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UAE poised to thaw ties with Turkey

The United Arab Emirates Sunday indicated that it was willing to normalize ties with Turkey only on condition that it stops supporting outlawed Muslim Brotherhood.     State minister for Foreign affairs Anwar Gargash made the announcement during an interview with UAE-based Sky News.     “What we want to tell Turkey is, we want […]

January 11th, 2021 | Posted in Gulf News,Headlines,World News | Read More »

Qatari Diar to resume work at mega Citygate project in Egypt as Gulf crisis ends

Qatari real estate company Diar will resume work at its New Cairo’s CityGate project after getting the approval from the New Urban Communities Authority, as the crisis between Doha and Cairo is over. Diar inaugurated last week its luxury Regis Cairo Hotel in Cairo suspended for several years owing to the diplomatic crisis that erupted […]

January 11th, 2021 | Posted in Gulf News,Headlines,World News | Read More »

Credit Suisse gets banking license to provide additional financial services in Saudi Arabia

Credit Suisse has opened a new branch in Saudi Arabia to provide extra financial services in the Gulf Kingdom, after securing in 2019 local banking license for the purpose, reports say. The financial institution on Monday said it had opened a branch in Riyadh to offer wealthy Saudi Arabian clients a greater range of financial […]

January 11th, 2021 | Posted in Finance,Gulf News,Headlines,World News | Read More »

King Salman of Saudi Arabia receives first dose of COVID-19 vaccine

King Salman bin Abdulaziz of Saudi Arabia has received the first dose of Pfizer’s COVID-19 vaccine, reported by the Saudi Press Agency (SPA). His son, the Crown Prince and other senior officials are also reported to have received the first dose of the vaccine. The King was accompanied by the Saudi Minister of Health, Dr […]

January 9th, 2021 | Posted in Gulf News,Headlines | Read More »

Saudi Arabia okays foreign CEOs appointment at head of state-run companies

The kingdom of Saudi Arabia has greenlighted the appointment of foreigners at the head of state-run companies, reports say. The Ministry of Commerce according to Zawya citing Okaz/Saudi Gazette made the decision following a meeting of Directors of the National Competitiveness Center (Tayseer) led by Commerce Minister Majed Al-Qasab. Ministry of Justice has validated the […]

January 8th, 2021 | Posted in Gulf News,Headlines | Read More »

UAE signs up for two additional Saab GlobalEye aircraft

The United Arab Emirates, UAE, has placed an order for two more highly sophisticated surveillance Saab GlobalEye aircraft for a value of $1 billion. The new contract was signed on Dec. 30 but was only announced by the Swedish company early this week. The new deal, Defense News reports, is an extension of a 2015 […]

January 7th, 2021 | Posted in Gulf News,Headlines | Read More »

Qatar’s Finance minister inaugurates hotel in Cairo

Qatari Finance Minister Ali Al Emadi Tuesday opened a Qatari-financed luxury hotel in the Cairo –first ever visit by a top Qatari official following agreement between Egypt and Qatar to end long standing diplomatic rift. Emadi attended the ceremony alongside his Egyptian counterpart Mohammed Maeti and US Secretary of the Treasury Steven Mnuchin. St Regis […]

January 6th, 2021 | Posted in Gulf News,Headlines | Read More »

Saudi Crown Prince calls GCC members, international community to unite against Iran’s threats

The Gulf Cooperation Council (GCC)’s member states are in the “utmost need” to unite their efforts to advance the region and face the challenges that surround them, Saudi Arabia’s Crown Prince Mohammed bin Salman said during his speech at the 41st GCC Summit in Al-Ula on Tuesday.   “We are in utmost need to unite […]

January 5th, 2021 | Posted in Gulf News,Headlines,World News | Read More »

Gulf Countries call for more efforts to implement joint action plans under Strategic Partnership with Morocco

The leaders of the Gulf Cooperation Council member countries called, on Tuesday, for intensifying efforts to implement the joint action plans provided for under the strategic partnership binding them to Morocco. This came in the Final Declaration adopted by the 41st Summit held Tuesday in the Saudi historic city of Al-Ula, under the chairmanship of […]

January 5th, 2021 | Posted in Gulf News,Headlines,World News | Read More »

Two new cinemas open in modern Saudi Arabia

Luxury Entertainment, a joint venture of Al Mohsen Al Hokair Group has launched the two new cinemas in the kingdom which has continued on its modernization plan. The two Cinepolis cinemas, Zawya reports, were on Monday, in Dammam and Jeddah. Al Mohsen Al Hokair Group which owns 31 per cent of the Luxury Entertainment in […]

January 5th, 2021 | Posted in Gulf News,Headlines | Read More »