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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 UAE is keen to support friendly countries in achieving their sustainability and socio-economic agendas.
May 28th, 2017 - 06:19 GMT

Abu Dhabi Fund for Development finances 31 projects in Jordan worth AED5.7 billion

The ceremony, which took place in the Awsaj Academy auditorium, was attended by a number of distinguished guests.
May 28th, 2017 - 06:12 GMT

Awsaj Academy honors class of 2017

During Ramadan Night market in 2016
May 28th, 2017 - 05:58 GMT

Canadian Specialist Hospital Launches Campaign to Support Healthy Fasting and ‘Year of Giving’

The Deloitte app is available for iOS and Android devices and it is broken down into different sections that are easy to navigate.
May 28th, 2017 - 05:43 GMT

Deloitte offers free and interactive VAT app to GCC businesses and individuals

Ramadan for Muslims is much more than a time to abstain from eating, drinking or smoking between sunrise and sunset. (Shutterstock)
May 25th, 2017 - 05:00 GMT

Ramadan 101: Why Do Muslims Fast and 7 Questions You Probably Have Right Now

A Kuwaiti judge (C) and his aides count the ballots at a polling station at the end of the parliamentary elections in the Sabah al-Salem district on the outskirts of Kuwait city on November 26, 2016. (AFP/ Yasser Al-Zayyat)
May 25th, 2017 - 01:00 GMT

Kuwait Announces Plan to ‘Kuwaitize’ Administrative Jobs in Private Sector

The MoU was signed by Ahmad Al Hanandeh, CEO of Zain and Timothy Murphy, General Counsel and Chief Franchise Officer, Mastercard, in the presence of Dr. Ziad Fariz, Governor of the Central Bank of Jordan.
May 25th, 2017 - 12:06 GMT

Zain signs MoU with Mastercard to boost digital payment services in Jordan

Representatives from Etihad Airways, Special Olympics Abu Dhabi 2019 and ADNOC pictured after Etihad Airways was unveiled as the official airline partner of the 2019 Special Olympic World Summer Games in Abu Dhabi.
May 25th, 2017 - 11:53 GMT

Etihad Airways announced as official airline partner of the 2019 Special Olympics World Summer Games

Remarkable leap in crude oil prices are not expected for the rest of 2017. (File photo)
May 25th, 2017 - 11:21 GMT

Oil Prices Won't Be Affected by OPEC Cut Extension: Experts

OPEC members decide to extend the oil production cut. (AFP/ File)
May 25th, 2017 - 10:53 GMT

OPEC Extends Oil Cuts for Another Nine Months

The recognition was based on financial indicators including growth of profit, earnings per share and share price growth.
May 25th, 2017 - 10:44 GMT

Ooredoo named one of Oman’s top 20 companies for 7th year running

The Saudi Ministry of Labor has forced a cleaning and maintenance company to release overdue paychecks to more than 450 male and female workers. (AFP)
May 25th, 2017 - 10:09 GMT

Saudi Arabia: 450 Workers Get Paychecks After Ministry’s Intervention

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