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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 awards recognize new products that exhibit outstanding design and innovative features.
May 31st, 2017 - 06:31 GMT

ASUS wins 20 awards at Computex 2017

A bonus for shoppers participating in the campaign at City Centre Deira will receive free parking every day from 10am – 6pm.
May 31st, 2017 - 06:22 GMT

Mall of the Emirates and City Centres host memorable family moments to mark Ramadan

The inauguration of the Cinema for All project comes in line with the RFC's efforts to present cinematic events for various segments of the society around the country.
May 31st, 2017 - 06:03 GMT

Jordan's Royal Film Commission Launches Cinema for All Project in Correctional and Rehabilitation Centers

Downtown Dubai
May 31st, 2017 - 05:36 GMT

Emaar marks the Holy Month of Ramadan with innovative social campaign #BuildingCommunities

Ooredoo held an Iftar feast for the children of the Kuwait Down Syndrome Center.
May 31st, 2017 - 03:40 GMT

Ooredoo delivers meals to the needy across Kuwait

Sudan has banned all agricultural and animal product imports from Egypt amid growing tensions between the two countries. (Gianluigi Guercia/ AFP)
May 30th, 2017 - 08:00 GMT

Sudan Bans Egypt's Imports Amid Growing Tensions

The European Union has announced the extension of sanctions against Syrian authorities until June 1, 2018. (Daniel Leal-Olivas/ AFP)
May 30th, 2017 - 07:00 GMT

EU Extends Sanctions Against Syria to June 2018

Global trade is expected to recover in 2017 as the factors that drove the slowdown have gone into reverse. (Pixabay)
May 30th, 2017 - 06:00 GMT

Global Trade Expected to Recover in 2017, After a Sad 2016

The UAE Ministry of Energy on Sunday announced new fuel prices for June. (Piixabay)
May 30th, 2017 - 05:38 GMT

UAE Announces New Fuel Prices for June

We still don't know when the Samsung Galaxy J5 and J7 will come out, but with leaks arriving fast, it could be soon. (Tbreak)
May 30th, 2017 - 05:31 GMT

Russian Website Leaks Specs for Samsung Galaxy J5 and J7

The Ministry of Commerce and Investment announced the closure of a factory in Buraidah for refilling Zamzam water bottles with normal water. (The Saudi Gazette)
May 30th, 2017 - 05:23 GMT

Beware of Fake Zamzam Water, Warns Saudi Arabia!

Due to be implemented on 1 January 2018, IFRS 9 requires banks to take a more forward-looking approach to provisioning. (AFP)
May 30th, 2017 - 05:00 GMT

Impact of IFRS 9 on GCC Banks Will Be ‘Manageable’: S&P

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