UAE / the United Arab EmiratesĀliányù阿联酋to announce / to declarexuānbù宣布to withdraw from / to leavetuìchū退出OPEC / Organization of Petroleum Exporting CountriesŌupèikè欧佩克,sixty yearsliùshí nián六十年membership / member statuschéngyuán成员relationship / tiesguānxi关系from this point on / herebyjiùcǐ就此to come to an end / conclusionzhōngjié终结。
April 29, 2026 at 2:00 AM
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BusinessUAE Announces Withdrawal From OPEC, Ending Six Decades of Membership
The UAE announced it will leave OPEC and OPEC+ on May 1, ending sixty years of membership. The move comes as the Iran war continues to disrupt global oil markets.
Kenya announced agricultural modernization program to enhance crop yields and support rural farmer incomes. The government committed 15 billion shillings for agri-tech innovation, irrigation development, and agricultural financing programs.
Smallholder farmers received support for improved seed varieties, fertilizer access, and modern farming techniques. Government agricultural extension services expanded to provide technical guidance and market information to farming communities.
Agricultural financing programs reduced barriers for farmers to access capital for seasonal inputs and equipment. Market linkage initiatives connected farmers directly to buyers reducing intermediaries and improving farmer income.
Agricultural diversification programs promoted high-value crops including horticulture and livestock production. Technology adoption including mobile-based market information systems and weather forecasting improved farmer decision-making and risk management.
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OPEC Announces November Oil Output to Remain Unchanged