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Matein Khalid It is significant that Abu Dhabi joined Opec from the moment the emirate exported its first barrel of oil in 1967, four years before the birth of the UAE itself. For 59 years the UAE was a member of Opec enduring an era of multiple shocks, wars, revolutions, recessions, banking crises, oil price wars, supply shocks, embargoes and the pandemic. Saudi Arabia has been the ultimate power […]

Arabian Post Staff -Dubai Saudi Arabia, Russia and five other Opec+ producers agreed on Sunday to raise their collective oil production quota by 188,000 barrels per day from June, pressing ahead with a planned supply increase despite severe disruption to Gulf exports and the UAE’s exit from the alliance. The decision was taken at a virtual meeting of Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, […]

By K Raveendran Abu Dhabi’s decision to walk away from OPEC marks more than a dispute over barrels. It signals a recalibration of Gulf power, energy strategy and security alignments at a moment when the Iran war has exposed the limits of regional consensus. For decades, the UAE operated inside a cartel system dominated by […]

The article UAE Break From OPEC Reshapes Gulf Oil Politics appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Arabian Post Staff -Dubai Abu Dhabi has moved to leave OPEC and OPEC+, ending nearly six decades inside the producers’ group and sending a sharp signal through an oil market already strained by geopolitical risk, supply disruption and shifting energy strategies. The decision, announced on Tuesday and set to take effect on May 1, marks one of the most consequential breaks inside the oil-exporting bloc since Qatar’s […]

Arabian Post Staff -Dubai   Qatar’s media-sector push has gained fresh momentum after Media City Qatar and the International Association for MediaTech entered a Platinum Partnership designed to raise the country’s profile as a regional centre for media, technology and content creation. Announced in Doha on 26 April 2026, the agreement gives Media City Qatar wider access to IAMT’s international platforms, industry events, market intelligence and training […]

OmniOps has joined Grafana Labs’ partner programme, a move that gives the Riyadh-based infrastructure company a stronger route into Saudi Arabia’s fast-growing market for cloud monitoring, telemetry and data-sovereign digital operations. The step positions OmniOps to sell and implement Grafana-backed observability services for enterprises that want tighter control over metrics, logs, traces and performance data inside the Kingdom’s regulatory and strategic framework. The partnership matters because observability […]

StarLink opened its 2026 roadshow in Riyadh on 19 April, pitching a vision of cyber defence in which autonomous systems are used not only to detect threats but to counter AI-enabled attacks at machine speed, as companies across the Middle East weigh how far they can trust software agents with critical security decisions. The event series, branded “The Silent War of AI vs AI”, is scheduled to […]

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Kingdom Holding Company has agreed to buy a 70% stake in Al Hilal from Saudi Arabia’s Public Investment Fund, in a transaction that marks a new phase in the Kingdom’s football privatisation drive and puts one of the country’s highest-profile clubs under the control of Prince Al Waleed bin Talal’s investment group. The binding agreement, announced on Thursday, values Al Hilal at an implied enterprise value of […]

Saudi Arabia has pledged an additional $3 billion in support for Pakistan and agreed to extend a $5 billion deposit for a longer period, giving Islamabad fresh breathing space as it works to manage external financing pressures and a looming $3.5 billion repayment obligation to the United Arab Emirates this month. Pakistan’s finance minister, Muhammad Aurangzeb, disclosed the support in Washington, and the arrangement was confirmed by […]

Arabian Post Staff -Dubai Saudi Arabia’s Public Investment Fund has stepped up its backing of Lucid Group with a fresh $550 million investment through affiliate Ayar Third Investment Company, extending the sovereign wealth fund’s role as the electric vehicle maker’s financial anchor at a time when Lucid is trying to stabilise cash burn, repair operational strains and broaden its commercial reach. The commitment forms part of a […]

Arabian Post Staff -Dubai Saudi Arabia has restored full pumping capacity on its East-West pipeline to about seven million barrels a day, reactivating a strategic export artery that has become central to global crude flows during the disruption of shipping through the Strait of Hormuz. The Ministry of Energy said operational and technical teams brought the line back to full strength within days of attacks that had […]

Arabian Post Staff -Dubai   Saudi Arabia Railways has launched five new logistics routes aimed at accelerating cargo movement between Gulf ports, inland industrial centres and cross-border markets, in a move designed to strengthen the Kingdom’s position in regional and international trade. The new network combines rail and road links, tying Arabian Gulf gateways to central and northern regions, with onward access to the Red Sea and […]

