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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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Saudi Arabia
July 4th, 2024 - 06:07 GMT

Tourists’ spending in Saudi Arabia rises by 23%, up to $12bn

Bank ABC Group publishes inaugural report disclosing excellent progress on sustainable financing and environmental impact
July 4th, 2024 - 06:06 GMT

Bank ABC Group publishes inaugural report disclosing excellent progress on sustainable financing and environmental impact

Elon Musk gained $30 billion, which keeps him again the world’s richest person in 2024
July 4th, 2024 - 06:00 GMT
Reema Tuqan

Elon Musk world's richest man again after earning $30 billion

BYD beats Tesla as top selling EV maker
July 3rd, 2024 - 07:38 GMT

BYD beats Tesla as top selling EV maker

AI raises Google's carbon emissions 50%, stalling 2030 green plan
July 3rd, 2024 - 06:15 GMT

AI raises Google's carbon emissions 50%, stalling 2030 green plan

carbon
July 3rd, 2024 - 02:12 GMT

Global carbon's credit market to reach $100bn by 2035

Portugal
July 3rd, 2024 - 12:12 GMT

Portugal's economy expected to grow by 2% in 2024

prices
July 3rd, 2024 - 10:42 GMT

US sees weakest selling prices gain so far this year in June

KIB announces winners of Al Dirwaza account’s monthly and weekly draw
July 3rd, 2024 - 10:05 GMT

KIB announces winners of Al Dirwaza account’s monthly and weekly draw

Burgan Bank Launches WAMD Instant Payment Service
July 3rd, 2024 - 10:00 GMT

Burgan Bank Launches WAMD Instant Payment Service

The reason behind robot’s suicide in South Korea revealed
July 3rd, 2024 - 09:43 GMT
Reema Tuqan

Work pressure! Reason behind robot’s suicide in South Korea revealed

Saudi Arabia to transform 3M tonnes of waste into fuel annually under new agreement
July 3rd, 2024 - 09:36 GMT

Saudi Arabia to transform 3M tonnes of waste into fuel

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