Friday 22 May 2015
 
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New measure to ease trucks congestion on causeway

A new measure will soon be introduced to ease the truck congestion on the Saudi Arabia-Bahrain King Fahad Causeway as part of efforts to avert bottlenecks and ensure smooth flow of lorries. Loaded trucks will leave Khalifa Bin Sal

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Oil falls more than $1 as Mideast supply fears ease

Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen. Goldman Sachs said the bombing of Yemen would have little effe

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Bahrain eases visa rules for GCC visitors

Any visitor to a GCC country will be eligible for a one-month multiple-entry visa to Bahrain under new rules coming into effect next Wednesday (April 1). The new rules also allow GCC residents and citizens of 102 countries to obta

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Iran wants nuke work limits eased before any deal expires

Iran is pressing major world powers to agree to start easing some restrictions on its atomic programme earlier than Western countries are willing to accept, Western and Iranian officials told Reuters. This is one of the sticking p

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Construction projects boom as Bahrain eases rules

Investments worth billions of dinars are expected to be pumped into Bahrain as the government works on easing regulations on setting up businesses in the kingdom. Information Affairs Minister Isa Al Hammadi said urban development

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Bahrain set to further ease visa regulations

Multiple-entry visa on arrival and longer validity visas will be available from the second quarter onwards in Bahrain, a top official has said. The Nationality, Passport and Residence Affairs (NPRA) assistant under-secretary Shaik

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Ease Iran sanctions, urges Dubai Ruler

The ruler of Dubai, a Gulf trade and investment hub with strong links to Iran, said in remarks broadcast on Monday that the international community should ease sanctions on the Islamic Republic. Under a deal struck on November 24,

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Brent falls below $108 on US jitters

Brent crude slipped below $108 a barrel on Monday and was on track for its first monthly drop in four months, as tensions over Iran eased and as a potential US government shutdown clouded the outlook for demand. Republicans and De

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Gold edges lower after recent gains

Gold eased on Tuesday but wasn't far from two-month highs hit in the previous session, with investors awaiting minutes from the US central bank's July policy meeting for clues on when it will begin scaling back its commodities-friendly s

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Gold retreats from record as markets recover

Gold prices retreated from early record highs near $1,900 an ounce on Monday, as a rebound in stock markets from last week's lows gathered pace, denting interest in so-called safe haven assets like German bunds and bullion. Although th

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