United Arab Emirates - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

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United Arab Emirates

April 29, 2026

Abu Dhabi 8:43 am

34°C

GIUSEPPE CACACE/AFP via Getty Images

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

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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

This picture taken from the Mount of Olives shows a view of Al-Aqsa Mosque compound and its Dome of the Rock, Old City, Jerusalem, Jan. 2, 2023.

UAE, Saudi, others condemn Israeli minister’s visit to Jerusalem holy site

Ben-Gvir’s visit to the Temple Mount/Haram al-Sharif could hurt the new far-right Israeli government's relations with Arab states and Turkey.

Cedric Ribeiro/Getty Images for Sotheby's Dubai

Abu Dhabi bank launches tokenized payment system using wearables

There have been numerous fintech developments in the United Arab Emirates this year.

Sunset shot showing a row of electricity pylons in the desert, Dubai, United Arab Emirates (Getty Images)

Analysis

2022 in review: Saudi-China, Qatar-Germany deals cap Middle East's energy developments

Hydrogen power, oil price fluctuations and electric vehicles could feature prominently in the region in 2023.

Adam Lucente

By Adam Lucente

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

Abu Dhabi

Abu Dhabi bank launches new sustainability program

Several Middle Eastern banks and funds are pursuing finance focused on green technology and the environment.

Africa solar

Dubai’s AMEA Power wins solar contract in South Africa

Both the UAE and Saudi Arabia are seeking better ties with sub-Saharan African states, including in regards to energy.

Two firms from the United Arab Emirates have signed a $6 billion deal with Sudan to construct a new port on the Red Sea coast.

UAE's Ports Group expands footprint in Sudan

The agreement allows the Abu Dhabi-based logistics giant to operate ports in Sudan and will contribute to the UAE’s growing influence on the African continent.

GIUSEPPE CACACE/AFP via Getty Images

UAE to open facility that converts waste to green hydrogen

The Gulf state already has one waste-to-energy plant and is looking to build more.

Brittney Griner

Inside UAE, Saudi roles in facilitating release of Brittney Griner

A high-level Gulf source with access to the details of the exchange told Al-Monitor that the exchange happened at a UAE airbase at 5:00 pm Abu Dhabi time (8:00 am ET).

Abu Dhabi

UAE business center releases whistleblowing guidelines

The UAE is seeking to improve financial transparency among other major financial changes happening in the Gulf state.

Mideast solar

Dubai’s AMEA Power advances wind, solar projects in Egypt

The project is one of many that Emirati entities have announced this year. Egypt could benefit from more renewable energy, but already has some solar and wind plants in the country.

Completed customer orders are seen in their boxes, awaiting delivery, at the Amazon Fulfillment Center.

Amazon to open online grocery store in UAE

The US retail giant has also been in the news regarding Saudi Arabia and Egypt recently.

United Arab Emirates

An Etihad Airways Boeing 787-9 "Dreamliner" aircraft lands at Israel's Ben Gurion Airport near Tel Aviv, on Oct. 20, 2020.

Etihad launches initiative on sustainable aviation fuel to decarbonize flights

Sustainable aviation fuel, which is sourced from biological materials, has great carbon reduction potential. However, airlines' reluctance to spend more on fuel is hampering its development, according to some observers.