Arabian Post Staff -Dubai Saudi Arabia has moved to raise its profile in global data governance after the Saudi Data and Artificial Intelligence Authority, known as SDAIA, said it had joined the Global Privacy Assembly, a forum that links privacy and data protection authorities worldwide. The step puts the Kingdom’s privacy regime more visibly alongside international rule-setting efforts at a time when Riyadh is pushing digital government, […]

Arabian Post Staff -Dubai Saudi supply lines face deeper strain Attacks on Saudi energy facilities have knocked about 600,000 barrels per day from the kingdom’s oil production capacity and cut throughput on the East-West Pipeline by roughly 700,000 bpd, according to Saudi state media citing an Energy Ministry official, in a blow to the world’s top oil exporter at a time when its western pipeline route has […]

Arabian Post Staff -Dubai   Alramz Real Estate has moved to deepen its presence in Saudi Arabia’s housing market after signing an agreement with Oud Capital to establish a Shariah-compliant real estate investment fund worth about SAR650 million to develop a 900-unit residential community in Jeddah, in a deal that underlines how listed developers are using capital-market structures to expand amid sustained demand for urban housing. The […]

Arabian Post Staff -Dubai Saudi Arabia has launched the pilot phase of “Ahlan”, a new mobile application designed to serve as a single digital identity for supporters attending football tournaments hosted by the Kingdom, as organisers step up preparations for the AFC Asian Cup Saudi Arabia 2027. The platform is intended to bring together trip planning, ticketing, transport and stadium access in one system, with the first […]

Arabian Post Staff -Dubai Kingdom Holding Company has agreed to buy Prince Alwaleed bin Talal AlSaud’s stake in Breakthrough Energy Ventures for 255 million riyals, or about $68 million, in a deal that pushes the Riyadh-listed investment firm further into climate-focused venture capital while underlining the growing role of Gulf capital in technology bets beyond conventional energy. The company disclosed the transaction on 2 April and said […]

US-based Patel Family Office and Dammam-headquartered Abdel Hadi A. Al-Qahtani & Sons have signed a $1 billion agreement to build 50 business hotels across Saudi Arabia by 2029, betting that the Kingdom’s fast-growing corporate travel market now needs more standardised mid-market accommodation than luxury-led supply can offer. The partners said the platform, branded AYARA, was signed at the FII PRIORITY Summit in Miami and is expected to […]

Arabian Post Staff -Dubai Donald Trump has triggered fresh controversy after using crude language about Saudi Crown Prince Mohammed bin Salman at the Future Investment Initiative Institute summit in Miami Beach, telling the audience the Saudi leader had not expected to “be kissing my a” and adding that “now he has to be nice to me.” The remarks, delivered on 27 March at the Saudi-backed forum, drew […]

Arabian Post Staff -Dubai Exeed has opened a new showroom in Jeddah through Arabian Heritage Motors, part of Al Ghurair Mobility, extending the premium vehicle brand’s physical presence in Saudi Arabia as competition intensifies among Chinese carmakers across the Gulf. The Jeddah launch was disclosed by Al Ghurair in a corporate post and comes after Exeed appointed Al Ghurair as its exclusive distributor in the Kingdom in […]

Arabian Post Staff -Dubai Banishing delivered a polished front-end result for the United States and Saudi Arabia at Meydan on Saturday, winning the $1 million Group 2 Godolphin Mile and handing a notable success to trainer David Jacobson, jockey Silvestre de Sousa and owners Sharaf Mohammed Al Hariri, David Jacobson and Lawrence Roman. The Godolphin-bred six-year-old beat Commissioner King by 2¼ lengths over the mile on dirt, […]

Primark is set to enter the Gulf retail market with its first store in Dubai scheduled to open on March 26 at Dubai Mall, marking a significant step in the British-Irish fashion retailer’s expansion beyond its traditional European strongholds. The Dublin-founded company, known for its low-cost apparel and homeware, will simultaneously establish a presence across three major shopping centres in the UAE over a two-month period. Following […]

Saudi Arabia ordered Iran’s military attaché, his assistant and three other embassy staff to leave the kingdom within 24 hours after declaring them persona non grata, marking one of Riyadh’s sharpest diplomatic steps since the current regional war began. The Saudi foreign ministry said the expulsions were tied to what it called continued Iranian attacks on Saudi territory, after waves of missiles and drones were launched at […]

Tesla is assessing temporary policy changes for its Supercharger network across Gulf countries following heightened regional security tensions linked to Iran, amid unverified claims circulating online that the company has already made charging free in the region. No official confirmation has been issued by Tesla or its chief executive Elon Musk that all Supercharger services in Gulf Cooperation Council markets have been made free of charge. Industry […]

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