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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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Multibillion-dollar spending plans for social housing, infrastructure or tourism were supported by a resurgent oil price, with Brent averaging $107 a barrel last year, according to calculations by Reuters
June 7th, 2012 - 02:00 GMT

Additional oil output, lower oil price, different break-even points

Algeria needs to import large quantities of refined fuel products such as gasoline and gasoil due to insufficient refining capacity
June 7th, 2012 - 11:22 GMT

Algeria tries to boost its oil and gas capacity

Al Bawaba
June 7th, 2012 - 10:44 GMT

Cut to the chase: all-new 2013 Ford police interceptor ModelsPull in to the Middle East, delivering more performance, handling and fuel economy

Budget deficit in first quarter reached LL1.009 trillion compared to LL1.655 trillion in the same period of 2001, a decrease of LL646 billion
June 7th, 2012 - 10:26 GMT

Can telecom revenues justify Lebanon's budget deficit?

B787 in Abu Dhabi
June 7th, 2012 - 09:54 GMT

Boeing 787 dreamliner touches down in UAE capital

World Oceans Day at Sharjah museums
June 7th, 2012 - 09:41 GMT

Sharjah museums observe World Oceans Day

Al Bawaba
June 7th, 2012 - 09:33 GMT

LG makes dynamic viewing experience Mainstream with new IPS monitors

During Khalifa University’s Board of Trustees Executive Committee Meeting
June 7th, 2012 - 09:14 GMT

His Highness Sheikh Hamed bin Zayed chairs Khalifa University’s Board of Trustees Executive Committee Meeting

Al Bawaba
June 7th, 2012 - 08:55 GMT

Inmarsat Fleetbroadband reaches 30,000 activations

TravelMate
June 7th, 2012 - 08:53 GMT

Acer Travel Mate P6 series

In 2011, Qatar, Kuwait, UAE and Bahrain were among the top ten countries in the world by proportion of millionaire households
June 7th, 2012 - 08:40 GMT

Family financial wealth: Qatar, Kuwait, UAE, Bahrain score top

The GDP in oil activities grew by 36.3 percent in 2011
June 7th, 2012 - 07:53 GMT

Boom in oil prices is a boon for Oman's GDP

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