Middle East ETP News
you are currently viewing::UAE leaves OPEC in blow to oil cartel during war on IranApril 28, 2026- Announcement of its exit on Friday comes as Gulf producers are already struggling to ship exports through the Strait of Hormuz. The move, which will take effect on Friday, reflects "the UAE's long-term strategic and economic vision and evolving energy profile", a statement carried by state media said on Tuesday. Source: aljazeera.com |
UAE markets slide but Saudi stocks extend recovery
March 4, 2026--DFM and ADX reopen after 2 days
Both imposed -5% temporary limit
Tadawul All-Shares up 1.6% in morning
UAE equity markets tumbled on Wednesday as trading resumed for the first session since the US and Israel launched strikes against Iran, sparking a broader Middle East conflict.
UAE non-oil business activity expands to 12-month high in February
March 4, 2026--PMI points to growth in sectors such as construction, real estate, logistics and technology
The UAE's non-oil private sector expanded at the fastest pace in a year in February as business activity strengthened, according to new survey data released on Wednesday.
LNG shutdown sinks Qatar stocks but Tadawul rebounds
March 3, 2026-- Bourse dives as global markets reel on Middle East tensions.
Qatar LNG production still halted
Doha bourse lowest since June 2025
Saudi market up as Aramco advances
