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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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Mohammed Ali Rashed Lootah, CEO of Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy
May 17th, 2017 - 06:22 GMT

Dubai Economy launches ‘Digital Protection’ initiative to certify e-commerce websites

General Electric
May 17th, 2017 - 06:09 GMT

GE appoints KDU as value-added reseller for dynamic positioning systems to enhance marine operational efficiency

Oman Oil Marketing Company - Lubricant Promotion In Al Ashkara
May 17th, 2017 - 05:53 GMT

Oman Oil Marketing Company draws winners of lubricants promotion in Al Ashkara

Panasonic Corporation
May 17th, 2017 - 05:39 GMT

Panasonic launches ‘Breathe Clean’ campaign for Asthma Awareness in the Middle East

Customs officers at Kuala Lumpur International Airport in Malaysia seized 330 endangered tortoises in suitcases that had been packed in cardboard boxes and falsely labeled as "stones". (AFP)
May 16th, 2017 - 07:00 GMT

Etihad Flies 330 Endangered Tortoises From Madagascar to Malaysia in Blatant Wildlife Violation

The majority of Egyptians are investing in real estate as a safe haven against the large changes in the value of the Egyptian pound. (File photo)
May 16th, 2017 - 06:00 GMT

Egyptians Turn to Real Estate, Push Prices Up 50 Percent

Saudi Aramco has appointed a new senior deputy chairman, eight executives and six deputy chairmen ahead of its much- anticipated IPO. (AFP/ File)
May 16th, 2017 - 05:00 GMT

Saudi Aramco Announces Key Appointments Ahead of IPO

15 companies are set to hire in UAE this month including Microsoft, Coca Cola and Facebook. (pexels)
May 16th, 2017 - 04:38 GMT

15 Companies Hiring in UAE in May: Apply Now

The use of mobile wallets as a means of payment will perhaps be the biggest disruption the financial sector in the UAE has ever seen. (Pixabay)
May 16th, 2017 - 04:32 GMT

Has UAE Cracked the Code to the Mobile Wallet?

HTC has officially announced the HTC U11. (Mashable)
May 16th, 2017 - 04:24 GMT

HTC Wants You to Squeeze Its New U11 (Video)

Night shifts dampen men's sex drives and reduce their ability to father children, according to a new study. (Shutterstock)
May 16th, 2017 - 04:00 GMT

Shift Work Linked to Erectile Dysfunction and Lower Sex Drive in Men, Says New Study

Donald Trump Jr. spoke at a graduation ceremony for the American University in Dubai this week. (Facebook)
May 16th, 2017 - 02:16 GMT

Donald Trump Jr. Calls for 'Diversity' at Dubai University Graduation Ceremony

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