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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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Ironically, countries that are most threatened by a drop in birth rates such as Hungary are doing their best to keep migrants out. (AFP/File)
September 20th, 2015 - 10:38 GMT

Will migrant influx be a boon for European economies?

Al Bawaba
September 20th, 2015 - 09:49 GMT

Germany grants Jordan $33M soft loan for water resources management

Al Bawaba
September 20th, 2015 - 09:33 GMT

Fatboy alert: Harley Davidson expands in the UAE

Al Bawaba
September 20th, 2015 - 09:16 GMT

Icelandic capital backs down on full-scale Israel boycott

Al Bawaba
September 20th, 2015 - 08:47 GMT

Time for a revamp: 95 percent of Kuwait's private sector jobs filled by expats

An appeals court in the Saudi capital ruled the company responsible for a building collapse after not applying with approved standards. (AFP/Hassan Ammar)
September 17th, 2015 - 04:24 GMT

Saudi concrete company fined $133,000 for Riyadh building collapse

Al Bawaba
September 17th, 2015 - 04:10 GMT

Boeing: US action against Gulf airline carriers unlikely

Al Bawaba
September 17th, 2015 - 04:00 GMT

Lebanese officials scramble to pay bills after ruling to cut their electricity off

The Arab Monetary Fund said Egypt's growth declined by 3 percent in the first quarter. (AFP/File)
September 17th, 2015 - 03:46 GMT

Egypt’s economic growth slows in 2015

Al Bawaba
September 17th, 2015 - 03:36 GMT

Deal with Turkish Airlines may jumpstart tourism to Jordan's Aqaba

Al Bawaba
September 17th, 2015 - 03:07 GMT

Microsoft opens first store in Iran: state news

Al Bawaba
September 17th, 2015 - 02:43 GMT

Palestinian Authority to provide 45,000 low-income families health insurance

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