Saudi-backed Riyadh Air wins approval to operate US flights

Saudi Arabia's new airline Riyadh Air won the right ​to operate flights to and from the United States, ‌the U.S. Transportation Department said in an order Tuesday.

Reuters • Jun 16, 2026

UAE's exit from OPEC not directed against anyone, ADNOC CEO says

The United Arab Emirates' decision to exit OPEC and OPEC+ was not directed against ​anyone but meant to serve national interests, Abu Dhabi National ‌Oil Company CEO Sultan Al Jaber said on Monday.

Reuters • May 4, 2026

CNBC Daily Open: UAE leaves OPEC adrift

The United Arab Emirates will exit OPEC on May 1. European bank earnings top forecasts, but Airbus misses expectations.

CNBC • Apr 29, 2026

United Arab Emirates Leaves OPEC In Favor Of ‘National Interest'

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Forbes • Apr 28, 2026

UAE Energy Minister explains decision to leave OPEC as Hormuz crisis deepens

Suhail Al Mazrouei, the UAE's Energy Minister speaks to CNBC's Dan Murphy following the country's announcement it will leave OPEC. The Minister described the move as a "pure policy change", dismissing suggestions it is a rejection of production cuts led by Saudi Arabia.

CNBC International TV • Apr 28, 2026

UAE Leaving OPEC at Right Time, Energy Minister Says

The United Arab Emirates is leaving OPEC on May 1, dealing a blow to the group and its leader Saudi Arabia. UAE Energy Minister Suhail Al Mazrouei tells Bloomberg's Joumanna Bercetche that the timing is right because of the war in Iran.

Bloomberg Markets and Finance • Apr 28, 2026

Gulf economies head for worst crisis since pandemic as war roils energy lifeline

Gulf Cooperation Council (GCC) economies are sliding into their worst economic crisis since the pandemic, with several expected to contract this year on ​spillovers from the U.S.-Israel war with Iran right on its doorstep.

Reuters • Apr 27, 2026

Crude Oil Trade: Defensive And Tactical Stock Buying

Crude oil stocks stand to gain from surging prices and supply chain disruptions, offering investors defensive, short-term tactical buying opportunities. The goal of defensive trading is to preserve capital and mitigate risk until more favorable market conditions return. Explore the ‘Strong Buy' recommendations in this article, which are up an average +60% YTD, trade at a discount, and offer strong fundamentals that may benefit from the crude oil trade.

Seeking Alpha • Mar 20, 2026

KSA: Saudi Equities Poised To Shine

The iShares MSCI Saudi Arabia ETF offers investors a chance to invest in the broad market holdings of the Saudi stock market. It appears to be poised to outperform other emerging markets in the coming years. Saudi Arabia's economy grew 4.9% last quarter, driven by non-oil expansion and rising oil production, nearing 2024 highs. The non-oil sector now comprises 55.6% of GDP, up from 45.4% in 2016, reflecting successful diversification efforts.

Seeking Alpha • Feb 9, 2026

Saudi Arabia Capital Markets Go Global

Saudi Arabia is officially opening its capital markets more broadly to foreign investors. Effective February 1, 2026, foreign individuals and institutions will be able to participate directly in the Main Market (Tadawul) without needing to qualify under a special investor regime.

ETF Trends • Jan 15, 2026