partner with Exechon Enterprises and Injaz National. (AFP/Eric Piermont)
November 3rd, 2015 - 09:27 GMT

Lockheed Martin, others to form UAE engineering and manufacturing center

Al Bawaba
November 3rd, 2015 - 01:00 GMT

Taxi app Uber announces $250M investment to expand in MENA

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