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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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Red Cross volunteers come from all backgrounds, and because names may give away a person’s religious affiliation, team members instead use nicknames based on a character trait or story. (The Daily Star/ Hasan Chaaban)
October 23rd, 2018 - 06:35 GMT

What It Takes to Become a Red Cross Volunteer

The president pointed to the recent fluctuations in the currency market, saying revenues from exports and the inflow of foreign exchange would be of great help to stabilize the foreign currency market. (Shutterstock)
October 23rd, 2018 - 06:33 GMT

Rouhani Puts All His Trust in Exporters to Counter US Sanctions

The identity of those involved was identified and after searching the vehicle 28,000 narcotic pills were found hidden in the vehicle. (Jordan News Agency)
October 23rd, 2018 - 06:28 GMT

Jordan Foils Drug Smuggling Attempt, Arrests 25 Drug Dealers

Islamic finance has the potential to onboard over a billion new customers through the use of technology, helping attain sustainable and long-term growth. (Shutterstock)
October 23rd, 2018 - 06:23 GMT

Islamic Finance Centre at Bahrain Fintech Bay to Attract 1 Billion Customers

Over 10 million Overseas Filipino Workers are planning to go back to the Philippines upon retirement. (File/AFP)
October 23rd, 2018 - 06:17 GMT

Social Security for Overseas Filipinos to Increase to 15 Percent

Dubai Creek Harbour
October 23rd, 2018 - 06:16 GMT

Emaar: With Iconic Dubai Creek Tower and Dubai Square, Dubai Creek Harbour Set to Record 30 to 40 Percent Uplift in Property Prices

Kuwaiti MP Mohammad Al-Dallal on Sunday called for the need to check the growing numbers of certain expatriate communities, especially the Egyptian and the Filipino communities. (Shutterstock)
October 23rd, 2018 - 06:12 GMT

‘100% Kuwaiti’ Is New Mandate for Public Sector

For now, at least, Nassib’s reopening is good news for Syrian tradesmen forced into costlier, lengthier maritime shipping since 2015. (Shutterstock)
October 23rd, 2018 - 06:08 GMT

With New Border Opening, Damascus Is Willing to Trade

Andrea Forsht, Director Employee Engagement, Mimecast
October 23rd, 2018 - 06:00 GMT

Mimecast Launches Global Citizenship Program to Build Resilience in Communities

A royal decree has been issued to approve the regulation of the “Integrated Logistics Bonded Zone (ILBZ)”. (Shutterstock)
October 23rd, 2018 - 05:58 GMT

Riyadh to House Saudi's First Special Economic Zone

"During his terms, Turkey has seen unprecedented economic growth, constitutional reform, and a re-emergence as a major global power." (Shutterstock)
October 23rd, 2018 - 05:54 GMT

Erdogan Named World's Top Influential Muslim in 2019 List

The Journey has been theatrically released at the Metropolis Empire Sofil Cinema on October 4.
October 23rd, 2018 - 05:52 GMT

Screening of the Journey at the Metropolis Empire Sofil Cinema in Beirut Extends for Two Weeks

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