gulf arab countries

Turkish Troops Hold Exercises in Qatar in Show of Support

By Tom Finn DOHA, June 19 – Qatar held military exercises with Turkish troops on Monday, demonstrating one of its few strong alliances after two weeks of ostracism and economic isolation imposed by neighbours which accuse the U.S. ally of supporting terrorism. Qatar’s state-funded pan-Arab news channel Al Jazeera showed footage of a column of

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Oil Slips on Worries Mideast Rift Could Undermine OPEC Cuts

By Christopher Johnson LONDON, June 6 – Oil prices fell further below $50 a barrel on Tuesday on concerns that a diplomatic rift between Qatar and several Arab states including Saudi Arabia could undermine efforts by OPEC to tighten the market. Benchmark Brent crude oil was 15 cents a barrel lower at $49.32 by 0755

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Saudi Arabia, Egypt, UAE Sever Ties with Qatar Over “Terrorism”

By Noah Browning DUBAI, June 5  – Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed their ties with Qatar on Monday, accusing it of supporting terrorism, opening up the worst rift in years among some of the most powerful states in the Arab world. The coordinated move dramatically escalates a dispute over Qatar‘s

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South Africa’s Zuma Denies Owning “Palace” in Dubai

JOHANNESBURG, June 4 – South African President Jacob Zuma has denied owning a “palace” in the United Arab Emirates, his office said on Sunday, after local media reported that an influential family bought him a home in the wealthy Gulf state. Graft accusations in more than 100,000 leaked documents and e-mails last week heaped more

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Gulf Arab Row Rattles Trump’s Anti-Iran Axis

By Sylvia Westall and Tom Finn DUBAI/DOHA, May 31 – Just 10 days after President Donald Trump called on Muslim countries to stand united against Iran, a public feud between Qatar and some of its Gulf Arab neighbours is jolting his attempt to tip the regional balance of power against Tehran. Saudi Arabia and the

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Behind the Scenes: The Saudi-U.S. Arms Deal

Has Trump taken credit for Obama’s weapons’ sales? By Awad Mustafa The single largest military deal in American history signed on Saturday, May 20th in Riyadh may have appeared as a foreign policy coup for U.S. President Donald Trump. However the deal was a coup for Saudi Arabia as its military has been undergoing a major

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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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