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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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Macron stressed that it was clear that the journalist, last seen entering the Saudi consulate in Istanbul on October 2, had been assassinated. (AFP)
October 28th, 2018 - 09:49 GMT

Unlike Germany, France to Continue Arms Sales to Saudi Arabia Despite Khashoggi Killing

Khashoggi, a Saudi national and columnist for The Washington Post, was last seen entering the his country's consulate in Istanbul on October 2. (AFP)
October 28th, 2018 - 09:39 GMT

Report: Khashoggi Killing to Have Short Term Impact on Saudi Economic Reform

The project will consist of multiple stages and is said to open by 2022. (Shutterstock)
October 28th, 2018 - 09:27 GMT

Work on Oman’s $130 Million Barka Marina Project Kicks Off

LG has released a range of user-friendly and innovative kitchen products to make its consumers’ kitchens more functional.
October 28th, 2018 - 09:19 GMT

LG’s Focus on Intuitive Design and Efficiency, Develops User-Friendly and Ergonomic Kitchens

Blockchain adoption is accelerating globally and is set to go mainstream becoming a built-in part of technology and business process solutions.
October 28th, 2018 - 08:54 GMT

Fintech Summit in Dubai to Unlock the Benefits of Blockchain

This exhibition aimed to highlight the role of mosques in societies and reveal unique architectural masterpieces in the Arab and Islamic world.
October 28th, 2018 - 08:47 GMT

Dubai Culture Highlights Best Photos of ‘Mosques of the World’ Exhibition

More than 200 young customers enjoyed an evening full of entertainment ranging from music to sports.
October 28th, 2018 - 08:23 GMT

National Bank of Oman Celebrates the Power of Omani Youth

HE Brigadier Eng. Hussein Al Harthi, Director General of Electronic Services at the UAE Ministry of Interior; and Rami Kichli, Vice President, Software AG, Gulf & Levant
October 28th, 2018 - 08:10 GMT

Software AG Signs Partnership Agreements With UAE Ministry of Interior & Rochester Institute of Technology Dubai

Economy Minister Mohammed Al-Tuwaijri with Kirill Dmitriev, Bassem Awadallah and Darren Davis at Thursday’s panel discussion moderated by Frank Kane. (AN photo by Ziyad Alarfaj)
October 28th, 2018 - 08:01 GMT

Saudi Arabia to Privatize These Four Sectors

The country’s non-oil revenues surged by almost half in the third quarter compared to the same time last year. (Shutterstock)
October 28th, 2018 - 07:46 GMT

Saudi's Giga-Projects Buoyed by $60 Billion Worth of Deals at FII

Turkish and Germany energy ministers on Friday signed a letter of intent to develop energy projects. (Shutterstock)
October 28th, 2018 - 07:39 GMT

Germany to Build on Its €25 Billion Energy Investments in Turkey

Spread over an area of over 76 million square meters (818 square feet), the first phase of the airport will serve 90 million passengers. (Anadolu Agency)
October 28th, 2018 - 07:18 GMT

World Leaders to Inaugurate New Istanbul Airport

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