Oman will not be part of the proposed Gulf Union as there are other important issues for the Sultanate that needed to be addressed, said its Foreign Affairs Minister Yusuf bin Alawi bin Abdulla yesterday (December 7) at the ongoing Manama Dialog
The Bahrain government has drawn up radical plans for the future of Gulf Air that could have massive consequences for the airline and its staff.
The government has come up with four proposals: Dissolve the airline altogether, sell it off a
Etisalat has no immediate plans for foreign acquisitions, although it recently scrapped a bid to buy a rival in Kuwait, the UAE telecoms operator's chairman said on Monday.
The former monopoly is active in 18 countries, yet about thre
Global luggage manufacturing major Samsonite has announced plans to boost its presence in Bahrain and capture a larger chunk of the market share.
Samsonite India, Middle East and East Africa managing director Subratta Dutta said Bahrain ha
Dubai's government has set up a team to draw up the emirate's financial plans for the 2011-2014 period, improve spending efficiency and develop new revenue structures, the government said.
Dubai unveiled a $9.5 billion rescue plan
Dubai nationals were alarmed by the fallout from the emirate's debt standstill, but many hope the crisis may stem the torrent of foreigners into the Gulf city, where locals are outnumbered ten to one.
The freewheeling emirate
Over a third of Bahrainis have changed their travel arrangements out of fear of catching swine flu, while a quarter of them scrapped their travel plans, according to the Bahrain Centre for Studies and Research.
Of all those surveyed, a qua
Qatar plans to invest in the German automotive industry, making it the second Gulf Arab state to cast a friendly eye on the country's carmakers this week, Emir Sheikh Hamad bin Khalifa Al-Thani told a German magazine.
'But we have
Etihad Airways, the UAE's national airline, is further expanding its global reach from Kuwait by introducing new fares and improved connectivity via Abu Dhabi to different destinations that cover North American, Europe, Asia and
Fuelled by soaring oil prices, Kuwait has ambitious plans to invest $132 billion building a model city in its northern desert, complete with rail links to the rest of the Middle East, central Asia and China.
The high-concept project may se