Gulf

Bosnian Businesses Go Halal to Serve Gulf Visitors, Eye Exports

By Daria Sito-Sucic SARAJEVO, Dec 7 – Bosnian banks, food producers and hoteliers are adopting halal standards to tap a fast-growing market thanks to the country’s large Muslim population, an influx of Gulf tourists and growing trade with the Arab world. Bosnia has one of Europe’s largest indigenous Muslim populations, traditionally liberal in its interpretation

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Gulf May Arm Rebels now Syria Truce is Dead

By Jonathan Landay and Arshad Mohammed WASHINGTON, Sept 27- The collapse of the latest Syria ceasefire has heightened the possibility that Gulf states might arm Syrian rebels with shoulder-fired missiles to defend themselves against Syrian and Russian warplanes, U.S. officials said on Monday. Still, the U.S. administration continues to maintain that negotiations are the only

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Gulf Tourism Frenzy in Bosnia Delights Business, Polarises Locals

By Daria Sito-Sucic SARAJEVO, Aug 21 – Abdulah Al Sanousi enjoys the breeze in the lush resort outside Sarajevo where his family bought a flat to escape the summer heat at home in Kuwait, one of thousands of new Gulf buyers whose investment has polarized local opinion. They discovered mountainous Bosnia, where half the population

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A Crisis At Hand

When governments don’t pay companies, salaries get delayed and migrant workers suffer By Leila Hatoum and Abdullah Alelyan Mohammed, a Lebanese man in his thirties, spends his days worrying about how he will repay the loans he has taken against his overdue salary payments. He has sold his car, his furniture, sent his wife back

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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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Abu Dhabi Lays Off Staff as Gulf Austerity Tightens

By Stanley Carvalho ABU DHABI, May 22 – Thousands of layoffs at state-linked companies in Abu Dhabi are a fresh sign the Gulf’s wealthy oil states are hunkering down for a long period of austerity as low crude prices pressure their economies. Since mid-2015, the United Arab Emirates (UAE), Saudi Arabia, Qatar and other countries

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Gulf Arabs Back Morocco in Western Sahara Rift with U.N.

RIYADH, April 21 – Gulf Arab rulers back fellow monarchy Morocco in its row with the United Nations over the disputed region of Western Sahara, Saudi Arabia’s SPA news agency reported, one of the worst diplomatic crises over the territory since a 1991 ceasefire. Morocco expelled dozens of U.N. staff from the mission in Western

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U.S. Defense Chief Lays Ground for Obama Meeting with Gulf Allies

By Yeganeh Torbati RIYADH, April 20 – U.S. Defense Secretary Ash Carter and his Gulf Arab counterparts met in Riyadh on Wednesday to discuss ways to counter Iran and fight Daesh, laying the ground for President Barack Obama’s arrival in Saudi Arabia later in the day. Obama will meet Saudi King Salman on Wednesday before

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Saudi Pointman for Reform Has Troubleshooter Reputation

By Angus McDowall RIYADH, Feb 25  – A former food executive and mayor of Jeddah with a reputation for pushing through politically sensitive reforms has become the ruling family’s point man for a wide-ranging revamp of Saudi Arabia’s economy to cope with an era of low oil prices. Economy and Planning Minister Adel Fakieh faced

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Bahrain Opposition Leader Jailed for Insulting Ruling System

DUBAI, Feb 24 – A prominent Bahraini opposition figure was sentenced to a year in jail on Wednesday on charges of insulting the kingdom’s ruling system in a speech last year, his defence lawyer said. But the court cleared Ibrahim Sharif, former head of the secular National Democratic Action Society, or Waad, of the more

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