The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers’ group as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf …
Explainer-How the UAE’s OPEC exit could affect its trade ties with Saudi Arabia
By Andrew Mills, Rachna Uppal and Federico Maccioni Abu Dhabi, April 29 (Reuters) – The United Arab Emirates’ withdrawal from OPEC weakens the group’s control over global oil markets and potentially …
Live updates: United Arab Emirates says it will exit OPEC, while US-Iran negotiations stall
The United Arab Emirates said Tuesday it will exit OPEC, while the Trump administration seemed unlikely to accept Iran’s offer to reopen the Strait of Hormuz if the U.S. ends its blockade and the war.
Oil Back Above $110 as World Awaits US Response to Iran Proposal
Oil eased from intraday highs after the United Arab Emirates announced a historic decision to exit OPEC, nine weeks into the US–Israel war on Iran that has reshaped global oil flows and cut off …
Prime Bullions Properties Establishes Itself as Dubai’s Trusted Gateway
Why Smart Global Investors Are Choosing Dubai Real Estate in 2026 BUSINESS BAY, United Arab Emirates – April 26, 2026 / …
Pakistan to repay USD 1.5 billion outstanding UAE debt by April 23
Pakistan’s central bank plans to settle a USD 1.5 billion loan with the United Arab Emirates by April 23. This move follows a USD 2 billion repayment to the UAE, supported by a USD 2 billion deposit …
Philippines, UAE to strengthen financial cooperation and trade
The Central Bank of the United Arab Emirates (UAE) and the Central Bank of the Philippines have entered into a significant partnership aimed at promoting financial and economic cooperation. The two …
Central banks of UAE and Philippines agree to link payment infrastructure
The central banks of the UAE and the Philippines have signed an agreement to link their payment systems. In a virtual ceremony, the Central Bank of the United Arab Emirates (CBUAE) and the Bangko …
Philippines, UAE to promote financial cooperation
MANILA: The Central Bank of the United Arab Emirates and the Central Bank of the Philippines have signed a memorandum of understanding (MOU) to promote financial and economic collaboration and …
Pakistan says Saudi Arabia pledges $3 billion more in financial support
Saudi Arabia will help Pakistan bridge a multibillion dollar gap in its finances linked to an upcoming debt repayment to the United Arab Emirates.Riyadh has announced $3 billion in additional support …