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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 country's budget revenues rose 19.5% to hit $116.1 billion year-on-year in Jan.-Sept.
October 16th, 2019 - 08:30 GMT

Turkey’s Budget Posts $15.3 Billion Deficit Within 9 Months

Arif Amiri - CEO of DIFC Authority.
October 16th, 2019 - 08:14 GMT

Dubai International Financial Centre Records a 45% Rise in Islamic Assets, Marking Significant Year-On-Year Growth

The IMF expects a slight rebound in 2020 but warns of threats ranging from heightened political tensions in the Middle East
October 16th, 2019 - 08:00 GMT

IMF Projects Jordan’s Economy to Grow by 2.2 Percent

During the event
October 16th, 2019 - 07:55 GMT

du Empowers UAE Businesses’ Digital Journeys With Seamless Multi-Cloud Workload Protection Service

The UAE Central Bank, last month, revised the country's forecast upward by 0.4 per cent to 2.4 per cent for 2019
October 16th, 2019 - 07:30 GMT

IMF Slashes UAE’s Growth Outlook to 1.6 Percent

HUAWEI WATCH GT 2.
October 16th, 2019 - 07:21 GMT

Huawei Launches Pre-Orders for the Watch GT 2

During the event
October 16th, 2019 - 07:12 GMT

LG Gulf Collaborates With Special Needs Future Development Center

The UAE, specifically Dubai, is expected to welcome approximately 25 million visitors between October 2020 and April 2021
October 16th, 2019 - 07:00 GMT

UAE: Online Hiring in Hospitality Sector Soars by 37 Percent From Q3 2018

These SME businesses account for 42% of the workforce and contribute around 40% to the total value add generated in Dubai’s economy.
October 16th, 2019 - 06:58 GMT

Five Reasons Why Insurance for SMEs Is Critical

During the event
October 16th, 2019 - 06:43 GMT

Bahri’s Unrivaled Maritime Capabilities in the Spotlight at Saudi Logistics Conference 2019

The millers’ decision to hold a strike on Monday as extortion of the Lebanese citizens.
October 16th, 2019 - 06:35 GMT

Bakeries Suspend Strike After Promises to Resolve Dollar Crisis in Lebanon

Jochem-Jan Sleiffer
October 16th, 2019 - 06:21 GMT

Hilton Announces New Leadership for Middle East, Africa & Turkey Region

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