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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 5th, 2015 - 08:10 GMT

Egypt: More setbacks for stalled Renaissance Dam project

Al Bawaba
October 4th, 2015 - 07:28 GMT

Egypt throws a punch at Etisalat ad for promoting domestic violence

Al Bawaba
October 4th, 2015 - 06:29 GMT

Wheels that wow will roll up to Riyadh for Luxury Motor Show

Al Bawaba
October 4th, 2015 - 05:23 GMT

Ready set invest! Youth investment camp to begin Monday in Kuwait

Saudi Prince Al Waleed Bin Talal Al Saud is the wealthiest Arab in the world with $22.6 billion. (Al Bawaba/File)
October 4th, 2015 - 04:15 GMT

Where's the wealth? Nearly half of Middle East's ultra wealthy live in Saudi or UAE

Jordan and Lebanon have welcomed 627,287 and 1.183 million Syrian refugees respectively. (File photo)
October 4th, 2015 - 11:00 GMT

Is the GCC simply throwing money at the refugee crisis?

Al Bawaba
October 4th, 2015 - 10:44 GMT

UAE: Sheikh Mohammed launches Global Initiatives foundation with $273M annual budget

Al Bawaba
October 4th, 2015 - 10:04 GMT

Egypt: Siemens to power up $268M of electricity transmission stations

The US suspects Abou Merhi's maritime network to be tied to the Joumaa criminal organization, which has links to Hezbollah. (Shutterstock)
October 4th, 2015 - 06:31 GMT

US charges prominent Lebanese businessman with money laundering, narcotics trafficking

Al Bawaba
October 4th, 2015 - 04:29 GMT

Saudi's maid 'crisis' continues as Mauritania stops flow of outgoing workers

Ahmed al-Asir was detained last month on charges of fighting against the Lebanese army. (AFP/File)
October 2nd, 2015 - 08:12 GMT

Qatar funds education for children of radical anti-Hezbollah cleric’s supporters: report

Al Bawaba
October 2nd, 2015 - 08:06 GMT

Blast damages Egyptian power lines providing Gaza with electricity

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