UAE
UAE leaving OPEC could reshape oil markets and ease Pakistan's energy costs
The UAE is quitting OPEC from May 1, 2026. Here's what its exit means for global oil prices and Pakistan's $16 billion import bill
Apr 30, 2026
Apr 30, 2026
The UAE is quitting OPEC from May 1, 2026. Here's what its exit means for global oil prices and Pakistan's $16 billion import bill
Dubai Police dismantled three criminal syndicates and nine fraud centers in a joint operation with the FBI and Chinese police, arresting 276 suspects.
Abu Dhabi's non-oil foreign trade reached AED415.4 billion in 2025, up 36% year-on-year, driven by a 63% surge in exports
The move will weaken the group amid the Iran war and US pressure on Gulf oil producers
Iran's UN envoy complains that countries only criticized Iran and not a naval blockade declared by the United States
Presidential advisor Anwar Gargash says GCC's response to Iranian missile and drone strikes was the weakest in the bloc's history, surprising even him
The UAE has topped the Global Entrepreneurship Monitor rankings for the fifth year running. Here's what drove the result and what it means for business
Authorities say vehicle cuts emergency response times by over 75%, improving safety and traffic flow during severe weather
Two sides also review UAE-US ties, reaffirming their long-standing partnership and commitment to deeper cooperation across key sectors
Senior UAE official says ranking reflects UAEU’s focus on academic excellence, research innovation and national priorities
Energy prices, funding conditions and supply chains seen as key transmission channels
SBP completes ADFD settlement while Saudi, IMF inflows support outlook
Higher input costs and weaker yields may pressure agribusiness margins and food supply chains
Milan meetings focused on capital flows, cross-border expansion and Abu Dhabi growth priorities
Lending rises 20% as bank expands capacity, prioritizes private sector and infrastructure
Both sides review Middle East developments and their impact on regional stability, global security, maritime routes, and the global economy
Banks face sanctions if they fail to end messaging app use by April 30
Gold Line metro expansion will boost connectivity and cut congestion across the emirate
Al Otaiba describes UAE as one of the world’s most financially resilient economies, citing over $2 trillion in sovereign investment assets
OIC General Secretariat says it supports all measures taken by UAE to safeguard its sovereignty, territorial integrity and internal stability
