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BUSINESS

BUSINESS latest

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 emirate is introducing new efforts and initiatives to facilitate trade in halal economy sub-sectors. (Shutterstock)
October 31st, 2018 - 08:34 GMT

Dubai Nabs Top Position as Islamic Economy Hub

By 2030, Saudi Arabia is expected to host 2,600 cinema screens that will entertain its growing population. (Shutterstock)
October 31st, 2018 - 08:24 GMT

2,600 Cinema Screens to Add $1.5 Billion Annual Revenue to Saudi Arabia by 2030

Through the decade, the Saudi government has funneled $354 million into 37 different schools across the U.S. (Shutterstock)
October 31st, 2018 - 08:17 GMT

US Schools Deliberating on Their Saudi Funding Post Khashoggi Murder

Saudi Arabia, Bahrain, Egypt and the United Arab Emirates severed political and economic ties with Qatar in June 2017, imposing an unjust siege. (Shutterstock)
October 31st, 2018 - 07:47 GMT

US Puts Pressure on Saudi Arabia to Cease Qatar Blockade, Yemen War

64 aspiring photographs have been shortlisted for this year’s edition by the competition judging panel.
October 31st, 2018 - 07:40 GMT

National Geographic Abu Dhabi in Partnership With Abu Dhabi Media and Al Marai Announce 2018 'Moments' Photography Competition Shortlisted Entries

The public can engage in a diverse range of conversations about world history and culture at Qatar National Library in November.
October 31st, 2018 - 07:34 GMT

World History and Culture Take Center Stage at Qatar National Library in November

During the seminar
October 31st, 2018 - 07:27 GMT

Seatrade Maritime Middle East Seminar Highlights Role of Human Intelligence in Maritime Safety

During the event
October 31st, 2018 - 07:14 GMT

H.E. AbdulAziz Al Ghurair and US Treasury Secretary Discuss US and UAE Financial and Banking Relations

Together with the rest of the guest rooms and suites, the renovation began in early July 2018.
October 31st, 2018 - 06:56 GMT

Four Seasons Hotel Singapore Unveils Luxury Themed Suites

Etisalat first introduced the first generation eSIM technology in May this year for the Apple Watch.
October 31st, 2018 - 06:47 GMT

Etisalat Launches eSIM for iPhone

Mr Ahmad Al Musalmi, CEO of Bank Sohar
October 31st, 2018 - 06:38 GMT

Bank Sohar’s Net Profit Grows by Over 15 Percent in the First Nine Months in 2018

A Season in France
October 31st, 2018 - 06:06 GMT

A Season in France Screens at the Carthage Film Festival JCC

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