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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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Children of Saudi families spend an average of four hours daily on smart devices, according to a recent survey. (Shutterstock)
May 31st, 2017 - 05:00 GMT

Survey: Saudi Children Spend Four Hours Daily on Smart Devices

The US has temporarily stepped back from placing a ban on carry-on computers on flights coming in from Europe. (Shutterstock)
May 31st, 2017 - 02:05 GMT

No Laptop Ban on US Flights From Europe, for Now

Intel's new Compute Card is a fully-functional PC small enough to fit inside your wallet. (Tbreak)
May 31st, 2017 - 12:54 GMT

Intel's Compute Card, a Credit Card-Sized PC, Is Coming in August

Russian President Vladimir Putin (L) with Saudi Deputy Crown Prince Mohammad Bin Salman in Moscow, on May 30, 2017. (Sputnik)
May 31st, 2017 - 11:39 GMT

Russia, Saudi Arabia Discuss Oil, War in Syria on Prince's Visit to Moscow

The Japanese government continued to use almost the same general trade policies,
May 31st, 2017 - 11:02 GMT

UAE, Japan Non-Oil Trade Reaches $14.6bn in 2016

Jamal H. Iqbal, Director - Brand Outreach at C&B
May 31st, 2017 - 10:53 GMT

Cicero & Bernay Launches ‘See & Be’

Amazon’s share price briefly crossed the $1,000 mark this week for the first time in its 20-year history as a publicly-traded company. (Pixabay)
May 31st, 2017 - 10:34 GMT

Investors Rejoice as Amazon Hits $1,000 a Share

During the event
May 31st, 2017 - 10:11 GMT

Ooredoo Joins Dar Al Atta’a for the 18th Annual Small and Medium Entrepreneurs Forum

Ziyad Bin Mahfouz, CEO of Elaf Group
May 31st, 2017 - 10:05 GMT

Elaf Group Expands Presence in the KSA With Coming Opening of New 5-Star Hotel in Jeddah

Since the end of last year, the commercial sector has run several marketing campaigns and promotions that greatly influenced the public all over the world.
May 31st, 2017 - 10:02 GMT

RJ Achieves Positive Operational Results in the First Four Months This Year

Dubai International Airport
May 31st, 2017 - 10:01 GMT

New Sleep Lounge Opened at Dubai Airport’s Terminal 3

Mohamed Almulla, DXB Entertainments new CEO
May 31st, 2017 - 09:58 GMT

Dubai Parks and Resorts Operator Appoints New CEO

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