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United Arab Emirates

April 29, 2026

Abu Dhabi 7:51 am

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Analysis

UAE’s OPEC exit rattles cartel as Gulf alliances shift

OPEC's fourth-largest producer will leave the cartel on May 1, marking the most significant departure in the group’s history as the war changes Abu Dhabi's relationship priorities.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

MUMEN KHATIB/AFP via Getty Images

Why UAE's decision to leave OPEC is major shift for cartel

The UAE accounts for 12% of OPEC's output, but tensions had been simmering over intragroup rivalries and the country wanting to export more oil.

United Arab Emirates

Yuichi YAMAZAKI / AFP via Getty Images

First LNG tanker transits Strait of Hormuz since Iran war began

Latest News

Breaking

Last Updated: April 28, 2026, 8:54 am

UAE to leave OPEC on May 1

Thomas Kronsteiner/Getty Images)

United Arab Emirates

UAE’s cash request tests US ties as Iran war strains Gulf financial muscle

A view of Dubai Marina in Dubai on March 3, 2026.

United Arab Emirates

IEA delivers grim gas supply forecast as oil notches 15% weekly rise

A liquefied natural gas (LNG) tanker is moored at a LNG berth in Kawasaki, Kanagawa, prefecture April 8, 2026.

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Mohammed Soliman

In Washington, DC, reporting on Gulf politics

Saudi Arabia's Minister of Energy Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on October 5, 2022. (Photo by VLADIMIR SIMICEK/AFP via Getty Images)

OPEC+ likely to maintain oil output at meeting, in gesture to US

While the OPEC+ group is expected to maintain oil production at its virtual meeting set for Feb. 1, global demand for oil is estimated to reach a record high in 2023.

A list of the top restaurants in the Middle East and North Africa.

Culture

Restaurants in Dubai, Tel Aviv, Amman among top 50 in region

Dubai’s Orfali Bros Bistro is No. 1. on The World's 50 Best Restaurants in the Middle East. It was founded by three Syrian brothers from Aleppo.

GIUSEPPE CACACE/AFP via Getty Images

Cruise ship terminal opens in Jordan’s port of Aqaba

The agreement with Abu Dhabi’s AD Ports Group could help bolster Jordan’s tourism sector.

FABRICE COFFRINI/AFP via Getty Images

UAE defends crypto push at World Economic Forum amid FTX fallout

Emirati Minister Omar Sultan Al Olama discussed Samuel Bankman-Fried’s infamous trip to Dubai, cryptocurrency regulation, decentralized finance and more in Davos.

HALLDOR KOLBEINS/AFP via Getty Images

UAE to store carbon dioxide in rocks

The carbon mineralization project is part of the Abu Dhabi National Oil Company's $15 billion investment in decarbonization initiatives.

Stock Market Exchange on a skyscraper in dubai background - Getty / stock photo

UAE announces new guidance to control money laundering

The United Arab Emirates has been working to counter money laundering since being added to the Financial Action Task Force’s “grey list” in 2022.

Libya migrants

Explainer: Interpol nabs alleged Libya-based trafficker

The UAE assisted in the task force to arrest Kidane Zekarias Habtemariam, who allegedly extorted migrants through a camp in Libya. The North African country is a major embarking point for irregular sea voyages to Europe.

Burj Khalifa

UAE offers corporate tax orientation as implementation nears

The Gulf state decided last year to start taxing business profits and the new tax will go into effect this June.

KHALED DESOUKI/AFP via Getty Images

Uber Travel now available in Saudi Arabia, UAE, Egypt

The American ride-hailing giant faces significant competition in the Middle East and North Africa, but continues to expand in the region.

Sultan Ahmed al-Jaber, Emirati minister of state and CEO of the Abu Dhabi National Oil Company, speaks during the opening ceremony of the 24th World Energy Congress, Abu Dhabi, United Arab Emirates, Sept. 9, 2019.

Abu Dhabi to invest $15 billion in decarbonization

The Abu Dhabi National Oil Company’s interest in carbon capture and hydrogen is not new, and is part of a wider shift in the United Arab Emirates.

This picture taken on May 9, 2021 shows a view of the Dubai city skyline as seen from the Burj Khalifa, currently the world's tallest building at 828 meter.

Dubai unveils $8 trillion economic plan

Dubai's plan includes measures to boost its foreign trade, sustainability and position as a tech hub.

Employees walk past solar panels at the Mohammed bin Rashid Al-Maktoum Solar Park, Dubai, March 20, 2017.

Dubai’s use of solar power increased in 2022

Dubai is playing a large role in the UAE’s move toward solar energy.