UAE to exit OPEC and OPEC+ starting May 1

The United Arab Emirates will exit OPEC and OPEC+ starting May 1, according to state-run WAM news agency. The UAE Energy Minister told Reuters the decision came after a careful review of strategies …

UAE Banks Federation approves 2026 strategy

The credit portfolio grew by 17.9% and deposits increased by 16.2%, while maintaining high levels of capital adequacy and liquidity ratios exceeding regulatory requirements and international standards …

Dubai steadies hedge fund hub

Arabian Post Staff -DubaiDubai has moved to protect its standing as a fast-rising hedge fund centre by giving financial firms more room to handle disruption linked to the Iran war, as market …