Thursday 24 April 2014
 
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Gulf states

Saudi gives qualified welcome to Iran deal

Saudi Arabia and other Gulf states, despite their mistrust of Iran, gave a qualified welcome to Tehran's interim deal with world powers over its disputed nuclear programme. US-allied Saudi Arabia, locked in a struggle with Ira

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WARNING: GCC states may see deficits by 2016

The Arab world's energy exporting states are not saving enough of their oil windfall and as a group may start running a fiscal deficit in 2016 if current policies do not change, the International Monetary Fund warned on Tuesday.

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Gulf states to meet over UAE-Iran island row

Gulf Arab states plan to meet next week to discuss a dispute between the UAE and Iran which broke out after the Iranian president visited a Gulf island claimed by both countries, a source familiar with the matter said on Saturday. Wednesda

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Gulf salary hikes 'to top 5pc this year'

Employees in the Gulf states are expected to see salary increases of 5 to 6 per cent this year, according to a new survey. Organisations in the UAE plan to increase employee salaries nearly three per cent above inflation in 2012, said the

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Clinton to launch 'strategic forum' with Gulf

US Secretary of State Hillary Clinton arrives in Saudi Arabia today for talks to weigh limited options available to end the violence in Syria and launch a "strategic forum" with Gulf allies against a backdrop of growing tensions with Iran.

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Gulf states close Syria embassies

Four more members of the Gulf Cooperation Council (GCC) have decided to close their embassies in Syria over its violent crackdown on mass protests, the Saudi Press Agency (SPA) reported. United Arab Emirates, Oman, Kuwait and Qatar follow

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Arabs urge Russia to back Syria peace plan

Gulf Arabs told Russia in blunt language on Saturday its failure to take a tough line on Syria had allowed killing to continue and urged Moscow to back an Arab peace effort that includes a call for Russian ally President Bashar al-Assad to step as

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Telecom industry to witness big M&A deals

There are clear signs that mergers and acquisitions in the telecom industry could steadily pick up in 2011 and 2012 as several operators have announced large transactions, said a study by Booz and Company. Prior to the global economic slow

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Arab unrest boosts UAE tourism

Gulf states least affected by regional turmoil are likely to see a boost in tourism, analysts said on Tuesday, with the United Arab Emirates outperforming other destinations. 'Dubai has benefitted drastically, with high occupancy rates

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GCC to deport 'Hizbollah, Iran agents'

Gulf states plan to deport thousands of Lebanese Shi'ites over their alleged links to Hizbollah and Iran's elite Revolutionary Guards, said a report. The measure was being considered because of intelligence reports that Lebanese Sh

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