Friday 4 September 2015
 
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Gulf states

Global aid hits record in 2014 boosted by Gulf states

Global humanitarian aid hit a record $24.5 billion in 2014 boosted by a nearly $1 billion extra from Gulf countries but the 20 per cent increase in funds failed to meet growing needs in conflict and disaster-hit areas, new figures showed on Thur

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Gulf states defend Qatar 2022 World Cup

Gulf Arab countries have offered support for Qatar as host of the 2022 World Cup as criticism grows over the choice of the desert nation as the venue for world soccer's top event. Swiss and US authorities are investigating bot

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Gulf states have failed to diversify: Qatar cbanker

Rich Gulf Arab countries have so far failed to diversify their economies away from oil revenue and some may eventually face political challenges as a result, a senior Qatar central bank official said on Tuesday. The comments by Kh

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Gulf states see $780m fund outflow over US taper

Capital outflows from Gulf states have totalled only about $780 million since the US Federal Reserve unveiled its plan to wind down asset purchases in May last year, a small fraction of the money leaving other emerging markets, according to a st

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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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