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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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Currently foreigners are only allowed to acquire property in defined tourism communities, but Oman wants to change that. (Pixabay)
May 16th, 2017 - 01:00 GMT

Oman Could Soon Relax Property Buying Rules for Expats: Official

The Chinese government is set to pump in around $40 billion into big development projects in Egypt as part of its ambitious One Belt One Road (OBOR) initiative. (AFP)
May 16th, 2017 - 12:29 GMT

Egypt Announces Heavy Chinese Investments in Vital Projects

An Emirati man with his falcon. (Pixabay)
May 16th, 2017 - 12:02 GMT

UAE’s Non-Oil Growth to Pick Up in 2017: IMF

Kuwait’s oil minister Essam Marzouk has expressed his country’s support for an oil cut deal extension previously agreed by Saudi Arabia and Russia. (AFP/ Yasser Al-Zayyat)
May 16th, 2017 - 11:30 GMT

Kuwait Backs Saudi, Russian Call to Extend Oil Output Cut Into 2018

Kempinski Hotel & Residences Palm Jumeirah
May 16th, 2017 - 09:16 GMT

Kempinski Hotel & Residences Palm Jumeirah celebrates Ramadan traditions

Software AG
May 16th, 2017 - 08:55 GMT

Software AG accelerates growth in its Digital Business

Mr Shadi Bakhour addressing the partners at 'Canon for Business Oman 2017
May 16th, 2017 - 08:45 GMT

Canon unveils ‘Explore, Inspire, Improve’ concept to help Omani businesses realise their hidden potential

Hilton Al Ain
May 16th, 2017 - 08:05 GMT

Hilton Al Ain celebrates Ramadan traditions

ENOC Awards 2017
May 16th, 2017 - 07:42 GMT

ENOC Awards 2017 recognises distinguished and high performing employees

The interior of the new S-Class
May 16th, 2017 - 07:35 GMT

The new S-Class takes Shanghai show by storm

Frida Kleimert, Channel Lead – East Region, Cisco Middle East share her journey with the students at Cisco’s Girls Power Tech
May 16th, 2017 - 07:20 GMT

Cisco encourages female students to pursue careers in technology through its girls power tech program

Huawei and Hamad International Airport(HIA) signed a Memorandum of Understanding (MoU)
May 16th, 2017 - 07:02 GMT

Huawei and Hamad International Airport enter into a strategic partnership for co-innovation

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