gulf states

Arab States to Deliver Verdict on Qatar as Compromise Elusive

By Ahmed Aboulenein CAIRO, July 5 – Four Arab foreign ministers met in Cairo to weigh possible further sanctions against Qatar on Wednesday in a dispute that has aroused deep concern among Western allies of the region’s ruling dynasties, key partners in energy and defence. Regional newspapers with links to their governments suggested the foreign

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Qatar is in Denial, Needs to Make a U-Turn: UAE Minister

By Leila Hatoum June 9 – DUBAI (Newsweek Middle East) – Qatar may soon find itself vulnerable in the face of regional and global threats, stripped from the protection of its Arab Gulf counterparts, if it decides to continue with its current policies, especially that the United States is also fed up with those policies,

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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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Qatar Seeks Kuwaiti Mediation After Powerful Arab Nations Shun It

By Tom Finn and Sylvia Westall DOHA/DUBAI June 6 – Qatar’s ruler postponed an address to his country on Tuesday over its sudden and damaging diplomatic isolation from other leading Arab nations, in order to allow Kuwait some time and room to mediate. In a sign of the potential consequences for the Qatari economy, a

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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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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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Saudi Sale of the Century Lures Foreign Investment Banks, P.E. Firms

By Saeed Azhar and Tom Arnold DUBAI, May 16 – One of the world’s largest privatisation programmes is drawing foreign investment banks and private equity (PE) firms to Saudi Arabia, despite the prospect of low fees and an uncertain regulatory environment. KKR is among the U.S.-based PE firms joining regional companies such as Abu Dhabi’s

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Syrian Opposition Figure Urges More Gulf Arab Support After Aleppo

RIYADH, Dec 15 – A senior Syrian opposition figure called on Thursday for an increase in Gulf Arab military support for armed rebels following the fall of the city of Aleppo to government forces this week. The loss of the rebels’ last urban stronghold this week has dealt a devastating blow to efforts to oust

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Kuwait Freedoms Make Austerity Drive Tricky for Government

By Sylvia Westall and Ahmed Hagagy KUWAIT, May 2 – A three-day strike by oil workers in Kuwait last month over pay reforms shows the government faces considerable opposition as it prepares to push through painful and controversial cuts to longstanding welfare benefits. Oil-exporting states around the Gulf are reducing subsidies for fuel, public utilities

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