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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 14th, 2015 - 01:00 GMT

Iraq: Petrofac lands multi-million dollar training contract with Shell

French Prime Minister Manuel Valls (L) and Saudi Defence Minister Mohammed bin Salman (R) arrive for a meeting in Riyadh on October 13, 2015. (AFP/ Kenzo Tribouillard)
October 14th, 2015 - 12:05 GMT

Saudi Arabia signs $11.4B in deals with France

Al Bawaba
October 14th, 2015 - 11:24 GMT

US chain 7-Eleven opens first store in Dubai, expansion planned

Al Bawaba
October 14th, 2015 - 08:41 GMT

GCC banks under pressure to improve digital services: report

Al Bawaba
October 13th, 2015 - 07:33 GMT

New Iraqi airline FlyBaghdad wants to land in Dubai, Europe

Fransabank Group President Adnan Kassar emphasized Lebanon's unique cultural and historical sites. He said he hopes the initiative will "attract the most important tourists in the world, the Chinese." (Al Bawaba/File)
October 13th, 2015 - 07:06 GMT

Lebanon says 'ahlan wa sahlan' to Chinese tourists

The loan will be used to improve the efficiency of Jordan's water and energy sectors. (Al Bawaba/File)
October 13th, 2015 - 06:46 GMT

World Bank grants Jordan $250M soft loan

Al Bawaba
October 13th, 2015 - 06:27 GMT

Etihad signs high-flying $700M deal with IBM

Al Bawaba
October 13th, 2015 - 02:57 GMT

Got a need for speed? Hyperloop says travel from Dubai to Abu Dhabi in 15 minutes possible by 2020

Al Bawaba
October 13th, 2015 - 01:00 GMT

Recycling your old mobile phone in the UAE? There's an app for that

Al Bawaba
October 13th, 2015 - 11:00 GMT

Qatar: Oberoi Group announces takeover of two luxury Doha hotels

Eni has been operational in Egypt since 1954. (File photo)
October 13th, 2015 - 09:01 GMT

Egypt: Eni digs in deep offshore with more concessions awarded

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