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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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Al Bawaba
June 10th, 2012 - 08:57 GMT

Kia Motors posts 15.5% global sales growth in May

Global airline industry profits halved in 2011 to $7.9 billion and are expected to halve again this year
June 10th, 2012 - 08:51 GMT

Looming economic catastrophe buries positive impact of cheaper oil

Al Bawaba
June 10th, 2012 - 08:44 GMT

UAE smelters on show at aluminium summit in USA

During the signing ceremony
June 10th, 2012 - 08:34 GMT

du signs strategic partnership agreement with Sharjah Directorate of Town Planning and Survey

During Cycle for green campaign
June 10th, 2012 - 07:19 GMT

ACT marks World Environment Day with the launch of the “Cycle for green” campaign

The economies of both countries have been severely affected by the stoppage
June 10th, 2012 - 07:15 GMT

South Sudan's economy pays the price of independence

Al Bawaba
June 10th, 2012 - 06:15 GMT

Samsung Electronics Levant launches its new smart TV

Andre Al Sayegh, CEO of FGB, Karim Karoui, Chief Financial Officer, First Gulf Bank, and Clive Horwood, Editor of Euromoney
June 10th, 2012 - 05:58 GMT

First Gulf Bank is the “Best Bank in the UAE” as announced by Euromoney

Al Bawaba
June 10th, 2012 - 05:53 GMT

Omanoil partners with Oman Green Awards 2012 to honor outstanding environmental conservation practices

Sultan Ahmed Al Jaber, Managing Director and CEO of Masdar and Director General of the Zayed Future Energy Prize
June 10th, 2012 - 05:46 GMT

Masdar hosts CDP carbon reporting awareness sessions in the UAE

Al Bawaba
June 10th, 2012 - 05:44 GMT

Qatar Philharmonic Orchestra plays in harmony to unite cultures for worthy cause

During the event
June 10th, 2012 - 05:38 GMT

GE Lighting showcases modern energy-efficient lighting systems in Riyadh

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