ABU DHABI / WAM The United Arab Emirates on Tuesday announced its decision to exit the Organisation of the Petroleum Exporting Countries (OPEC and OPEC+), effective 1 May 2026. This decision reflects the UAE’s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking …

ABU DHABI / WAM NMDC Energy on Tuesday announced its financial results for the first quarter of 2026, stating that it maintained operational continuity across all its projects as a result of integrated efforts, coordination with all relevant stakeholders, and the effective implementation of business continuity frameworks and risk management practices. NMDC Energy delivered solid financial performance in the first …

DUBAI / WAM Results of the “GCC Board Gender Index Report 2026” showed continued progress in women’s representation, reaching 7 percent of board positions across the GCC, compared to 6.9 percent in 2025, with the UAE ranking first at 15 percent. Heriot-Watt University and Aurora50 released the third edition of this comprehensive study of women’s representation on the boards of …