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United Arab Emirates

April 29, 2026

Abu Dhabi 9:38 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

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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

DIRK WAEM/BELGA MAG/AFP via Getty Images

Abu Dhabi launches new cryptocurrency hub despite downturn

Despite a global slump, cryptocurrency is growing in the UAE in line with the government’s diversification goals.

Israel’s OurCrowd invests in a $60 million AI hub in Abu Dhabi

The Israeli investment platform will build on the UAE's efforts to become a world leader in artificial intelligence and attract more futuristic technology companies to the country.

UAE tech

Abu Dhabi Global Market adopts blockchain for courts

The move comes amid other financial changes in the Gulf state. Blockchain technology is also used for cryptocurrency.

Saudi passengers take the train on an internal trip in Riyadh's only railway station 19 September 2004. Only four passenger trains per day operate from the six-platform station and along the sole operating track in the vast desert kingdom. The trains carried around 900,000 passengers in 2003 between the capital -- home to some four million -- and the center of the oil-rich Eastern Province. The Saudi Railways Organization (SRO) believes that the existing service has improved immensely during the past three

Rail development to grow across GCC, with Saudi Arabia & UAE leading the charge

Afshin Molavi

Hydrogen

UAE’s Masdar thinks Africa poised to be hydrogen hub

The African continent has a lot of potential to produce hydrogen as an energy source, but there are also many challenges, according to some observers.

United Nations Secretary-General Antonio Guterres (C), Egypt's President Abdel Fattah al-Sisi (2nd R) and UAE's President Sheikh Mohamed bin Zayed Al Nahyan (R) attend the leaders summit on the second day of the COP27 climate conference, Sharm el-Sheikh International Convention Center, Sharm el-Sheikh, Egypt, Nov. 7, 2022.

UAE, Egypt announce new wind farm during COP27

Wind power is growing in Egypt, which is relatively poor in oil and gas.

Participants attend the Abu Dhabi International Petroleum Exhibition and Conference, Abu Dhabi, Emirates, Nov. 11, 2019.

US, UAE sign clean energy partnership

The agreement unlocks $100 billion in financing.

(From L to R) Moderator Joha Simpson, BBC world affairs editor broadcaster, author and columnist, UAE Energy Minister Suhail Al Mazrouei, Omani Oil and Gas Minister Mohamed Al Rumhi and Bahrain's Oil and Gas Affairs Minister Mohammed Bin Khalifa Al Khalifa sit on a panel during the Abu Dhabi International Petroleum Exhibition and Conference), Abu Dhabi, Emirates, Nov. 7, 2016.

UAE warns against underinvestment in oil, gas at Abu Dhabi conference

The Abu Dhabi International Petroleum Exhibition and Conference also features more focus on decarbonization and hydrogen.

A man looks at cryptocurrency prices in a window of a cryptocurrency exchange office, Istanbul, Turkey, Oct. 19, 2021.

Report: Turkey has highest cryptocurrency interest in Middle East

CryptoManiaks also found a relatively high amount of crypto-related Google searches in Israel and the United Arab Emirates.

A sign offering Bitcoin for sale is seen in a store window in Hollywood, California, Oct. 20, 2022

Dubai-based crypto firm to offer payment card

The partnership between BitOasis and Mastercard could make cryptocurrencies more usable for daily purchases.

Jan. 27, 2018

Animal-free dairy plant to open in UAE

The United Arab Emirates is getting its first vegan dairy production facility as demand for non-animal-based products rises in the Gulf.

United Arab Emirates

Leon Neal/Getty Images

Next British Prime Minister Rishi Sunak's views on Middle East

The Conservative statesman has expressed fairly mainstream views on Israel, Iran and other regional issues.