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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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The number of people who visited the Kingdom during the past year (2014) from GCC countries was 11.3 million visitors.
October 26th, 2015 - 06:45 GMT

Gulf tourists spent $6.09 billion in Saudi Arabia last year

Al Bawaba
October 26th, 2015 - 05:35 GMT

Saudia to take 19 aircraft out of service

Emirates NBD launched MePAY, a peer-to-peer payments platform. (Al Bawaba/File)
October 25th, 2015 - 08:53 GMT

UAE banks embrace cutting-edge technology to offer new mobile solutions

Al Bawaba
October 25th, 2015 - 08:07 GMT

Paying it safe: Middle East physical security market to reach $11B by 2020

Al Bawaba
October 25th, 2015 - 07:20 GMT

Egypt's Social Housing Program offers 34,491 new housing units

Emirates airlines carries more passengers than any other airline in the Middle East. (Al Bawaba/File)
October 25th, 2015 - 06:09 GMT

Emirates Group flies above Middle East competitors as region's largest airline

Al Bawaba
October 25th, 2015 - 05:49 GMT

Quality counts: MENA employers using retention to measure quality of hire

Al Bawaba
October 25th, 2015 - 12:48 GMT

Mada founder and journalist arrested for allegedly harming 'Egypt's national security'

The Humanitarian Relief Foundation said it produces about 200,000 loaves of bread a day for Syrians. (AFP/File)
October 25th, 2015 - 10:23 GMT

Turkish aid agency campaigns for flour donations to Syria

Jordan's economy is expected to show down this year, cutting its growth rate from 3.1 percent to 2.5 percent. (AFP/File)
October 25th, 2015 - 10:01 GMT

Jordan’s 2016 budget expects a GDP growth of 3.7 percent

Al Bawaba
October 25th, 2015 - 08:33 GMT

Brotherhood businessman arrested after ‘plotting to smuggle foreign currency’ out of Egypt

Al Bawaba
October 25th, 2015 - 08:01 GMT

Airbnb takes off in the UAE as more visitors look for affordable stays

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