gulf arab states

Iran’s Rouhani Calls for Better Gulf Ties in Call with Qatar Emir

DUBAI, May 28- Iran’s President Hassan Rouhani called on Saturday for improved relations with Gulf Arab countries during a telephone call with the emir of Qatar, which has come under fire from its Gulf neighbours over its relationship with Tehran. Iran and the Gulf Arab states are backing opposing sides in the Syrian and Yemen

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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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Amid Regional Strains, Qatar Says Hackers Post Fake Comments by Emir

CAIRO, May 24 – Qatar said on Wednesday its state news agency had been hacked, after it reported remarks purportedly by its ruler criticizing aspects of U.S. foreign policy in the wake of U.S. President Donald Trump’s visit to Saudi Arabia. The comments attributed to Sheikh Tamim bin Hamad Al Thani continued to be carried

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Amid Strains, Qatar Urges Iran, Gulf Arabs to be Good Neighbors

DUBAI, Sept 13 – Qatar’s Emir called for good neighbourly relations between Gulf Arabs and Iran in a telephone call with Iranian President Hassan Rouhani, Qatar media reported, amid fresh strains between regional rivals Saudi Arabia and Iran over the haj pilgrimage. Tensions have been rising since Gulf Arab allies variously cut or downgraded ties

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Business Outlook: Steady As They Go

Turkey’s coup won’t really affect the GCC Markets BY Tarek fadlallah The dramatic events in Turkey last month have led to increasing volatility in the country’s financial market, following a sharp sell-off in stocks, bonds and the Turkish Lira. In the week after the failed coup, the Borsa Istanbul 100 Stock Index fell by nearly

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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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Funding, Regulation Challenge Saudi Private Sector Drive

By Andrew Torchia and Marwa Rashad JEDDAH, Saudi Arabia, June 16 – After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms – a prospect which both pleases and worries businessmen, who wonder how they can finance new projects in an age of austerity. As more

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Saudi Arabia: Quietly Does It

The Saudi transformation few are paying attention to BY Fahad Nazer Media coverage of Saudi Arabia over the past year has largely focused on its new, more assertive foreign policy, as demonstrated by its military campaign in Yemen. More recently, a blueprint for economic reform known as “Vision 2030” aimed at reducing the country’s dependence on

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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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