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United Arab Emirates

April 29, 2026

Abu Dhabi 12:29 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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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

Workers load aid onto an airplane to be delivered to Rohingya refugees residing in Bangladesh, in coordination between UNHCR and United Arab Emirates, at Dubai airport, UAE, October 11, 2017. REUTERS/Satish Kumar - RC1C12FE9CB0

Palestinian Authority rejects COVID-19 aid flown from UAE to Israel

The Palestinian government said it was not coordinated with regarding the medical supplies.

United Arab Emirates

A plane of Etihad Airways company is seen at Minsk international airport near the village of Slabada, Belarus, May 19, 2016. REUTERS/Vasily Fedosenko - D1AETKFQNAAC

Report: Etihad Airways faces debt restructuring or possible legal action

The owners of the Emirati airline's debt submitted a restructuring proposal and are waiting to hear back.

United Arab Emirates

Residents hang their laundry off the railing on their balconies at their apartment building, to disinfect them under sunlight, in the city of Dubai on May 17, 2020, during the spread of the COVID-19 pandemic. (Photo by Karim SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

Gulf countries increase virus-related restrictions after new cases

The United Arab Emirates and Qatar registered more than 2,000 coronavirus cases between the two of them on Monday alone.

ATHENS, GREECE - 2019/09/14: An Etihad Airways Airbus 320 leaving Athens airport. (Photo by Fabrizio Gandolfo/SOPA Images/LightRocket via Getty Images)

First commercial flight between UAE and Israel lands in Tel Aviv

The Etihad Airways cargo plane brought COVID-19 aid to Palestinians via Ben Gurion airport.

United Arab Emirates

Gulf’s megaprojects face delays, reassessment

Saudi Arabia has cut capital expenditure for a number of Vision 2030 projects amid a drop in oil prices and Chinese investment. Will other Gulf states follow suit?

Secret operation brings Israelis stranded in Morocco back home

In a complicated operation, Israelis stuck in Morocco because of the coronavirus were finally brought home.

United Arab Emirates

An investor walks past a screen displaying stock information at the Saudi Stock Exchange (Tadawul) in Riyadh, Saudi Arabia June 29, 2016. REUTERS/Faisal Al Nasser - S1AETMRJVXAC

Have taxes killed GCC economic integration?

Saudi Arabia's recent decision to increase its value-added tax by 200% could spell the end of chances for regional economic integration and policy coordination.

People are seen on Jumeirah Beach residence, following the outbreak of coronavirus disease (COVID-19), in Dubai, United Arab Emirates, March 19, 2020. REUTERS/Christopher Pike - RC24NF9KLRML

Dubai reopens public parks, hotel beaches

Mosques, movie theaters, nightclubs and public beaches remain closed.

United Arab Emirates

A member of cleaning staff wearing protective mask disinfects a seat screen of an Emirates Airbus A380, following the outbreak of the coronavirus, in Dubai, United Arab Emirates March 5, 2020. Picture taken March 5, 2020. Emirates Airline/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RC2WGF9HGKRA

Emirates to resume international passenger flights

The Dubai-based carrier will start flying to North America, Europe and Australia on May 21.

United Arab Emirates

Dubai's Burj Khalifa, the world's tallest building, lit its 1.2 million lights to become the world's tallest donation box to buy meals for people hit by the impact of the new coronavirus disease (COVID-19) pandemic in Dubai, United Arab Emirates May 11, 2020. Picture taken May 11, 2020. REUTERS/Abdel Hadi Ramahi - RC2ZMG9GPAR0

World’s tallest building in Dubai doubles as coronavirus ‘donation box’

For every light purchased along the Burj Khalifa’s exterior, a meal will be provided to a person in need.

United Arab Emirates

Yemeni government vows to confront southern rebellion

Yemen's internationally recognized government pledged to respond to any attacks from the UAE-backed Southern Transitional Council in the country's south.

UAE students stir fashion market demand amid COVID-19

Two UAE students are taking advantage of the lockdown imposed to contain the coronavirus outbreak in order to grow their sustainable fashion line.

United Arab Emirates