gulf arab countries

Suspect Held Over Bomb Attack Dies in Bahraini Jail: Media

DUBAI, July 31 – A Bahraini suspect held for questioning in connection with a bomb attack that killed a woman in late June has died in prison, a local newspaper reported on Sunday, while another news website has suggested he may have died under torture. The interior ministry said in a statement that a detainee

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Bahraini Shiite Clerics Warn Against Targeting Muslim Sect

DUBAI, June 18 – Senior clerics warned on Saturday against any attempt to target Shiite Islam by undermining a pillar of the sect’s creed, the Khums tax, apparently following reports that authorities were investigating funds held by Bahrain’s top Shiite cleric. The warning could pave the way for a showdown between the Gulf Arab state’s

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GCC: Summer Is Coming

The Gulf’s forthcoming reforms bode well for the future BY Tarek Fadlallah The contrarian case for making tactically positive trades during Gulf Cooperation Council (GCC) market weakness earlier this year has been sound. It remains on track to deliver further modest gains once Ramadan is over and the traditionally slow summer season has passed. The supportive elements

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Saudi Arabia Criticises U.N. Over Yemen Blacklisting

RIYADH, June 6 – Saudi Arabia has rejected a United Nations report that criticised the military coalition it is leading in Yemen, saying it was based primarily on information supplied by its adversaries. On Thursday U.N. Secretary General Ban Ki-moon added the Saudi-led coalition to an annual blacklist of states and armed groups that violate

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Terror Case Opens Up Kuwait’s Sectarian Divisions

By Sylvia Westall KUWAIT, June 2 – Kuwaiti security service officers raided farmhouses near the Iraqi border late last summer, slicing through carpets and smashing open concrete floors. Hidden in large plastic containers was a weapons cache, the largest discovered in Kuwait’s history. State television showed Kuwait’s Interior Minister, a senior ruling family member, solemnly

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GCC: Change Is Needed

GCC central banks need to bolster research to reform decades old dollar pegs BY Martin Dokoupil Oil-rich Gulf Arab states’ central banks lack adequate research capabilities to pursue a currency reform that could help them better control their economies in both harsh periods of low crude prices as well as in times of economic boom, says

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Saudis Await Prince’s Vision of Future with Hope and Concern

By Marwa Rashad RIYADH, April 24 – Saudi Arabians are anticipating with hope, doubt and worry the release this week of a government plan to liberate the kingdom from its reliance on oil, which could solve deep-rooted problems but bring economic pain. Deputy Crown Prince Mohammed bin Salman, the 30-year-old son of King Salman, is

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Saudi King Sets Aside Frustrations with Egypt for State Visit

By Angus McDowall and Lin Noueihed RIYADH/CAIRO, April 5 – Despite years of mutual frustration and disappointment over diverging priorities, Saudi Arabia and Egypt remain fundamental to each other’s security, a message King Salman’s visit to Cairo this week is intended to reinforce. The rare foreign trip by the 80-year-old Saudi ruler will counter media

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