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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 initiative will pay each person SR150,000 (USD40,000) to buy a special car. (Shutterstock)
October 15th, 2015 - 04:12 GMT

Saudi to pay for nearly 6,000 people with disabilities to buy a car

Al Bawaba
October 15th, 2015 - 02:00 GMT

Jordan's private tourism firms eye Russian, MICE markets

Al Bawaba
October 15th, 2015 - 11:00 GMT

Despite construction boom, MENA hotels see reduced occupancy

Al Bawaba
October 15th, 2015 - 10:44 GMT

Indonesia denies domestic worker recall from MENA

Al Bawaba
October 15th, 2015 - 10:16 GMT

Gulf banks back off aircraft financing

Al Bawaba
October 15th, 2015 - 09:35 GMT

Qatar defies oil price slump with salary increases: Hay

Egyptian Financial Minister Hany Kadry Dimian (Al Bawaba/File)
October 14th, 2015 - 07:25 GMT

World Bank to loan Egypt $3B

Al Bawaba
October 14th, 2015 - 07:02 GMT

Yemen's Marib Governate to withhold oil revenues from Houthis

Dr. Siddiqi suggested a ban on smoking shisha in public sector buildings. (Al Bawaba/File)
October 14th, 2015 - 06:24 GMT

Experts call for a 'bad choices' tax on tobacco to improve MENA health

Kuwait plans to build a new refinery near the Saudi border. (Shutterstock)
October 14th, 2015 - 05:56 GMT

Kuwait signs $13.2B contracts for new oil refinery

Al Bawaba
October 14th, 2015 - 05:30 GMT

More workers than jobs in Egyptian agriculture

Al Bawaba
October 14th, 2015 - 02:00 GMT

Favorable outlook for GCC insurance industry with growth forecast at $62.1B by 2020

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