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Dubai News Club > Finance > The UAE announces its exit from OPEC and OPEC+ as of May 1
Finance

The UAE announces its exit from OPEC and OPEC+ as of May 1

Press Room
Last updated: 2026/04/28
Press Room
Published: April 28, 2026
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The United Arab Emirates announced today its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, with the decision taking effect as of May 1, 2026.

This decision is in line with the vision…

Source

11.2% growth in the emirate’s GDP during the first half
4.33 billion dirhams, “ADNOC Supply” revenues
Launching 6 business groups in the digital technologies sector
Union Coop unveils a new electronic wallet for consumers
“Regulating Communications” launches a package of artificial intelligence initiatives

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    Previous Article The UAE’s decision to exit OPEC and OPEC+ is based on its long-term strategic and economic vision
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