Business
UAE Exits OPEC After Six Decades — What It Means for Gulf Energy Markets and ADNOC Strategy
The UAE formally left OPEC on May 1, 2026, ending nearly 60 years of membership and giving ADNOC full freedom to pursue its 5 million barrel-per-day capacity target without quota constraints. With Brent at $106 and Hormuz disrupted, the exit reshapes GCC energy dynamics.
Qatar Economy 2026: Best Sectors for Expat Investors, Business Setup Guide and LNG Growth Outlook
Qatar's economy in 2026 is entering a multi-year growth phase as the North Field LNG expansion approaches first production, GDP growth is projected to exceed 5 per cent from 2027, and new foreign ownership rules have driven a 66 per cent surge in new company formations in Q1 2026.
UAE Economy Targets 5% GDP Growth in 2026: 1.4 Million Companies, 250,000 New Businesses in a Single Year
The UAE's GDP growth forecast has been upgraded to 5% for 2026, as the Ministry of Economy confirms the total number of active companies has surpassed 1.4 million — a 118.7% increase since 2021 — with 250,000 new businesses registered in 2025 alone.
Oman Economy on Solid Ground: IMF Backs 3.5% Growth, Future Fund Signs Over AED 1.8 Billion in Investment Deals
The IMF confirmed a 3.5% GDP growth forecast for Oman in 2026, supported by 1.7% inflation, public debt declining to 33% of GDP, and a 7.5% current account surplus, as the Future Fund Oman signs over AED 1.8 billion in new deals across logistics, renewable energy and technology.
Saudi Arabia Q1 2026 GDP Grows 3%: Financial Services Surge 5.4% as Non-Oil Economy Leads Vision 2030 Momentum
Saudi Arabia's real GDP expanded 3% year-on-year in Q1 2026, with financial services registering the highest sector growth at 5.4% and manufacturing rising 4%, as Vision 2030's economic diversification continues to outperform expectations.



