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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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May 31st, 2017 - 09:42 GMT

Dubai’s DEWA Awards Dhs798m Power Plant Contract to Spanish Firm

Rashed Al Blooshi, ADX Chief Executive
May 31st, 2017 - 09:32 GMT

ADX Runs 6 Annual General Meetings (AGM) Through Blockchain Technology

The wind farm is expected to generate around 50 megawatt electricity from its planned farm at Harweel in Dhofar. (Pixabay)
May 31st, 2017 - 09:28 GMT

Oman to Launch Its First Large-Scale Wind Farm in 2020

Professor Alexander Knuth, Medical Director and CEO of HMC’s National Center
May 31st, 2017 - 08:42 GMT

HMC Joins International Community in Honoring Cancer Survivors

With a global launch of the N brand planned for autumn, the two cars completed a total of 240 laps, covering 6,000km at racing speeds.
May 31st, 2017 - 08:42 GMT

Hyundai High-Performance Prototypes Prove Themselves in the Nürburgring 24-Hour Endurance Race

During the event
May 31st, 2017 - 08:11 GMT

DMCA’s Achievements and Maritime Dubai Initiative Draw Attention of International Maritime Leaders at Nor-Shipping 2017

The airline took the delivery of its 30th Boeing 777-300ER that welcomed with a traditional water salute.
May 31st, 2017 - 07:57 GMT

Turkish Airlines Receives Its 30th 777-300ER From Boeing

Sultan Ahmed bin Sulayem, Group Chairman and CEO DP World
May 31st, 2017 - 07:49 GMT

122 new companies from 33 countries set up in Jafza during Q1 2017

The station is equipped with a floating dock and flood spot lights to help provide a secure and efficient night-time service.
May 31st, 2017 - 07:26 GMT

ADNOC Distribution opens two new service stations in Abu Dhabi and Ras Al Khaimah

Mathias Johansson, new Head of Global Customer Unit and Head of Ericsson Saudi Arabia and Egypt
May 31st, 2017 - 07:17 GMT

Ericsson Appoints Mathias Johansson to Head Global Customer Unit, Saudi Arabia and Egypt

Al Zarouni stressed that the agreement signed between MOHAP and Roche aims to support the UAE’s medical system.
May 31st, 2017 - 07:14 GMT

UAE Ministry of Health and Roche Pharmaceutical Agree to Strengthen Strategic Drug Stockpile

UAE Ministry of Economy
May 31st, 2017 - 06:45 GMT

UAE Ministry of Economy issues report covering a review on Japan’s trade policy

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