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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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Founded in 2007, the Paris-based platform has 14 million monthly users and is available in 180 countries as an app on smartphones, tablets, PCs, home sound systems and connected cars or smart TVs. (Shutterstock)
October 24th, 2018 - 05:54 GMT

Deezer Lands in Dubai, MENA Audiences Gain Access to 53 Million Tracks From Global and Local Artists

The resumption of the rewards will be at the beginning of 2019 and will apply to all government employees, the minister told Al Arabiya News Channel. (AFP/File Photo)
October 24th, 2018 - 05:48 GMT

Saudi Reinstates Bonuses for Public Sector

Israel believes the Palestinian Authority (PA) would respond to such an agreement by further cutting funding to Gaza and stopping the payment to Hamas workers in Gaza. (Shutterstock)
October 24th, 2018 - 05:44 GMT

Report: Qatar to Pick up Gaza's Fuel Bill Under Ceasefire Pact

“In my opinion, this violation has taken place under American pressure on the Saudi rulers.” (AFP)
October 24th, 2018 - 05:39 GMT

Iran Accuses Saudi for Violating OPEC Pact Under US Pressure

Some parents feel that traditional subjects, such as English, maths, science, and history, are not enough to help their children in the "real world". (Shutterstock)
October 24th, 2018 - 05:38 GMT

Parents in UAE Want Their Kids to Learn Life Skills to Face the Real World

The deals were struck across the energy and transportation sectors despite the boycott of the event by several company chiefs following the death of journalist Jamal Khashoggi at the Saudi embassy in Turkey earlier this month. (AN)
October 24th, 2018 - 05:32 GMT

Saudi's FII Lands $50 Billion Worth of Deals, Despite Boycott Over Khashoggi Case

The exhibitions cover 78,413 square metres with over 2,100 exhibitors from 53 countries and in conjunction with the 5th World Green Economy Summit.
October 24th, 2018 - 05:23 GMT

HH Sheikh Hamdan Bin Rashid Al Maktoum Inaugurates Wetex 2018 and Dubai Solar Show

Ms. Noor Al Malki Al Jehani, Executive Director, Doha International Family Institute, delivering the opening remarks at the ‘Parenting, Child Wellbeing and Development’ conference.
October 24th, 2018 - 05:06 GMT

DIFI Conference on ‘Parenting, Child Wellbeing and Development’ Gets Underway in Doha

Being 60 days away from the big change, companies need to fully understand the VAT law and make the necessary changes to comply with the new tax regulations.
October 24th, 2018 - 04:50 GMT

KPMG in Bahrain to Host a Seminar on Bahrain’s VAT Law

20th Water, Energy, Technology, and Environment Exhibition
October 23rd, 2018 - 11:55 GMT

20th Water, Energy, Technology, and Environment Exhibition Attracts Participation of 70 Local and International Companies

The Galaxy Note9 is a perfect example of how changing consumer demands can facilitate elegant solutions
October 23rd, 2018 - 11:50 GMT

Samsung Galaxy Note9: A Story of Everlasting Design Innovation

During the event
October 23rd, 2018 - 11:45 GMT

BisB Partners With AAOIFI – World Bank 13th Annual Conference as a Gold Sponsor

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