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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
October 29th, 2015 - 01:00 GMT

Qatar continues Big Apple onslaught with stake in Manhattan West mega-development

The Moody's report is echoed by Standard & Poor, who predict that lower oil prices will start to weigh on Saudi Arabian banks. (File photo)
October 29th, 2015 - 11:30 GMT

Saudi spending cuts will impact banks: Moody's

Al Bawaba
October 29th, 2015 - 09:30 GMT

Not about the money: Egypt's economic headaches go beyond foreign currency woes

Al Bawaba
October 29th, 2015 - 07:41 GMT

World Bank 'Doing Business' report: what does Lebanon's ranking say about the business climate?

Economic, political, and societal rehabilitation is an essential first process for Yemen to undertake after the war. (Al Bawaba/File)
October 28th, 2015 - 09:13 GMT

Opinion: Should Yemen join the GCC once the war ends?

Al Bawaba
October 28th, 2015 - 08:58 GMT

Kuwait holds conference on SMEs in the Arab world

Al Bawaba
October 28th, 2015 - 08:44 GMT

Etihad lets customers pay for flights in cash from home

Al Bawaba
October 28th, 2015 - 03:38 GMT

MENA health care summit emphasizes innovation

Al Bawaba
October 28th, 2015 - 02:00 GMT

Etihad-Air Berlin codesharing deal goes to German court

Al Bawaba
October 28th, 2015 - 12:30 GMT

Jordan's community colleges in crisis as student numbers plummet

Al Bawaba
October 28th, 2015 - 11:00 GMT

Kuwait Airways begins expansion as vote over privatization nears

Al Bawaba
October 28th, 2015 - 08:50 GMT

New imports to break fuel monopoly in Jordan

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